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PTLO News and Press, Portillo's Inc. From 11/14/22

Stock Information

Company Name: Portillo's Inc.
Stock Symbol: PTLO
Market: NASDAQ
Website: portillos.com

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PTLO - Portillo's (PTLO) stock drops over 8% after hours on 8M share offering

Portillo's ( NASDAQ: PTLO ) stock dropped 8.5% after hours on Monday as the firm announced an underwritten public offering of 8M class A shares. Underwriters have a 30-day option to buy up to an additional 1.2M class A shares. Net proceeds will be used to buy limit...

PTLO - Portillo's Inc. Announces Offering of Class A Common Stock in "Synthetic Secondary" Transaction

CHICAGO, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Portillo’s Inc. (“Portillo’s” or the “Company”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the launch of an underwritten public offerin...

PTLO - Could This Restaurant Stock Be the Next Chipotle?

There's no question that early investors in Chipotle Mexican Grill have been amply rewarded. Since the company's initial public offering (IPO) in early 2006, the stock has returned an incredible 6,000%, even after the bear market carnage of the past year. Chipotle was a pioneer in the f...

PTLO - Portillo's: Long-Term Growth Story Intact Despite Short Term Commodity Inflation

Summary Portillo's sales beat in 3Q22 supports my bull thesis. Short-term concerns remain to be monitored as margins continue to see pressure from commodity price inflation. Management reaffirms store opening developments in 4Q22. Overview This post serves as an ...

PTLO - Portillo's Inc. (PTLO) Q3 2022 Earnings Call Transcript

Portillo's Inc. (PTLO) Q3 2022 Results Conference Call November 03, 2022 10:00 AM ET Company Participants Barbara Noverini - Investor Relations Michael Osanloo - President and Chief Executive Officer Michelle Hook - Chief Financial Officer Conference Call P...

PTLO - Portillo's stock pops after strong than expected Q3 sales

Portillo’s ( NASDAQ: PTLO ) stock rose sharply on Thursday after the company notched better than anticipated Q3 sales results. Alongside the 9.5% year over year rise in revenue to exceed estimates , the Illinois-based restaurant operator managed to meet EP...

PTLO - Portillo's Named A 2022 Best Brand to Work For by QSR Magazine

CHICAGO, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Portillo’s (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of unrivaled Chicago street food, today announced that it has been named to QSR Magazine ’s inaugural Best Brands to Work For list. Dedicated to ...

PTLO -  Portillo's GAAP EPS of $0.04 beats by $0.04, revenue of $151.1M beats by $1.85M

Portillo’s press release ( NASDAQ: PTLO ): Q3 GAAP EPS of $0.04 beats by $0.04 . Revenue of $151.1M (+9.5% Y/Y) beats by $1.85M . Shares +3.9% PM. For further details see:  Portillo’s GAAP EPS of $0.04 beats by $0.04, revenu...

PTLO - Portillo's Inc. Announces Third Quarter 2022 Financial Results

CHICAGO, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Portillo’s Inc. (“Portillo’s” or the “Company”) (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the third quarter ended...

PTLO - Portillo's Q3 2022 Earnings Preview

Portillo’s ( NASDAQ: PTLO ) is scheduled to announce Q3 earnings results on Thursday, November 3rd, before market open. The consensus EPS Estimate is $0.02 and the consensus Revenue Estimate is $149.25M (+8.2% Y/Y). Over the last 3 months, EPS estimates have see...

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