tradingkey.logo
tradingkey.logo
Search

Portillos shares dip after dour annual revenue, profit forecast

ReutersMay 6, 2025 12:55 PM
facebooktwitterlinkedin
View all comments0

Shares of fast casual restaurant chain Portillos PTLO.O down 7% at $9.68 premarket

Co now expects fiscal 2025 revenue growth between 10% and 12% vs. previous expectations of 11% to 12% growth

Sees annual adjusted core profit to rise 5% to 8% compared to the prior 6% to 8% growth forecast

Q1 revenue of $176.4 million missed estimates of $180.4 million, while adjusted core profit of $21.2 million narrowly missed expectations- data compiled by LSEG

However, co raised its annual same-restaurant sales forecast to a growth of 1% to 3% vs. the prior flat to ~2% growth expectation

PTLO is up 10.6% YTD, as of last close

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

0/500
Commenting Guidelines
Loading...

Recommended Articles

Tradingkey
KeyAI