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Portillos Inc - PTLO STOCK NEWS

Welcome to our dedicated news page for Portillos (Ticker: PTLO), a resource for investors and traders seeking the latest updates and insights on Portillos.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Portillos's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Portillos's position in the market.

News
Portillo’s Inc. to Announce First Quarter 2024 Results on Tuesday, May 7, 2024
Rhea-AI Summary
Portillo’s Inc. (PTLO) will report its first quarter 2024 financial results on May 7, 2024. The live webcast with CEO and CFO will provide insights into the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
Tags
earnings
-
News
Party With Portillo’s This Prom Season
Rhea-AI Summary
Portillo’s introduces special prom-themed offerings including a meal-for-two, promposal sweepstakes, and post-dance catering options. The -time Promtillo’s specials include a pre-prom dinner deal, after-party catering package, Cheese Sauce Fountain, and the option to book the Beef Bus for prom night. High schoolers can participate in the promposal sweepstakes for a chance to win a catered after party and Portillo’s merch. Portillo’s aims to make prom night unforgettable with their iconic Chicago-style street food and unique experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
Tags
none
-
News
Portillo’s ‘Mixes It Up’ With Two New Salads Chock Full of Windy City Style
Rhea-AI Summary
Portillo’s introduces two new made-to-order salads, the Spicy Chicken Chopped Salad and Chicken Pecan Salad with Bacon, to its menu lineup. These fresh salad options aim to enhance the dining experience for guests while maintaining the brand's Chicago-style street food charm.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
none
News
Portillo’s Inc. to Participate in Two Investor Conferences in March
Rhea-AI Summary
Portillo’s Inc. (PTLO) CEO and CFO to present at investor conferences. The Company will participate in BofA Securities 2024 Consumer & Retail Conference and UBS Global Consumer & Retail Conference. Interested parties can access live webcasts on the company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
Tags
conferences
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News
Portillo’s Inc. Announces Pricing of Offering of Class A Common Stock in “Synthetic Secondary” Transaction
Rhea-AI Summary
Portillo’s Inc. announced the pricing of its underwritten public offering of 8,000,000 shares of Class A common stock, expecting gross proceeds of approximately $116 million. The offering is non-dilutive and aims to repurchase existing shares, with BofA Securities as the sole underwriter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.47%
Tags
none
-
News
Portillo’s Inc. Announces Offering of Class A Common Stock in “Synthetic Secondary” Transaction
Rhea-AI Summary
Portillo’s Inc. (PTLO) announced an underwritten public offering of 8,000,000 shares of Class A common stock, with an option for an additional 1,200,000 shares. The offering aims to be non-dilutive, with proceeds used for strategic transactions. BofA Securities is the sole underwriter. After the offering, approximately 61,554,064 shares of Class A common stock will be outstanding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.47%
Tags
none
News
Portillo’s Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results
Rhea-AI Summary
Portillo’s Inc. reported strong financial results for Q4 and fiscal year 2023, with revenue and adjusted EBITDA growth. They opened new restaurants, saw positive traffic, and achieved high guest satisfaction. The company's focus on operational excellence drove results, with improvements in same-restaurant sales, operating income, net income, and EBITDA. Commodity inflation stabilized, and labor expenses declined in 2023. Portillo’s plans to strategically offset expense increases through menu price adjustments and operational efficiencies in fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.64%
Tags
earnings
-
News
Portillo’s Inc. to Announce Fourth Quarter and Full Year 2023 Results on Tuesday, February 27, 2024
Rhea-AI Summary
Portillo’s Inc. will report its fourth quarter and full year 2023 financial results on February 27, 2024. The live audio webcast will be hosted by President and CEO, Michael Osanloo, and CFO Michelle Hook. The webcast will be available on the company’s investor relations website and a replay will be accessible after the event. Investors can also listen via telephone. This announcement provides investors with an opportunity to gain insights into Portillo’s financial performance and future prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
Tags
earnings
-
News
Portillo’s Inc. to Participate in the 2024 ICR Conference
Rhea-AI Summary
Portillo’s Inc. (Nasdaq: PTLO) announced that CEO Michael Osanloo and CFO Michelle Hook will appear at the 2024 ICR Conference in Orlando, Florida. The Company will host institutional investor and media meetings between January 8-10, 2024 and is also scheduled for a fireside chat on Tuesday, January 9, 2024 at 10:00 a.m. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
Tags
conferences
News
Portillo's Named to QSR Magazine's "Best Brands to Work For" List
Rhea-AI Summary
Portillo's (NASDAQ: PTLO) named Best Brand to Work For in 2023 by QSR Magazine for the second consecutive year, highlighting exceptional workplace experience and culture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
Tags
none
Stock PTLO logo
Portillos Inc

Nasdaq:PTLO

PTLO Rankings

#2653 Ranked by Market Cap
#3891 Ranked by Stock Gains
N/A Ranked by Dividends

PTLO Stock Data

795.28M
50.42M
5.92%
73.64%
6.57%
Limited-Service Restaurants
Accommodation and Food Services
Link
US
Oak Brook

About PTLO

hot dog! since 1963, portillo’s has been serving fresh, homemade food in nostalgic themed restaurants. get your buns ready for some delicious food! will it be our classic chicago-style hot dog or our legendary italian beef sandwich with home-cooked sweet peppers? perhaps you’re in the mood for one of our char-grilled burgers or a chopped salad. no matter what you order, finish your meal with a slice of our fresh-baked chocolate cake or a chocolate cake shake. there’s something for everyone at portillo’s! in 1963, dick portillo and his wife sharon invested their life savings of $1,100 into a hot dog stand called “the dog house” in villa park, il. the dog house didn’t have running water or a bathroom. dick had to run garden hoses from a local business to get the water he needed. the menu was simple – hot dogs, tamales, fries and a coke, all for under 35 cents. through dick’s hard work and determination, the dog house evolved into portillo’s and has become what it is today. come and enjoy