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Stock impact report

Jersey Mike's looking for a buyer - report [Seeking Alpha]

Potbelly Corporation (PBPB) 
Last potbelly corporation earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.potbelly.com/investor-relations
Company Research Source: Seeking Alpha
The second-largest sandwich chain in the country is expected to fetch around $8B with Blackstone ( NYSE: BX ) among buyers reportedly interested in the company. A Sub Above, LLC, dba Jersey Mike's Subs began in 1956 as a single sub shop in Point Pleasant, NJ called Mike's Subs. The original shop was purchased by 17-year old employee and current CEO, Peter Cancro in 1972 and has since expanded to 2,557 locations with 19K employees. According to data cited by the Journal , Jersey Mike's did $3.3B in sales in 2023, tripling from 2019. Other names in the sector are trading higher with Potbelly Corp ( PBPB ) up 2.3%, FAT Brands ( FAT ) higher by 2%, Sweetgreen ( SG ) higher by 4%, and Shake Shack ( SHAK ) trading almost 1% higher. Recommended For You More Trending News Recommended For You More Trending News About BX Stock Related Stocks Trending Analysis Trending News Show less Read more
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