PTLO -  Portillo's GAAP EPS of $0.08 beats by $0.07 revenue of $150.9M misses by $4.44M

• Portillo’s press release ( NASDAQ: PTLO ): Q4 GAAP EPS of $0.08 beats by $0.07 .
• Revenue of $150.9M (+8.6% Y/Y) misses by $4.44M .

• Fiscal 2023 and Long-Term Outlook

• • Four new restaurants openings in the “Class of 2022”;
  • Nine new restaurant openings in the “Class of 2023”;
  • Commodity inflation in the mid single digits;
  • General and administrative expenses ranging from $72 million - $77 million;
  • Pre-opening expenses between $7.5 million - $8.0 million;
  • Capital expenditures between $70 million - $75 million.

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