Portillo's Inc. (PTLO) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 57.14%. A quarter ago, it was expected that this company would post earnings of $0.11 per share when it actually produced earnings of $0.10, delivering a surprise of -9.09%.Over the last four quarters, the company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10- Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 29, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 001-40951 PORTILLO'S INC. (Exact name of registrant as specified in its charter) Delaware 87-1104304 (State or other jurisdiction of incorpo ...

Portillo's Inc. Announces Third Quarter 2024 Financial Results Chicago, IL— November 5, 2024—Portillo's Inc. ("Portillo's" or the "Company") (NASDAQ: PTLO), the restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the third quarter ended September 29, 2024. Michael Osanloo, President and Chief Executive Officer of Portillo's, said, "While our top line results for the quarter fell short of expectations, I'm proud of how our team protected margins and drove ca ...

CHICAGO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Portillo’s Inc. (“Portillo’s” or the “Company”) (NASDAQ: PTLO), the restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the third quarter ended September 29, 2024. Michael Osanloo, President and Chief Executive Officer of Portillo’s, said, “While our top line results for the quarter fell short of expectations, I’m proud of how our team protected margins and drove cash flow. We’re profitable, we’re controlling the l ...

With the stock market continuing to chase new all-time highs every day, investors who want to remain exposed to equities face a tough choice: buy in at a huge valuation and hope for the best, or sit on the sidelines and wait for With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor o ...

OAK BROOK, Ill., Oct. 08, 2024 (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 report third quarter 2024 financial results on Tuesday, November 5, 2024, before the market opens. A live audio webcast is scheduled for 10:00 AM ET that same day. Michael Osanloo, President and Chief Executive Officer, and Michelle Hook, Chief Financial Officer, will host the webcast. The webcast will ...

This article will be my first on a hidden gem restaurant named Portillo's (NASDAQ: PTLO ). This company may be under the radar because you may only have heard of it if you live in the Midwest or I have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineering background, I often tend to gravitate to Tech stocks Analyst's Disclos ...

Joe Hendrickson Founded in 1963, Portillo's Inc. (NASDAQ:PTLO) operates restaurants that serve Chicago-style hot dogs, as well as grilled burgers, beef sandwiches, and other food items. The company has continued expanding its restaurant chain nationwide across the United States, showing constant good revenue growth. The company's post-IPO stock performance after the 2021 IPO has been poor, as the stock has lost over two thirds of the value from its initial trading. After the stock has had such a weak run am ...

OAK BROOK, Ill., Aug. 30, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (Nasdaq: PTLO) ("Portillo's" or the "Company"), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that CEO Michael Osanloo and CFO Michelle Hook will present and host investor meetings at the Piper Sandler Growth Frontiers Conference on September 10-11, 2024. All interested investors will be able to access a live audio webcast of the Company's presentation at 12:00pm ET on Wednesday, September ...

CHICAGO, Aug. 27, 2024 (GLOBE NEWSWIRE) -- As the summer season comes to an end, Portillo's, the fast-casual restaurant concept known for its menu of unrivaled Chicago-style street food, is ready to spice things up and elevate its dessert lineup with the launch of the Salted Caramel Spice Cake. This marks the first new cake offering from Portillo's in over 20 years, joining the brand's fan-favorite Chocolate Cake, Strawberry Shortcake and Chocolate Éclair Cake. Starting August 27, the new decadent, seasonal ...