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Potbelly, Shake Shack, Axios: Here Are All The Companies Returning PPP Money After Public Backlash. BySarah Hansen, Former Staff. I cover breaking news. Apr 29, 2020, 11:15am EDT Jul 09, 2020, 11 ...
Potbelly and Shake Shack each got a $10 million PPP loan thanks to the exemption. Ruth’s Chris got $20 million, even though the loans were capped at $10 million, by applying for two subsidiaries.
More than a dozen publicly traded companies with revenue of more than $100 million, including Shake Shack Inc. and Potbelly Corp., received loans through a massive relief program aimed at small ...
Shake Shack was among the larger companies criticized for seeking small-business emergency loans from the federal government. By David Yaffe-Bellany Buried deep in the 900-page stimulus package ...
These include Potbelly Sandwich Shop and Shake Shack , which has upward of $100 million in cash on hand, as well as Fiesta Restaurant Group Inc ., the owner of Taco Cabana.
Before the coronavirus struck, Shake Shack, the New York-based burger franchise, employed about 8,000 in the U.S. Potbelly, the Chicago-based sandwich chain, employed about 6,000.
More than a dozen publicly traded companies with revenue of more than $100 million, including Shake Shack Inc., Potbelly Corp. and a Tex-Mex restaurant chain with more than 10,000 employees ...
Casual sandwich chain Potbelly (NASDAQ:PBPB) will be reporting results tomorrow after the bell. Here’s what investors should know. Potbelly met analysts’ revenue expectations last quarter ...
Certain branches of Potbelly sandwich stores and Ruth’s Chris steak houses, which also received PPP funds, are operated as franchises. Shake Shack says on its website that it doesn’t franchise.
Other fast-casual restaurants like Chipotle and Shake Shack had value scores that were 2.14% and 2.2% above the average, respectively. However, those two still had value scores slightly below ...
Potbelly beat analysts’ revenue expectations by 1.7% last quarter, reporting revenues of $115.1 million, ... CAVA’s stock price was unchanged after the results, while Shake Shack was down 2.2%.
Potbelly stock surges with strong sales growth, ... In fact, this result from Potbelly is better than high-growth fast-casuals like Shake Shack (+0.2%), Wingstop ...