HomeLifestyleFood & BeveragePortillo's (PTLO) CFO On Earnings & Food, Labor Pressures
Portillo's (PTLO) CFO On Earnings & Food, Labor Pressures

Portillo's stock ticker is PTLO. Portillo's earnings report revealed $0.00 in EPS and $134.48M in revenue. "We are a 50+ year restaurant chain that can wither economic swings. Our biggest costs are around food and labor currently. Food costs on the commodity side are more transient However, there has been a permanent shift in the labor market," says CFO Michelle Hook. Portillo's opened the first pickup location three months ago and recently expanded to St. Petersburg, FL.

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12 May 2022

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