Potbelly predicts soft 2Q same-store sales

Potbelly predicts soft 2Q same-store sales

Analysts reduce price targets after chain lowers 2014 earnings guidance

Potbelly Corp.’s share price opened 20 percent lower in Thursday morning trading after reporting disappointing preliminary results for its second quarter after Wednesday’s market close, leading several analysts to lower their price targets for the Chicago-based company.

When Potbelly reports the results of its June 29-ended second quarter early next month, it expects revenue for the period to rise 6.9 percent, to $83.6 million, reflecting an expected same-store sa

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