PTLO / Portillo's CEO Michael Osanloo: We expect a sequential margin decline from Q3 to Q4

Portillo's CEO Michael Osanloo joins 'The Exchange' to discuss the company's earnings results, fast casual dining trends, and more. more_horizontal

Portillo's (PTLO) released its' third-quarter earnings revealing mixed results. Adjusted earnings per share of 7 cents was in line with expectations, more_horizontal

OAK BROOK, Ill., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its more_horizontal

Portillo's Inc. has underperformed its peers, sliding ~30% in the past eight months. And while its Q2 results showed decent same-restaurant sales grow more_horizontal

Portillo's Inc. (NASDAQ:PTLO ) Q2 2023 Results Conference Call August 3, 2023 10:00 AM ET Company Participants Barbara Noverini - Director, Investor R more_horizontal

Portillo's is facing higher costs and hasn't raised prices fast enough to offset those costs. New units opening in the second half of the year are sti more_horizontal

Portillo's came up short on the top and bottom lines in its Q2 report. Its average unit volumes are among the tops in the restaurant industry near $9 more_horizontal

Portillo's CEO Michael Osanloo joins 'The Exchange' to discuss their latest earnings, the state of the consumer, and more. more_horizontal