Profile: Potbelly Corp (PBPB.OQ)
13 Jan 2017
Potbelly Corporation, incorporated on June 5, 2001, is a neighborhood sandwich concept offering sandwiches, salads and other menu items. The Company owns and operates Potbelly Sandwich Works sandwich shops in the United States. The Company also has domestic and international franchise operations of Potbelly Sandwich Works sandwich shops. The Company has a domestic base of approximately 396 shops in 28 states of the United States and the District of Columbia, consisting of 372 Company-operated shops and 24 franchisee-operated shops. In addition, the Company has approximately 12 international franchised shops, including 11 shops in the Middle East and one shop in the United Kingdom.
The Company's menu includes items made from ingredients, such as vegetables, hearth-baked bread and white meat chicken. The Company also uses whole muscle turkey, ham and roast beef. The Company's sandwiches are customized with a range of toppings, including its Potbelly hot peppers that are made with a combination of spices. The Company has domestic franchise shops in Arkansas, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Carolina, North Dakota, Ohio, Pennsylvania, South Dakota, Tennessee, Texas and Virginia. The Company's franchisees operates approximately 24 shops domestically. The Company has a franchise development agreement with the Alshaya Trading Company W.L.L. (Alshaya), a franchisee of retail brands, to develop shops in the Middle East. Alshaya operates approximately 11 shops in Kuwait, the United Arab Emirates and Bahrain.
The Company's menu includes toasty warm sandwiches, signature salads, soups, chili, sides and desserts, and in its breakfast locations, breakfast sandwiches and steel cut oatmeal. The Company's sandwiches are made with its multigrain or regular bread as Originals (regular size), Bigs (30% bigger) or Skinnys (less meat and cheese starting under 400 calories), or on Flats (thin multigrain bread which is 90 calories less than its Originals). The Company's core sandwich offerings include Turkey Breast, Italian, Grilled Chicken and Cheddar, Smoked Ham, A Wreck, Chicken Salad, Meatball, Pizza Sandwich, Mediterranean, Roast Beef and Tuna Salad. Customers can also order off-menu sandwiches and variations on its sandwiches, including the Wrecking Ball (A Wreck plus meatballs), the Lucky Seven (which includes all seven of its sliced meat choices) and the Cheeseburger (the Meatball with cheddar cheese and no marinara). The Company's salads include the Uptown Salad, Farmhouse Salad, Chicken Salad Salad, A Wreck Salad, Mediterranean Salad and Chickpea Veggie Salad. These salads come with a range of dressing, including Potbelly Vinaigrette, Balsamic Vinaigrette, Buttermilk Ranch and Non-Fat Vinaigrette.
The Company also offers soups, chili and side dishes. Different soups are offered daily, including Broccoli Cheddar, Chicken Noodle, Loaded Baked Potato, Chicken Enchilada, Lentil Kale and Turkey Sausage, and Tomato soup. The Company also has a vegan soup option, its Garden Vegetable. Its chili is a recipe of ground beef, kidney beans, onions and bell peppers sweetened with a touch of molasses. Customers can choose side dishes of coleslaw, macaroni salad, potato salad, potato chips or a whole dill pickle. The Company also offers hand-dipped shakes and smoothies. The Company's classic shake flavors include vanilla, chocolate, strawberry, coffee and Oreo, and include real fruit. The Company's cookie offerings include Oatmeal Chocolate Chip, Sugar and Chocolate Brownie cookies. Customers can also order an ice cream sandwich, with their choice of cookies and ice cream, or the Company's chocolate and caramel Dream Bar. The Company's breakfast menu includes made-to-order breakfast sandwiches on its Flats or its multigrain or regular bread and include Egg and Cheddar Cheese; Bacon, Egg and Cheddar Cheese; Sausage, Egg and Cheddar Cheese, and Ham, Mushroom, Egg and Swiss Cheese. The Company also offers steel cut oatmeal with toppings, such as raisins, brown sugar, bananas, walnuts, apples and cranberries, and has other breakfast items available, such as yogurt parfaits, bagels and dark roast coffee.
The Company competes with Chipotle, Jimmy John's, Panera Bread and Subway.
111 N Canal St Ste 850
CHICAGO IL 60606-7218