Portillo's (PTLO) is a restaurant that serves Chicago-style food. It expects to open 8-9 locations by the end of the year. It operates 76 restaurants in 9 states. PTLO's President and CEO Michael Osanloo gives an overview of the company and discusses the expansion. PTLO is up 13% year-to-date and same-restaurant sales are up 5.9%. He then goes over how inflation is impacting fast casual restaurants. Tune in to find out more about the stock market today.
Market On Close
24 Aug 2023
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