Portillos Inc (PTLO) Reports Strong Revenue and Earnings Growth in Q4 and Fiscal Year 2023 [Yahoo! Finance]
Portillo's Inc. (PTLO)
Company Research
Source: Yahoo! Finance
Net Income : Q4 net income rose to $9.6 million, a $7.0 million increase, while fiscal year net income grew by $7.7 million to $24.8 million. Same-Restaurant Sales : Q4 saw a 4.4% increase, contributing to a 5.7% rise for the fiscal year. Adjusted EBITDA : Q4 Adjusted EBITDA grew by 44.5% to $26.1 million, with fiscal year Adjusted EBITDA up 20.4% to $102.3 million. New Restaurant Openings : 12 new restaurants launched in 2023, expanding the total count to 84. Operational Efficiency : Despite commodity inflation, Portillos Inc managed to stabilize costs and improve labor expense ratios. Warning! GuruFocus has detected 4 Warning Signs with PTLO. On February 27, 2024, Portillos Inc ( NASDAQ:PTLO ) released its 8-K filing , announcing financial results for the fourth quarter and fiscal year ended December 31, 2023. The company, known for its Chicago-style street food served through high-energy, multichannel restaurants, demonstrated robust financial performance with signific
Show less
Read more
Impact Snapshot
Event Time:
PTLO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PTLO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PTLO alerts
High impacting Portillo's Inc. news events
Weekly update
A roundup of the hottest topics
PTLO
News
- Portillo's Inc. (NASDAQ: PTLO) had its price target lowered by analysts at Morgan Stanley from $17.00 to $16.00. They now have an "equal weight" rating on the stock.MarketBeat
- Portillo’s Inc. to Announce First Quarter 2024 Results on Tuesday, May 7, 2024GlobeNewswire
- 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
- Party With Portillo’s This Prom SeasonGlobeNewswire
- Portillo’s ‘Mixes It Up’ With Two New Salads Chock Full of Windy City StyleGlobeNewswire
PTLO
Earnings
- 2/27/24 - Beat
PTLO
Sec Filings
- 4/24/24 - Form 3
- 4/23/24 - Form ARS
- 4/23/24 - Form DEF
- PTLO's page on the SEC website