Streetbeat News

PTLO

Portillo's Inc.

https://www.portillos.com

Industry

Restaurants

Portillo's Inc., together with its subsidiaries, engages in the ownership and operation of fast casual and quick service restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, char-grilled burgers, chopped salads, crinkle-cut French fries, homemade chocolate cakes, and chocolate cake shakes. As of March 10, 2022, it operated in 70 locations across nine states. The company also offers its products through its website. Portillo's Inc. was founded in 1963 and is based in Oak Brook, Illinois.

Open

11.71

Mkt cap

735M

Volume

1.2M

High

11.91

P/E Ratio

27.95

52-wk high

16.17

Low

11.47

Div yield

N/A

52-wk low

8.38

Portillo's stock has surged due to positive Q4 FY 2024 same-store sales growth and successful strategies like 'Units of the Future 2.0' and 'Portillo's Perks' loyalty program. These initiatives are expected to drive future growth and expansion.

Portfolio Pulse from

January 20, 2025 | 5:00 am

Portillo's (PTLO) is highlighted as an overlooked stock, suggesting potential investment opportunities.

Portfolio Pulse from

January 14, 2025 | 10:00 pm

Portillo's stock surged by up to 18.9% on Tuesday morning, indicating a significant positive market reaction.

Portfolio Pulse from

January 14, 2025 | 7:00 pm

Portillo's has added Chipotle veteran Jack Hartung to its board of directors, which has positively impacted its stock. Hartung's experience is expected to help Portillo's optimize operations and expansion.

Portfolio Pulse from

January 13, 2025 | 4:45 pm

Portillo's Inc. (PTLO) experienced a 7.9% increase in its stock price with higher than average trading volume. However, the current trend in earnings estimate revisions suggests that this may not lead to further price increases in the near term.

Portfolio Pulse from

January 13, 2025 | 3:30 pm

Portillo's has appointed Jack Hartung, President and Chief Strategy Officer at Chipotle, to its Board of Directors. This move brings an industry veteran with significant experience in the fast-casual restaurant sector to Portillo's leadership team.

Portfolio Pulse from

January 10, 2025 | 1:15 pm

Portillo's (PTLO) is recommended for retention in portfolios due to its technology-driven initiatives, expansion strategy, and focus on brand value, which position it for growth. However, elevated costs remain a concern.

Portfolio Pulse from

January 02, 2025 | 2:00 pm

Portillo's, a fast-casual restaurant chain, is expanding rapidly despite declining comparable sales. The company aims to grow from 90 to 920 locations, focusing on the Sunbelt region. The stock has dropped 40.3% YTD, presenting a potential buying opportunity under $10, with an upside to $12.

Portfolio Pulse from

December 16, 2024 | 8:30 am

The options market is indicating potential significant movements in Portillo's (PTLO) stock, suggesting investors should monitor it closely.

Portfolio Pulse from

December 06, 2024 | 3:15 pm

Portillo's has appointed Tony Darden as Chief Operating Officer to support its national growth. Darden brings over 30 years of experience in the restaurant industry.

Portfolio Pulse from

December 02, 2024 | 9:30 pm

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