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This Fast-Growing Restaurant Stock Gets a Chipotle-Size Boost
The Motley Fool· 2025-01-13 16:21
Portillo's has a chance to be a growth machine like Chipotle, and now it has a Chipotle leader on the board.Portillo's (PTLO -0.10%) added Chipotle (CMG -1.07%) veteran Jack Hartung to its board of directors last week, and the stock got a nice bounce. In this video, Travis Hoium explains why Hartung could help Portillo's optimize operations and expansion as it enters its new growth phase.*Stock prices used were end-of-day prices of Jan. 12, 2025. The video was published on Jan. 13, 2025. ...
Strength Seen in Portillo's Inc. (PTLO): Can Its 7.9% Jump Turn into More Strength?
ZACKS· 2025-01-13 15:11
Portillo's Inc. (PTLO) shares ended the last trading session 7.9% higher at $9.93. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 7.3% loss over the past four weeks.Shares of Portillo's appreciated following the announcement that Jack Hartung, President and Chief Strategy Officer at Chipotle, has been appointed to its Board of Directors, effective immediately. This company is expected to post quarterly earnings of ...
Portillo's Adds Industry Veteran Jack Hartung to Board of Directors
GlobeNewswire News Room· 2025-01-10 13:00
CHICAGO, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Portillo’s (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the appointment of Jack Hartung, President and Chief Strategy Officer at Chipotle, to Portillo’s Board of Directors, effective immediately. "Jack Hartung has been a pioneer of the fast casual restaurant sector and an architect behind one of its greatest success stories. His experience driving operating excellence and developing restaurants wi ...
Portillo's Adds Industry Veteran Jack Hartung to Board of Directors
Newsfilter· 2025-01-10 13:00
CHICAGO, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Portillo's (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the appointment of Jack Hartung, President and Chief Strategy Officer at Chipotle, to Portillo's Board of Directors, effective immediately. "Jack Hartung has been a pioneer of the fast casual restaurant sector and an architect behind one of its greatest success stories. His experience driving operating excellence and developing restaurants wit ...
Portillo's: This High-Growth Fast-Casual Is Really Cheap Right Now
Seeking Alpha· 2024-12-16 08:12
There's no doubt that Portillo's (NASDAQ: PTLO ) is a fast-casual restaurant chain that's growing very quickly. Not long ago, its footprint was limited to Chicagoland, but that changed threeI'm an Equity Analyst and Accountant specializing in restaurant stocks, with a strong foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. m ...
Portillo's Appoints Tony Darden as Chief Operating Officer
Prnewswire· 2024-12-02 21:05
Core Insights - Portillo's has appointed Tony Darden as Chief Operating Officer to enhance operations and support national growth [1][2][4] - Darden brings over 30 years of experience in the restaurant industry, having previously served as COO at Jack in the Box and held leadership roles at other notable restaurant chains [2][3] - The company aims to operate up to 920 locations, including new formats like Portillo's Pick-Up, while maintaining its commitment to quality and service [3] Company Overview - Portillo's was founded in 1963 and has grown to over 80 restaurants across 10 states, known for its Chicago-style hot dogs and other menu items [5] - The brand is set to open its first "Restaurant of the Future" in Grapevine, Texas, featuring a more efficient design and modern service elements [3]
Portillo's Inc. to Participate in Three Investor Conferences
GlobeNewswire News Room· 2024-11-22 23:00
OAK BROOK, Ill., Nov. 22, 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 appear at the following investor conferences: On Tuesday, November 26, 2024, CEO Michael Osanloo and CFO Michelle Hook will present at Furey Research Partners Hidden Gems Conference at 9:00 a.m. Eastern Time. A copy of the presentation to be used ...
The Shocking Truth Behind Portillo's Disappointing Earnings Report
The Motley Fool· 2024-11-06 17:34
The restaurant chain saw same-store sales drop just as expansion plans kicked into gear.Portillo's (PTLO -0.89%) has big growth plans as it expands in the Sun Belt. But as those restaurants are built, the company is seeing sales at existing stores slip. Travis Hoium digs into what's going on at Portillo's and in the restaurant industry broadly in 2024.*Stock prices used were end-of-day prices of Nov. 5, 2024. The video was published on Nov. 5, 2024. ...
Portillo’s(PTLO) - 2024 Q3 - Earnings Call Presentation
2024-11-05 17:51
. . .. | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS & NON-GAAP MEASURES This presentation contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 ("PSLRA"). All statements other than statements of historical fact are forward-looking statements. Forward-looking statements discuss our current expectations and ...
Portillo’s(PTLO) - 2024 Q3 - Quarterly Report
2024-11-05 13:06
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 ...