PTLO Stock Recent News

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.

OAK BROOK, Ill., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that it will report fourth quarter 2024 financial results on Tuesday, February 25, 2025, before the market opens.

Portillo's Inc. (PTLO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

The mean of analysts' price targets for Portillo's Inc. (PTLO) points to a 28.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Portillo's has shown resilience with a 0.3% same-store sales growth in Q4 FY 2024, beating expectations and signaling potential positive sales for FY 2025. The introduction of 'Units of the Future 2.0' promises reduced construction costs and quicker payback periods, aiding expansion into smaller markets. The new 'Portillo's Perks' loyalty program, leveraging mobile wallets, aims to boost repeat visits and personalized promotions, targeting 1.5-1.7 million users by summer.