PTLO Stock Recent News

Portillo's Inc. (PTLO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

PTLO is set to gain from the launch of its app-less loyalty program, aiming to reach 1.5-1.7 million membership signups by midsummer 2025.

With a free sign-up reward and tailored offers based on guest habits, Portillo's Perks gets more personalized with every visit With a free sign-up reward and tailored offers based on guest habits, Portillo's Perks gets more personalized with every visit

Portillo's (PTLO -0.07%) has moved back into growth on same-store sales, and that's helping the stock push higher. But is it time to buy this popular restaurant chain?

Portillo's remains a strong buy for 2025, driven by strategic expansion in Texas and Georgia with innovative 'Units of the Future' boosting operational efficiency. Despite a slight dip in Q4 sales due to a shorter quarter, Portillo's showed 6.1% year-over-year growth, driven by new store openings and price increases. The introduction of a loyalty program and AI-driven drive-thru cameras are expected to enhance customer experience and operational efficiency, supporting future growth.

Here is how Portillo's Inc. (PTLO) and Tapestry (TPR) have performed compared to their sector so far this year.

Portillo's Inc. (NASDAQ:PTLO ) Q4 2024 Earnings Conference Call February 25, 2025 10:00 AM ET Company Participants Kyle Nelsen - VP, IR Michael Osanloo - President and CEO Michelle Hook - CFO Conference Call Participants Sharon Zackfia - William Blair David Tarantino - Baird Andy Barish - Jefferies Brian Harbour - Morgan Stanley Brian Mullan - Piper Sandler Jim Salera - Stephens Inc. Chris O'Cull - Stifel Gregory Francfort - Guggenheim Partners Ray Pikion - Morgan Stanley Operator Hello and thank you for standing by. Welcome to the Fiscal Fourth Quarter 2024 Conference Call and Webcast.

Shares of Portillo's (PTLO 6.37%) charged out of the gate Tuesday morning, jumping as much as 12.7%. As of 11:32 a.m.

Portillo's Inc. (PTLO) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.13 per share a year ago.

Portillo's Inc. (PTLO) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PTLO's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.