Portillo's Inc. (PTLO) Misses Q3 EPS by 7c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Portillo’s Inc Announces Third Quarter 2021 Financial Results
November 18, 2021 8:01 AM ESTCHICAGO, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Portillos Inc. (Portillos or the Company) (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the third quarter ended September 26, 2021.
Financial Highlights for the third quarter ended September 26, 2021 vs. Prior Year period:
Total revenue increased 15.3% to $138.0 millionSame-restaurant sales increased 6.8%Operating income decreased 8.8% to $17.2 millionNet income decreased 19.4% to $6.5 millionAdjusted EBITDA* decreased 8.4% to $24.2 millionRestaurant-Level Adjusted EBITDA* decreased 1.1% to $34.2 millionCash and cash equivalents on hand were $49.4 million... More