Portillo's Inc., through with its subsidiaries, engages in the ownership and operation of fast casual and quick service restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, chopped salads, burgers, crinkle-cut French fries, homemade chocolate cake, and milkshakes. As of June 27, 2021, it owned and operated 67 restaurants in Illinois, Arizona, Indiana, Florida, Iowa, Minnesota, Wisconsin, Michigan, and California. The company was founded in 1963 and is based in Oak Brook, Illinois.
IPO Year: 2021
Exchange: NASDAQ
Website: portillos.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/7/2025 | $12.00 | Outperform → Neutral | Robert W. Baird |
| 1/27/2025 | $13.00 → $16.00 | Hold → Buy | Stifel |
| 11/6/2024 | $13.00 | Buy → Hold | Stifel |
| 10/7/2024 | $13.00 | Overweight → Equal-Weight | Stephens |
| 4/12/2024 | $20.00 | Overweight | Stephens |
| 11/10/2023 | $20.00 | Overweight | Stephens |
| 10/11/2023 | $26.00 → $19.00 | Overweight → Equal-Weight | Morgan Stanley |
| 7/17/2023 | $27.00 → $28.00 | Overweight | Morgan Stanley |
| 6/14/2023 | $24.00 | Overweight | Piper Sandler |
| 5/5/2023 | $22.00 → $25.00 | Neutral → Buy | Guggenheim |
Robert W. Baird downgraded Portillo's from Outperform to Neutral and set a new price target of $12.00
Stifel upgraded Portillo's from Hold to Buy and set a new price target of $16.00 from $13.00 previously
Stifel downgraded Portillo's from Buy to Hold and set a new price target of $13.00
Stephens downgraded Portillo's from Overweight to Equal-Weight and set a new price target of $13.00
Stephens resumed coverage of Portillo's with a rating of Overweight and set a new price target of $20.00
Stephens initiated coverage of Portillo's with a rating of Overweight and set a new price target of $20.00
Morgan Stanley downgraded Portillo's from Overweight to Equal-Weight and set a new price target of $19.00 from $26.00 previously
Morgan Stanley reiterated coverage of Portillo's with a rating of Overweight and set a new price target of $28.00 from $27.00 previously
Piper Sandler resumed coverage of Portillo's with a rating of Overweight and set a new price target of $24.00
Guggenheim upgraded Portillo's from Neutral to Buy and set a new price target of $25.00 from $22.00 previously
CHICAGO, June 16, 2025 (GLOBE NEWSWIRE) -- Portillo's (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the appointment of Eugene I. Lee, Jr., a respected veteran of the restaurant industry and award-winning foodservice leader, to Portillo's Board of Directors, effective immediately. "Gene has dedicated his career to the restaurant industry," said Mike Miles, Chairman of the Board of Portillo's. "His rise from bussing tables to running the world's premier casual-dining company gives him an understanding of all facets of the business, from how to run a great shift to how to best position brands for growth in new markets. He has
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: On Tuesday, June 3, 2025, CFO Michelle Hook will present at William Blair's 45th Annual Growth Stock Conference at 12:20 p.m. Eastern Time. A copy of the presentation used will be made available at investors.portillos.com. The Company will also host in-person investor meetings during the conference.On Wednesday, June 4, 2025, CFO Michelle Hook will host a fireside chat at Baird's 2025 Globa
CHICAGO, May 06, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's" or the "Company") (NASDAQ:PTLO), the restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the first quarter ended March 30, 2025. Financial Highlights for the First Quarter 2025 vs. First Quarter 2024: Total revenue increased 6.4% or $10.6 million to $176.4 million;Same-restaurant sales increased 1.8%;Operating income increased $0.3 million to $10.4 million;Net income decreased $1.4 million to $4.0 million;Restaurant-Level Adjusted EBITDA(1) increased $0.3 million to $36.7 million; andAdjusted EBITDA(1) decreased $0.6 millio
CHICAGO, May 01, 2025 (GLOBE NEWSWIRE) -- This May, Portillo's – the famed and fast-growing purveyor of unrivaled Chicago-style street food – is celebrating its most iconic sandwich, the Italian Beef, in a big way. In honor of Italian Beef Day (May 24), Portillo's will give the holiday the star treatment with a month-long celebration featuring exclusive offers, citywide stunts, and much more – giving fans nationwide a meaty myriad of ways to savor its beloved Italian Beef sandwich. "Italian Beef Day has always been special, but this year, we're taking it to the next level for the month of May," said Vallory McCormack, Director of Marketing at Portillo's. "We've got a BOGO deal on our sign
CHICAGO, April 28, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's" or the "Company") (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that it has entered into a cooperation agreement with Engaged Capital, LLC ("Engaged Capital"). As part of the cooperation agreement, Portillo's and Engaged Capital will cooperate to identify a new director with recent and relevant restaurant operating experience to be appointed to the Portillo's Board of Directors. "We are pleased to have reached this agreement with Engaged Capital," said Michael A. Miles, Jr., Portillo's Chair of the Board. "The Board is committed to overseeing decisiv
OAK BROOK, Ill., April 08, 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 first quarter 2025 financial results on Tuesday, May 6, 2025, before the market opens. A live audio webcast is scheduled for 10:00 AM ET that same day. Michael Osanloo, President and Chief Executive Officer, and Michelle Hook, Chief Financial Officer, will host the webcast. The webcast will be available on the Company's investor relations website at investors.portillos.com and a replay will be available on the site shortly after the conclusion of the event. Investors may als
CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's" or the "Company") (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today confirmed that its Board of Directors has received a letter from an affiliate of Engaged Capital, LLC ("Engaged Capital") stating that it intends to nominate two director candidates to stand for election to the Company's Board of Directors at Portillo's 2025 Annual Meeting of Shareholders. Portillo's issued the following statement: The Portillo's Board of Directors and management team are focused on driving value for all shareholders and best positioning Portillo's to deliver lasting growth and pr
Nominates Charlie Morrison, Who Delivered Total Shareholder Returns of ~760% During His Tenure as CEO of Wingstop, and Nicole Portwood, an Experienced Marketing Executive and Former CMO of Tito's Handmade Vodka, to Company's Board Nominees Possess Necessary Restaurant Operations and Marketing Experience to Drive Greater Urgency on Enhancing Company Performance Engaged Capital, LLC (together with certain of its affiliates, "Engaged" or "we"), which beneficially owns approximately 8.6% of the outstanding Class A common stock of Portillo's Inc. (NASDAQ:PTLO) ("Portillo's" or the "Company"), today announced that it has nominated two highly qualified, independent candidates for election to t
CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- Portillo's, the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the launch of Portillo's Perks, an app-less loyalty program that rewards guests for their love of Portillo's. Portillo's Perks reimagines the traditional loyalty program by offering a fully digital experience that adapts to guest behaviors. Unlike standard point-based apps, Portillo's Perks lives in guests' digital wallets and delivers personalized rewards based on visit frequency and ordering habits. Guests simply check in with their digital Perks card during visits to collect engaging badges and earn targeted rewards—from a welcome off
CHICAGO, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's" or the "Company") (NASDAQ:PTLO), the restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the fourth quarter and fiscal year ended December 29, 2024. "We ended the year with solid momentum, supported by key initiatives that will drive our long-term growth," said Michael Osanloo, President and Chief Executive Officer of Portillo's. "As we head into 2025, we're focused on accelerating traffic, enhancing operational excellence, and expanding our geographic footprint to deliver value to our team members, guests and shareholders." Finan
3 - Portillo's Inc. (0001871509) (Issuer)
4 - Portillo's Inc. (0001871509) (Issuer)
4 - Portillo's Inc. (0001871509) (Issuer)
4 - Portillo's Inc. (0001871509) (Issuer)
4 - Portillo's Inc. (0001871509) (Issuer)
4 - Portillo's Inc. (0001871509) (Issuer)
4 - Portillo's Inc. (0001871509) (Issuer)
4 - Portillo's Inc. (0001871509) (Issuer)
4 - Portillo's Inc. (0001871509) (Issuer)
4 - Portillo's Inc. (0001871509) (Issuer)