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PTLO · Consumer Cyclical · Restaurants · Market cap $314M

1 fund in our archive has pitched Portillo's — most recently Middle Coast Investing in December 2024.

Company profile

Portillo's Inc., along with its affiliated companies, owns and operates a network of quick-service and fast-casual restaurants throughout the United States. The company's diverse menu prominently features classic Chicago-style hot dogs and sausages, savory Italian beef sandwiches, flame-grilled burgers, crisp chopped salads, signature crinkle-cut French fries, and celebrated homemade chocolate cakes and chocolate cake shakes. By March 10, 2022, Portillo's had expanded its presence to 70 locations across nine states. Customers can also conveniently order its offerings through its official website. The company, established in 1963, maintains its corporate headquarters in Oak Brook, Illinois.

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Fund coverage · 1 thesis

  • Middle Coast Investing
    December 2024

    Portillo’s is a beloved Chicago-based restaurant chain facing growth limitations in its home market, but it shows potential for expansion, especially in the Sun Belt, with positive cash flow and impressive sales per restaurant.

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