Portillos Inc (PTLO) Options

PTLO appoints Chipotle President to board

https://www.stocktitan.net/news/PTLO/portillo-s-adds-industry-veteran-jack-hartung-to-board-of-z4npp0fx662m.html

PTLO hires new COO, formerly of Jack In The Box....

https://www.stocktitan.net/news/PTLO/portillo-s-appoints-tony-darden-as-chief-operating-m244i73956ib.html

PTLO quarterly is out

https://www.stocktitan.net/news/PTLO/portillo-s-inc-announces-third-quarter-2024-financial-g7qfwo3kqekf.html

Hot dog!

you too. enjoy a real italian beef sandwich for the holiday. maxwell street polish for me.

Thank you. Have a nice labor day weekend.

hi wineguy didn't know you were here too!
how the he'll are you? when you coming back to nola?

great post Turbo

Very interesting

https://www.google.com/amp/s/www.cnbc.com/amp/2024/08/15/portillos-polo-engaged-capital-activist.html

Wish I would have. Dont know why I didn't

I hope you grabbed 8s and 9s. I didn't lol.

Interesting breakout in last 2 weeks

PTLO quarterly out

https://finance.yahoo.com/news/portillo-inc-announces-second-quarter-120000500.html

Agreed, but outlook not exciting, plus spoke again of share dilution. Stock drops

Quarterly looked decent

New issuance shows stock at $14.50 per share

Great annual report!!

Just heard great but dignal last night on Cramers lightning round. He said he wouldn't but at current PE ratio.
I'm buying more now, guaranteed to go higher now.

Good luck to you also.

Agreed. Good luck

Great entry point

This thing is getting back into the buy zone IMO.

BINGO

$$$PTLO$$$ Best italian beef. $$$

Why is this forum so slow. Is Portillos under the radar still?

Loading bigly here

PTLO on the move !

Italian Beer with extra giardiera double dipped

Time for some double dogs Chicago style

Trust me, if my freezer wasn't stocked I'd have talked myself into it by now too. I go like once a month and this month my birthday falls on the 30th so I'm going to wait and go score my free piece of chocolate cake with my beef sandwich. I've been doing it for over ten years now. LOL before the online crap came along and cluttered it up.


https://www.portillos.com/freecake/

Seriously. You are making me hungry.

No problem. The website doesn't really do them justice. The newer restaurants are massive and all decked out on the inside with memorabilia and neon. They staff probably 20 people inside most of the time but the kitchens are so large that everyone has room to move and do their job.

When I go next time I'll remind myself to snap some pictures inside for you. There's one a couple miles from my house that I drive by sometimes depending on where I'm working that day. I'll get you some drive thru shots too.

The only out of state location I've been to was in Wisconsin and it was the same routine there except, they had bratwurst and cheese curds on the menu along with all the other Chicago style goodies. It wasn't as busy as the ones around here but was still humming better than the McDonalds. That was also a couple years ago and the store was only a few months in so, who knows by now.

Interesting. Thanks!

Since I have never seen one in person, I really appreciate the input!

It's how it has always been. They started as a carry out place so they probably just kept the tradition.

Most of the smaller hot dog/beef places around here do the same thing, though nearly not on the scale that Portillos does it on.

Is that the new norm because of Covid or is that how it's always been?

yes. Even when you dine in the restaurant they wrap the sandwiches, serve the food in to go containers and bagged up just like it would be at the drive-thru. You could carry it right out the door if you changed your mind and decided not to sit.

And you can get all of that thru a drive thru?

Yes, it's crazy. They are never not busy and it's not just junk food. I know people who go for their chopped salad and pasta dishes as well. The ribs aren't bad either.

That sounds like the 'In-N-Out burger' around here.

Always a big line. Then you pull up to the drive thru and see employee on top of employee in masks... and you know what?

Who cares? ;)

We just want good junk food.

I didn't realize Portillos is so desired!

I really wish they had one in Colorado.

If this is dropping on pandemic fears then it's a really good buy here. The drive-thrus and carry outs are where the action is at. I've seen them 50 cars deep at non-peak times but they take your order while you're in line and it's ready by the time you get to the window so the wait time would be normal for a freshly prepared meal, or maybe a little longer if you are the last in line, but people don't seem to care..

The dine-in is nice but it's not a big loss if they have to shut that down. The people will just be in the line of cars or order ahead and pick it up curbside like I did during the first outbreak. Their alcohol sales are marginal so no loss there.

I just keep buying and buying shares here in my ROTH. I live in Chicago and I don't see how with more locations in the future this stays in the 30s. I'd like to see where this is in 5 or 10 years. Long play

One last shout out to Jim's original and Manny's stay tough my friends.

I could give it all up to the steak houses that harbor downtown but my fucking grill does just as good of a job. Was kind of bummed when Lawry's closed but I can do the same thing in my backyard.

PTLO will be just fine. I just want to get some real beef into some peoples mouths. They will not be disappointed

We got football sized burritos too, but I enjoy some enchiladas with a salad on the side.

Once again, not going public but the food literally kicks ass. Don't be ashamed we're all gonna get fat at some point. I just run too much to give a shit.

the food is so good though. Please buy PTLO and eat your ass off when you go there! It will help all of us!

I go to the polish deli for pork and dumplings. It's fucking delicious and I'm pretty sure they aren't going public anytime soon.

I',m happy with my position here.

Well, I live around this city so it's not a prayer from me. There are other beef sandwiches that I throw into the bath water, but like I said, I grew up here so I'm a little judgmental.

I'm still kind of pissed that my local beef stand got canceled but I still enjoy Portillo's and I'm hoping that others enjoy it too.

I wouldn't have kicked in a bunch of dough if I thought it wouldn't make a Chicago style pizza. We're all here just sharing.

I'm glad you love portillos but there are smaller places that do better. I'm just a homer so I don't care.

4th on the list?

Whaaatttt?

That doesn't make Portillos sound good. How many are on your list? 30?

Portillos is FIRST on my list.

(But it's a list of one. ;)

I don't tend to do beef sandwiches, so I have nothing to compare it to.

LOL shit I grew up with Portillos I had another place close to here named dukes but panera took it over.

My mom's fudge is getting the props today. I'm not sure where you get your beef sandwiches from but I have a treasure trove from the best of them.

I have the best and there's no hitch. Porty comes in at number four but I still bought their stock. They do really have good hot dogs, but I can't stand those fucking things so I bump them down the list.

HAHAHAHA!

I had an order in and it got filled much like my beef sandwich and chocolate cake

You better join this then

https://www.portillos.com/freecake/

(Honestly - I'm having more fun on their website right now! LOL)

I wish they were a franchise. I'm in a giving mood and my son and Law probably would have enjoyed that gift! ;)

Family owned though.

I do like the look of their beef bus.

Now that's a concept. It even has its own instagram

https://www.instagram.com/beefbusofficial/

That's what they should franchise!!!!!

In Denver? People downtown would be all over that!