Potbelly Looks to Earnings for Jolt After IPO Underperforms
Potbelly Corp. has a few beats to its credit since the public debut, but sluggish growth will hold back its stock.
Chicago-based hot sandwich chain Potbelly Corp. hasn't been too hot since its market debut 13 months ago -- in fact, the company has watched stock plummet nearly 60% since its arrival in 2013. That comes as Potbelly has racked up some minor beats, so, next, the market may not be looking for a marginal adjustment in EPS so much as investors are seeking some substantive guidance. Potbelly Corp. has a few beats to its credit since the public debut, but sluggish growth will hold back its stock. For today's Chart of the Day, it can't all be good news -- even if it is a tasty sandwich.
