Potbelly IPO in focus

|About: Potbelly Corporation (PBPB)|By:, SA News Editor

Potbelly (PBPB) plans to use the funds it brings in for its IPO to pay a dividend to existing shareholders and fund growth.

Though the Noodles IPO was a raging success, Restaurant Finance Monitor is quick to note public launches by Del Frisco and CKE (canceled) didn't go off well.

During the first half of the year, Potbelly saw the same sluggish growth as other restaurant operators. Same-store sales were up 1.5% on lower traffic totals.

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