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PTLO News and Press, Portillo's Inc. From 10/02/23

Stock Information

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

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PTLO - Portillo's Inc. to Announce Third Quarter 2023 Results on Thursday, November 2, 2023

OAK BROOK, Ill., Oct. 02, 2023 (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 it will be reporting third quarter 2023 financial results on Novembe...

PTLO - Portillo's sets unit growth targets at investor event

2023-09-20 13:26:55 ET More on  Portillo’s Seeking Alpha’s Quant Rating on  Portillo’s Financial information for  Portillo’s Portillo's: Dip In Share Price Is A Buying Opportunity As Business Remains Strong For furth...

PTLO - Catalyst watch: Microsoft, Amazon, Oracle, and Intel to Hold High-Profile Events

2023-09-15 15:00:00 ET More on the markets Key Region Of Support Sides With SPY Bullish Case Market Crosswinds And Nasdaq Looking Better Than Dow The Fed's rate-hike cycle has 'most assuredly ended' -- Lawrence Fuller Fund managers finally embrace U.S. stocks...

PTLO - Sweetgreen: Positive Signs Of Traffic Recovery In SG Urban Areas

2023-09-06 03:48:11 ET Summary I am positive on the business growth due to signs of recovery in urban traffic and the launch of the Sweetpass loyalty program. The launch of Sweetpass is expected to drive further traffic to SG's stores. This loyalty program offers discounts, which ...

PTLO - McDonald's to Wingstop may be benefiting from shoppers, but consumers are also spending less

2023-08-21 15:12:23 ET Alongside our persistent shopping habits, we’re also dining out plenty. A survey of private chains suggests that positive year-over-year retail traffic trends so far this year have been a “slight” tailwind for restaurant sales that rely on ret...

PTLO - Portillo's: Dip In Share Price Is A Buying Opportunity As Business Remains Strong

2023-08-12 02:39:19 ET Summary PTLO's SSS performance remains strong and there are no signs of a slowdown in developing new units in new markets. Despite a decline in foot traffic, PTLO's revenue increased by 12.3% in 2Q23, primarily due to a price increase. PTLO's restaurant-...

PTLO - Portillo's Inc. (PTLO) Q2 2023 Earnings Call Transcript

2023-08-05 14:45:24 ET Portillo's Inc. (PTLO) Q2 2023 Results Conference Call August 03, 2023 10:00 AM ET Company Participants Barbara Noverini - Director, Investor Relations Michael Osanloo - President and Chief Executive Officer Michelle Hook - Chief Financial ...

PTLO - Why Portillo's Stock Dropped 14.8% This Week

2023-08-04 15:20:05 ET Shares of restaurant chain Portillo's (NASDAQ: PTLO) fell as much as 14.8% in trading this week after reporting second-quarter 2023 financial results. Shares are down 13.9% for the week as of 2:30 p.m. ET on Friday. The quarter wasn't all that bad, but it ...

PTLO - Why Portillo's Stock Was Pulling Back Today

2023-08-03 15:40:16 ET Shares of Portillo's (NASDAQ: PTLO) were sliding today after the Chicago-style fast-casual restaurant chain posted second-quarter results that were slightly below analyst estimates. As of 2:40 p.m. ET, the stock was down 13.1% on the news. Portillo's s...

PTLO - Portillo's GAAP EPS of $0.12 in-line, revenue of $169.2M misses by $0.41M

2023-08-03 08:10:48 ET Portillo’s press release ( NASDAQ: PTLO ): Q2 GAAP EPS of $0.12 in-line. Revenue of $169.2M (+12.4% Y/Y) misses by $0.41M . Same restaurant sales increased 5.9%. Restaurant-Level Adjusted EBITDA* increased $4.3 million to $42.7 mil...

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