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PTLO News and Press, Portillo's Inc. From 02/02/23

Stock Information

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

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PTLO - Just Two Weeks After Opening Its First Texas Restaurant, Portillo's Announces Expansion Plans

OAK BROOK, Ill., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Following a highly successful opening of its first restaurant in Texas, Portillo’s (NASDAQ: PTLO) – the fast-casual restaurant concept known for its menu of unrivaled Chicago-style street food – today announced plans to o...

PTLO - Portillo's: Limited Margin Of Safety At Current Levels

Summary Portillo's reported record revenue in Q3 but margins fell short of expectations with continued pressure from commodity/wage inflation. This margin pressure was exacerbated by weaker industry traffic trends and Portillo's more conservative approach to pricing to allow its relativ...

PTLO - Portillos (PTLO) Presents At ICR Conference 2023 - Slideshow

The following slide deck was published by Portillo's Inc. in conjunction with this event. For further details see: Portillos (PTLO) Presents At ICR Conference 2023 - Slideshow

PTLO - Portillo's Named a 2022 Best in Biz Awards Silver Winner

CHICAGO, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Today, Portillo’s (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, announced it has been named a Silver winner at the Best in Biz Awards in two categories that recognize the company’s...

PTLO - 3 Growth Stocks That Could 5x in 2023

2022 has been a big year for value stocks, many of which are beating the market. Growth investing took a backseat to safer approaches after years of wealth creation while the economy became volatile. But 2023 is on the horizon, and the market could change very quickly. As many sky-high valuat...

PTLO - Portillo's Inc. to Participate in Upcoming Investor Conferences

CHICAGO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Portillo’s Inc. (“Portillo’s”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that the Company will participate in the following investor conferences: On...

PTLO - Why Portillo's Stock Got Raked Over the Coals Tuesday Morning -- and What Investors Got Wrong

Shares of Portillo 's (NASDAQ: PTLO) plunged on Tuesday, with the stock falling as much as 10% early in the session. As of 1:37 p.m. ET, the stock was still down 8.5%. That catalyst the crushed the fast-casual restaurant stock was the announcement of a secondary stock offeri...

PTLO - Portillo's Helps Make the Holidays Festive and Delicious with Gifts for the Whole Family - Including Limited-Edition Crocs(TM) Shoes

Following an overwhelming response to the Company’s “Rockin’ Crocs Giveaway” earlier this year, Portillo’s fans can purchase a pair of the coveted footwear alongside an array of other festive merchandise while supplies last Plus, Portilloȁ...

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

CHICAGO, Nov. 15, 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 pricing of its previously announced unde...

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...

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