Wintrust Business Minute: Potbelly’s recent earnings beat their estimates

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

Chicago-based Potbelly is seeing growth after warning in 2020 about going out of business. Crain’s says the sandwich chain has seen progress in its turnaround plan, including positive net income in the first quarter. Potbelly had income of $85,000 compared to a loss of $2.7 million during the same period in 2024. Sales rose about 1%. The company’s earnings beat estimates. Potbelly shares are up 20% in the last month. The sales jump comes as other restaurants have seen a drop.

Also, Bally’s casino has settled a lawsuit filed by an activist group. Listen for more below: