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PTLO News and Press, Portillo's Inc. From 05/31/23

Stock Information

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

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PTLO - Portillo's: Long-Term Outlook Remains Intact

2023-05-31 00:14:46 ET Summary I reiterate my bullish stance on Portillo's due to its long-term earnings growth potential, ability to raise prices effectively, and strong restaurant-level margin. PTLO's pipeline of new stores, particularly in Texas, where AUVs have exceeded expect...

PTLO - Portillo's Inc. (PTLO) Q1 2023 Earnings Call Transcript

2023-05-06 13:46:07 ET Portillo’s Inc. (PTLO) Q1 2023 Earnings Conference Call May 4, 2023 10:00 ET Company Participants Barbara Noverini - Director, Investor Relations Michael Osanloo - President and Chief Executive Officer Michelle Hook - Chief Financial...

PTLO - Portillo's tracks higher after Guggenheim points to attractive entry point

2023-05-05 11:41:59 ET Portillo's Inc. ( NASDAQ: PTLO ) gained in mid-day trading on Friday to recapture some of the ground lost since it posted an unexpected Q1 loss. Sentiment on the restaurant stock got a boost after Guggenheim lifted its rating to Buy from Neutral. Analy...

PTLO - Why Portillo's Stock Dropped Today

2023-05-04 15:52:10 ET Shares of restaurant company Portillo's (NASDAQ: PTLO) , a Chicagoan favorite, dropped on Thursday after it released financial results for the first quarter of 2023. The company had an unexpected net loss, which didn't sit well with the market. And that's why ...

PTLO - Portillo's falls after high inflation leads to unexpected quarterly loss

2023-05-04 11:44:54 ET Portillo's ( NASDAQ: PTLO ) dropped sharply on Wednesday after missing estimates with its Q1 earnings report. While same-restaurant sales came in at +9.1% to beat the consensus estimate of +8.9%, the restaurant operator reported an unexpected loss for ...

PTLO -  Portillo's GAAP EPS of -$0.01 misses by $0.04, revenue of $156.06M misses by $0.23M

2023-05-04 08:07:05 ET Portillo’s press release ( NASDAQ: PTLO ): Q1 GAAP EPS of -$0.01 misses by $0.04 . Revenue of $156.06M (+16.0% Y/Y) misses by $0.23M . Same restaurant sales increased 9.1%; Operating income increased $1.7 million to $8.5 millio...

PTLO - Portillo's Inc. Announces First Quarter 2023 Financial Results

CHICAGO, May 04, 2023 (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 first quarter ended March ...

PTLO -  Portillo's Q1 2023 Earnings Preview

2023-05-03 12:51:04 ET Portillo’s ( NASDAQ: PTLO ) is scheduled to announce Q1 earnings results on Thursday, May 4th, before market open. The consensus EPS Estimate is $0.01 and the consensus Revenue Estimate is $156.29M (+16.2% Y/Y). Over the last 3 months, EPS...

PTLO - Yeehaw! Portillo's Adds New Rodeo Burger to Menus Nationwide

CHICAGO, May 01, 2023 (GLOBE NEWSWIRE) -- Portillo’s (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of unrivaled Chicago-style street food for the last 60 years, is inviting burger lovers to saddle up and enjoy the new Rodeo Burger. Available just in time for...

PTLO - Dave & Buster's Entertainment: Navigating A Broken Balance Sheet

2023-04-17 07:28:58 ET Summary PLAY has a unique business model combining food, drinks, and games under one roof, which has been successful in attracting a wide range of customers. PLAY has a mixed financial track record, with impressive revenue and free cash flow growth but a bal...

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