Portillos Stock News

Everyone wants to own quantum computing stocks. Companies like IonQ (NYSE: IONQ) are up hundreds of percent in the last year, with the aforementioned stock now at a market cap of $25 billion while generating less than $100 million in revenue.

OAK BROOK, Ill., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Portillo's, Inc. (NASDAQ: PTLO) announces the following event: What: PTLO Q3 2025 Earnings Webcast     When: Tuesday, November 4 at 10 a.m.

Portillo's (PTLO 0.32%) has struggled with weak sales and expansion plans that haven't gone as planned, so the CEO was pushed out this week. In this video, Travis Hoium explains the move and why a new strategy may be afoot.

Board Chairman Michael A. Miles, Jr. Appointed as Interim CEO, Effective Immediately Eugene (Gene) I.

Portillo's (PTLO -0.16%) has had a rough year between weak consumer spending and some poorly executed restaurant launches. Management is pulling back on growth plans, which the market doesn't like but may prove to be the right move long-term.

Portillo's is shifting from aggressive Sunbelt expansion to a more cautious growth strategy amid persistent weak traffic and softening sales. PTLO's revised guidance includes lower same-store sales, fewer new openings, and a likely revenue/EBITDA miss versus prior forecasts, reflecting industry-wide challenges. Despite growth headwinds, PTLO targets positive free cash flow by FY 2026, with pote...

Management Updates Guidance and Provides Current Third Quarter SRS Performance Management Updates Guidance and Provides Current Third Quarter SRS Performance

OAK BROOK, Ill., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Portillo's, Inc. (NASDAQ: PTLO) announces the following event: What:   Portillo's Management Fireside Chat and Q&A     Michael Osanloo, President and CEO     Michelle Hook, CFO     Brian Mullan, Piper Sandler Restaurant Analyst       When:   Wednesday, September 10 at 4:30 p.m.