PBPB - ポットベリ― (Potbelly Corporation)

PBPBのニュース

   Potbelly returned its first $10M PPP loan after public uproar — then it applied for another one  2020/08/21 13:34:15 Fox Business
The loan was approved on Aug. 7, the SEC filing shows, one day before the PPP closed to new applicants with more than $130 billion leftover.
   Potbelly Celebrates 2 Million Perks Members by Giving Away 2 Million Points  2020/08/17 14:00:00 PR Newswire
CHICAGO, Aug. 17, 2020 /PRNewswire/ -- Potbelly Sandwich Shop is celebrating its Potbelly Perks loyalty program crossing the 2 million member mark by giving away 2 million points to Perks members who visit for lunch Aug. 17 to 21. Each day 100 random Perks members who eat lunch between 11…
   Potbelly stock rallies after company's cash burn moderates  2020/08/05 21:58:50 MarketWatch
Shares of Potbelly Corp. undefined rallied 10% in the extended session Wednesday after the restaurant chain selling sandwiches and other items reported a…
   Potbelly Stock Extends Recovery Amid Cash Preservation Efforts  2020/06/04 16:08:57 Investopedia
Potbelly shares moved higher Thursday after the company announced that it had reduced its cash burn rate by 75% from peak levels.
   Potbelly's stock soars after update on improving same-store sales  2020/06/04 12:15:14 MarketWatch
Shares of Potbelly Corp. undefined soared 19% in premarket trading Thursday, after the sandwich shop company said it has seen an improvement in same-store…
   Potbelly Stock Extends Recovery Amid Cash Preservation Efforts  2020/06/04 16:08:57 Investopedia
Potbelly shares moved higher Thursday after the company announced that it had reduced its cash burn rate by 75% from peak levels.
   Potbelly's stock soars after update on improving same-store sales  2020/06/04 12:15:14 MarketWatch
Shares of Potbelly Corp. undefined soared 19% in premarket trading Thursday, after the sandwich shop company said it has seen an improvement in same-store…
   Here Are All The NYC Restaurants That Have Permanently Closed During The Coronavirus Crisis  2020/05/31 02:00:00 Zero Hedge
Here Are All The NYC Restaurants That Have Permanently Closed During The Coronavirus Crisis Tyler Durden Sat, 05/30/2020 - 22:00 In a world where hotels and restaurants already face a dismal future, a new study has found that nearly two-thirds of publicly traded restaurants are at risk of bankruptcy as the Covid-19 pandemic batters the industry. The odds of failure are even higher for small companies and restaurants that specialize in dine-in, consulting firm Aaron Allen & Associates said in an analysis. It identified Bloomin’ Brands, Potbelly and Chili’s owner Brinker International Inc. among those at greater risk according to Bloomberg . "It’s really the full-service model that’s in the biggest danger," principal Aaron Allen said. "Some of those that are in casual dining - a lot of those had already been bleeding cash, bleeding locations." And while Americans are starting to tentatively venture out again, and restaurants are seeing a modest rebound from rock bottom according to OpenTable data … ... the dining recovery may be slow with unemployment on the rise, cautious spending and also ongoing concerns about health and safety.
   Sandwich chain Potbelly says it may close up to 100 locations that were struggling even before the coronavirus hit (PBPB)  2020/05/13 15:16:23 Business Insider
Potbelly is weighing the closure of up to 100 stores, it said Tuesday. The locations that could come under the knife were already underperforming even before the coronavirus pandemic, executives told investors. The sandwich chain's losses surged in the first quarter of 2020 as it was forced to close shops, potentially upsetting turnaround efforts, and sending shares plummeting. Visit Business Insider's homepage for more stories . Sandwich chain Potbelly said Tuesday that it is considering closing up to 100 stores, 21% of its total locations, that were underperforming even before the coronavirus crisis hit America's restaurants. The announcement was made as part of the Chicago-based restaurant operator's first-quarter earnings which largely disappointed investors and sent shares sliding nearly 14% overnight. Potbelly lost just under $17 million in the first three months of 2020, nearly four times the same period last year. Total revenues were saved slightly, falling just 10%, thanks to an uptick in deliveries which continued to accelerate in April.
   Potbelly settlement with activist shareholders includes stock, not cash, for outlays  2020/05/11 21:50:15 Channel NewsAsia
BOSTON: Sandwich maker Potbelly Corp on Monday (May 11) promised to reimburse activist shareholders' expenses with stock not cash, creating a …
   11 major companies that have returned millions of dollars acquired through a government relief program meant for small businesses  2020/04/27 22:13:00 Business Insider
The $349 billion Paycheck Protection Program launched in early April was meant to bolster struggling small businesses . It was aimed at providing businesses with fewer than 500 employees with two-year, low-interest loans to cover salaries, wages, benefits, and certain taxes. The program would provide up to $10 million per company. Hundreds of publicly traded companies received funding through the federal government's Paycheck Protection Program. The program ran out of money less than two weeks after it was introduced. On April 23, the Treasury Department said publicly traded companies have two weeks to give back federal relief loans intended for small businesses. Here is a list of major companies, from Shake Shack to AutoNation, that have already confirmed they're returning the funds. Visit Business Insider's homepage for more stories . This is a developing story. Check back for updates. SEE ALSO: The coronavirus outbreak has triggered unprecedented mass layoffs and furloughs. Here are the major companies that have announced they are downsizing their workforces.
   13 Public Companies Agree To Return $170 Million In Small Business Coronavirus Stimulus; Others Are Keeping It  2020/04/27 15:15:00 Zero Hedge
13 Public Companies Agree To Return $170 Million In Small Business Coronavirus Stimulus; Others Are Keeping It At least 13 public companies have agreed to return coronavirus funds meant for small businesses after controversy erupted when the $349 billion Paycheck Protection Program (PPP) ran out of funds, leaving many struggling business owners unable to make ends meet. According to the Wall Street Journal , one such company returning funds AutoNation , the country's largest car-dealership chain which said they would return a cumulative $77 million in forgivable loans. Other companies returning funds include Ruth's Hospitality Group, Shake Shack, and pharmaceutical manufacturer OptiNose , Inc. - which will return $4.4 million. Restaurant owner J. Alexander Holdings will return $15.1 million, while sandwich chain Potbelly Corp gave back their $10 million loan on Saturday. " We were surprised and disappointed when the fund was quickly exhausted, leaving many without help ," the company said in a carefully crafted statement.
   Potbelly : Returning Payroll Protection Program Loan | MarketScreener  2020/04/25 21:28:03 MarketScreener
Potbelly Corporation today released the following statement. Potbelly's sales dropped dramatically when COVID-19 hit, forcing us to furlough employees, close shops, and significantly… | April 25, 2020
   Publicly traded companies have 2 weeks to give back loans intended for small businesses or potentially face 'severe consequences,' Treasury Department reportedly says  2020/04/23 20:10:00 Business Insider
The Treasury Department is asking publicly traded companies to return their loans from the federal government by May 7, according to a report from The Wall Street Journal . Large companies who drew from the fund intended for small businesses were criticized after many small businesses were unable to access loans as the fund ran out of money. Some public companies, like Shake Shack, gave back the money after they realized small businesses weren't able to access the loans, but some companies like Ruth's Chris Steak House have held on to the funds. Visit Business Insider's homepage for more stories . The Treasury Department is asking publicly traded companies who received loans from a fund intended to help small business recover from the pandemic to return the money by May 7 or potentially face consequences, according to a report from The Wall Street Journal on Thursday. The department said in updated guidance that it is "unlikely that a public company with substantial market value and access to capital markets" could prove that a federal loan was necessary for them to stay afloat, according to the report.
   At least 32 companies with CEOs making over $1 million reportedly received small business funds  2020/04/22 15:49:34 Business Insider
At least 32 companies paying CEOs more than $1 million received funds from the Paycheck Protection Program, according to an investigation by Popular Information. PPP was designed to provide loans to small businesses struggling during the coronavirus pandemic. All $350 billion allocated to the program was accounted for in less than two weeks, leaving businesses to look for alternate funds. There may be more funds available to small businesses soon. Visit Business Insider's homepage for more stories . An investigation by Popular Information's Judd Legum found that at least 32 companies with CEOs making over $1 million received funds from the Paycheck Protection Program (PPP). The program was designed to give loans to struggling small businesses. Less than two weeks after it launched, its entire $350 billion allocation was accounted for. Several larger businesses have already faced pushback because they took loans from the program. Shake Shack — which had almost $595 million in revenue last year — returned a $10 million PPP loan, Business Insider's Ashley Collman reported .

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