Portillos (PTLO)

Company Profile

Portillo's Inc., through with its subsidiaries, engages in the ownership and operation of fast casual and quick service restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, chopped salads, burgers, crinkle-cut French fries, homemade chocolate cake, and milkshakes. As of June 27, 2021, it owned and operated 67 restaurants in Illinois, Arizona, Indiana, Florida, Iowa, Minnesota, Wisconsin, Michigan, and California. The company was founded in 1963 and is based in Oak Brook, Illinois.

Company profile

Ticker

PTLO

Exchange

NASDAQ

Website

www.portillos.com

CEO

Michael Osanloo

Incorporated

Delaware

Location

Illinois

Fiscal year end

Dec 25

Sector

Accommodation and Food Services > Limited-Service Restaurants

Industry (SIC)

Retail - Eating Places

McDonald`s • Aramark • Yum Brands • Darden Restaurants • Restaurant Brands International • Restaurant Brands International Limited Partnership • Yum China • Bloomin Brands • Dine Brands Global • Arcos Dorados ...

SEC CIK

0001871509

Corporate docs

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

PHD Group Holdings LLC • PHD Intermediate LLC • Portillo’s Holdings, LLC • Portillo’s Hot Dogs, LLC • PHD Card Services, LLC ...

IRS number

871104304

PTLO stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Regulation FD Disclosure

9 Jan 23

8-K

Entry into a Material Definitive Agreement

17 Nov 22

424B5

Prospectus supplement for primary offering

16 Nov 22

FWP

Free writing prospectus

14 Nov 22

S-3ASR

Automatic shelf registration

14 Nov 22

8-K

Regulation FD Disclosure

3 Nov 22

Portillo’s Inc. Announces Third Quarter 2022 Financial Results

3 Nov 22

424B4

Prospectus supplement with pricing info

15 Aug 22

EFFECT

Notice of effectiveness

12 Aug 22

Transcripts

PTLO

Earnings call transcript

2022 Q2

7 Aug 22

PTLO

Earnings call transcript

2022 Q1

7 May 22

PTLO

Earnings call transcript

2021 Q4

10 Mar 22

PTLO

Earnings call transcript

2021 Q3

19 Nov 21

Latest ownership filings

View all

Nicholas Anthony Scarpino

George Richard Cook III

Financial summary

Financial statements Chart PTLO financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	46.72 mm	46.72 mm	46.72 mm	46.72 mm	46.72 mm	46.72 mm
Cash burn (monthly)	1.00 mm	236.25 k	(no burn)	209.33 k	(no burn)	634.08 k
Cash used (since last report)	4.39 mm	1.03 mm	n/a	915.95 k	n/a	2.77 mm
Cash remaining	42.33 mm	45.69 mm	n/a	45.81 mm	n/a	43.95 mm
Runway (months of cash)	42.2	193.4	n/a	218.8	n/a	69.3

Beta Read what these cash burn values mean

Financial data from Portillos earnings reports.

Institutional ownership, Q3 2022

PTLO institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	148	129	+14.7%
Opened positions	39	28	+39.3%
Closed positions	20	24	-16.7%
Increased positions	53	31	+71.0%
Reduced positions	22	36	-38.9%

13F shares	Current	Prev Q	Change
Total value	600.00 mm	432.32 mm	+38.8%
Total shares	76.03 mm	71.97 mm	+5.6%
Total puts	508.80 k	199.80 k	+154.7%
Total calls	444.30 k	290.40 k	+53.0%
Total put/call ratio	1.1	0.7	+66.4%

Largest owners	Shares	Value	Change
Berkshire Partners	45.55 mm	$0.00	0.0%
Berkshire Partners	10.25 mm	$201.73 mm	-17.0%
Orbis Allan Gray	3.04 mm	$59.83 mm	NEW
Vanguard	2.58 mm	$50.87 mm	+41.1%
JHG Janus Henderson	1.63 mm	$32.10 mm	+48.0%
BLK Blackrock	1.52 mm	$29.85 mm	+21.6%
PFG Principal Financial Group Inc - Registered Shares	1.28 mm	$25.16 mm	+24.6%
Select Equity	1.27 mm	$24.95 mm	-28.5%
BEN Franklin Resources	905.08 k	$17.82 mm	-15.1%
Emerald Advisers	741.12 k	$14.59 mm	+60.8%

Largest transactions	Shares	Bought/sold	Change
Orbis Allan Gray	3.04 mm	+3.04 mm	NEW
Berkshire Partners	10.25 mm	-2.10 mm	-17.0%
Vanguard	2.58 mm	+752.28 k	+41.1%
Millennium Management	19.56 k	-597.02 k	-96.8%
JHG Janus Henderson	1.63 mm	+528.67 k	+48.0%
Select Equity	1.27 mm	-504.03 k	-28.5%
Citadel Advisors	431.98 k	+415.67 k	+2548.2%
STT State Street	0.00	-389.77 k	EXIT
Emerald Advisers	741.12 k	+280.29 k	+60.8%
BLK Blackrock	1.52 mm	+269.53 k	+21.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PTLO insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
23 Dec 22	Michelle Greig Hook	Class A common stock	Payment of exercise	Dispose F	No	No	17.19	2,802	48.17 k	71,933
23 Dec 22	Michelle Greig Hook	Class A common stock	Grant	Acquire A	No	No	17.19	6,428	110.50 k	74,735
23 Dec 22	George Richard Cook III	Class A common stock	Payment of exercise	Dispose F	No	No	17.19	1,708	29.36 k	12,454
23 Dec 22	George Richard Cook III	Class A common stock	Grant	Acquire A	No	No	17.19	3,857	66.30 k	14,162
23 Dec 22	Derrick Lee Pratt	Class A common stock	Payment of exercise	Dispose F	No	No	17.19	2,906	49.95 k	60,189
23 Dec 22	Derrick Lee Pratt	Class A common stock	Grant	Acquire A	No	No	17.19	6,561	112.78 k	63,095
23 Dec 22	Michael Osanloo	Class A common stock	Payment of exercise	Dispose F	No	No	17.19	10,662	183.28 k	182,493
23 Dec 22	Michael Osanloo	Class A common stock	Grant	Acquire A	No	No	17.19	24,069	413.75 k	193,155
23 Dec 22	Michael K Ellis	Class A common stock	Payment of exercise	Dispose F	No	No	17.19	561	9.64 k	14,983
23 Dec 22	Michael K Ellis	Class A common stock	Grant	Acquire A	No	No	17.19	1,575	27.07 k	15,544