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Stock impact report

Potbelly Launches Large Area Developer Incentive Program for Multi-Unit Franchisees

Potbelly Corporation (PBPB) 
Last potbelly corporation earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.potbelly.com/investor-relations
Company Research Source: GlobeNewswire
CHICAGO, March 04, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB), the iconic neighborhood sandwich shop concept, today announced the launch of its Potbelly 50/50 Large Area Developer Incentive Program, designed to reward multi-unit operating partners who successfully develop and open shops on an accelerated timeline. This announcement comes as Potbelly continues to strategically execute its long-term growth plans and expand its brand across the U.S. As part of the program, franchisees who enter a Shop Development Area Agreement (SDAA) to open at least 15 Potbelly shops in eight years or less will now have the opportunity to receive substantial financial benefits for beating their committed dates. Through the Potbelly 50/50 Large Area Developer Incentive Program, Potbelly will offer qualifying franchisees reduced initial franchise fees and reduced deposit fees, as well as 50% off royalty fees for the period of time the shop is opened ahead of the required opening date Show less Read more
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