Reports Q3 revenue $178.252M, consensus $182.18M. Michael Osanloo, President and Chief Executive Officer of Portillo’s (PTLO), said, “While our top line results for the quarter fell short of expectations, I’m proud of how our team protected margins and drove cash flow. We’re profitable, we’re controlling the levers we can, and we’re positioned for lasting, long-term growth.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight in your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PTLO:
- PTLO Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Portillo’s partners with Milk Bar for Chocolate Cake Cookie
- Portillo’s Reports Sustained Revenue Growth and Expansion
- Portillo’s downgraded to Equal Weight from Overweight at Stephens
- Portillo’s Leadership to Present at Growth Frontiers Conference
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue