PTLO Stock Recent News

OAK BROOK, Ill., May 28, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. (Nasdaq: PTLO) (“Portillo's” or “The Company”), the fast-casual restaurant concept known for its menu of American classics with a Chicago twist, today announced that Portillo's leadership will appear at the following investor conferences:

Shares of Portillo's (PTLO -5.95%) plunged on Tuesday, with the stock falling as much as 10.2% in early trading. As of 11:34 a.m.

Every year, investors from around the world gather in Omaha for a chance to talk to legendary investor Warren Buffett at the annual meeting for Berkshire Hathaway (BRK.A 0.18%) (BRK.B 0.09%) shareholders. The 2025 gathering reportedly had 20,000 people in attendance, and many waited for hours for their chance to ask a question of the Oracle of Omaha.

Portillo's Q1 EPS met expectations, but revenue missed by $4.3 million, initially dropping the stock by 5% before a surge in buy orders flipped it up by 8%. Despite February's industry-wide slowdown, Portillo's saw same-store sales grow 1.8% year-over-year, driven by higher average checks per guest and its new loyalty program. The brand's expansion into the Sunbelt faces challenges due to lower brand awareness, but aggressive marketing and positive feedback on new breakfast offerings show promise.

Portillos Inc (NASDAQ:PTLO ) Q1 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Kyle Nelson - Vice President, Investor Relations Michael Osanloo - President and Chief Executive Officer Michelle Hook - Chief Financial Officer Conference Call Participants Sharon Zackfia - William Blair Brian Harbour - Morgan Stanley David Tarantino - Baird Jim Salera - Stephens Inc. Andy Barish - Jefferies Chris O'Cull - Stifel Brian Mullen - Piper Sandler Dennis Geiger - UBS Arian Razai - Guggenheim Securities Operator Hello, and thank you for standing by. Welcome to the Fiscal First Quarter 2025 Portillo's Conference Call and Webcast.

Portillo's Inc. (PTLO) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.08 per share a year ago.

Guests can enjoy a month-long party in honor of Italian Beef Day – including a BOGO sandwich deal, a takeover of the CTA's Blue Line and a multi-city scavenger hunt – fans of the legendary sandwich are in for a flavorful ride Guests can enjoy a month-long party in honor of Italian Beef Day – including a BOGO sandwich deal, a takeover of the CTA's Blue Line and a multi-city scavenger hunt – fans of the legendary sandwich are in for a flavorful ride

Parties will work together to identify a new director with restaurant operations experience Parties will work together to identify a new director with restaurant operations experience

Portillo's Inc. (PTLO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Portillo's, the restaurant chain known for its beefy sandwiches and topping-heavy hot dogs, is slimming down to get bigger.