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home / news releases / PTLO - Portillo's: Significant First Quarter Sales Growth Solidifies Long-Term Outperformance Thesis

PTLO - Portillo's: Significant First Quarter Sales Growth Solidifies Long-Term Outperformance Thesis

Portillo's Inc.
  • F1Q2022 revenues of ~$134 million missed analysts estimates by ~$1 million.
  • Break-even earnings per share beat consensus projections by $0.03.
  • The company witnessed substantial customer demand at its first drive-thru only location, launched during the first quarter.
  • We are maintaining our 1-year Price Target of $30/share. Reiterate Buy Rating.

For further details see:

Portillo's: Significant First Quarter Sales Growth Solidifies Long-Term Outperformance Thesis
Stock Information
Company Name: Portillo's Inc.
Stock Symbol: PTLO
Market: NASDAQ
Website: portillos.com
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