Portillo’s Inc. Announces First Quarter 2024 Financial Results
Portillo's Inc. (PTLO)
Company Research
Source: GlobeNewswire
CHICAGO, May 07, 2024 (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 31, 2024. Michael Osanloo, President and Chief Executive Officer of Portillo’s, said “It’s an exciting time at Portillo’s. We’re proud of how we exited the quarter and will continue to build top-line momentum through disciplined sales-driving initiatives and new unit development. Today we revealed Portillo’s four strategic pillars, which will guide our 2024 goals and serve as the foundation for quality growth. Running world class operations, innovating and amplifying the Portillo’s Experience, building restaurants with industry-leading returns, and taking great care of our teams are the primary drivers of value creation at Portillo’s.” Financial Highlights for the First Quarter 2024 vs. First Quarter 2023: Total revenue inc
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PTLO
News
- The Beef Is Back: Portillo’s and Lou Malnati’s Reunite for a Chi-Conic Italian Beef Deep Dish Pizza Three-Peat in Honor of National Italian Beef WeekGlobeNewswire
- Portillo's Inc. (NASDAQ: PTLO) had its price target lowered by analysts at UBS Group AG from $18.00 to $13.00. They now have a "neutral" rating on the stock.MarketBeat
- Portillo's Inc. (NASDAQ: PTLO) had its price target lowered by analysts at Robert W. Baird from $17.00 to $15.00. They now have an "outperform" rating on the stock.MarketBeat
- Portillo's Inc. (NASDAQ: PTLO) had its "overweight" rating re-affirmed by analysts at Stephens. They now have a $20.00 price target on the stock.MarketBeat
- Portillo’s Strengthens Leadership Team with first Chief Information Officer and Chief Marketing Officer AppointmentsGlobeNewswire
PTLO
Earnings
- 5/7/24 - Beat
PTLO
Sec Filings
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- 5/6/24 - Form 4
- PTLO's page on the SEC website