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.

4 Comments
 

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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