NasdaqGS:PTLOHospitality
A Fresh Look at Portillo's (PTLO) Valuation After Cut in Outlook and Guidance
If you are watching Portillo's (PTLO) lately, you are not alone. The company has been in the spotlight after reporting second-quarter results that failed to meet expectations and trimming both its quarterly and full-year outlook. Management pointed to softer overall performance and weaker-than-expected sales from new store locations, developments that are front and center for investors deciding whether to buy, hold, or move on from the stock now.
These numbers put fresh pressure on Portillo's...