Portillos Inc - Ordinary Shares - Class A

NASDAQ:PTLO   1:28:03 PM EDT
18.80
+0.61 (+3.35%)
Earnings Announcements

Portillo’S Inc. Announces First Quarter 2022 Financial Results

Published: 05/05/2022 12:26 GMT
Portillos Inc - Ordinary Shares - Class A (PTLO) - Portillo’s Inc. Announces First Quarter 2022 Financial Results.
Q1 Revenue Rose 14.6 Percent to $134.5 Million.
Qtrly Same Restaurant Sales Increased 8.2%.
Qtrly Income per Common Share $0.00.
Portillos -while Expect Commodity Pressures to Continue in 2022, Do Not Believe They Will Have Material Impact to Long-term Growth and Profitability.
Q1 Earnings per Share View $-0.03, Revenue View $135.5 Million -- Refinitiv Ibes Data (analyst estimates).
Says During Q1 of 2022, Increased Certain Menu Prices by About 1.5%,; Expect Additional Menu Price Increases During Q2 of 2022.
Revenue is expected to be $151.9 Million
Adjusted EPS is expected to be $0.07

Next Quarter Revenue Guidance is expected to be $151.06 Million
Next Quarter EPS Guidance is expected to be $0.03

More details on our Analysts Page.