Potbelly IPO
This is not a company with a treasure trove of patents, some magical brew of tech alchemy, or legions of workers selling smart services. It’s a simple restaurant chain with slim profit margins to match, perennially less than 4 percent, according to its seminal SEC filing.
Helluva first day. Any initial reactions/thoughts? I the market was begging for a company like this to eat up. Who knows what the next 1-3 years will hold.
Here is the full article.
I've always been a fan of Potbelly. May add this to my port
Grabbed a sandwich from there today...love them
Solid sandwich shop. Unlikely it will be as successful as Chipotle in the short term but in the long term sky is the limit.
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