Portillo's Will Do Better As It Grows

Sep. 09, 2022 11:09 AM ETPortillo's Inc. (PTLO)10 Comments
Harold Goldmeier profile picture
Harold Goldmeier
2.91K Followers

Summary

  • Portillo's Inc. is a nascent public company renowned for its Chicago-style hot dogs and sandwiches as a chain with 70 locations and growing.
  • The company went public in the last throes of the pandemic but manages to grow sales, keep employees, and enhance its reputation for quality and service.
  • They plan to open 5 to 7 stores yearly, reaching 600, we see risks and rewards.

Homemade Chicago Style Hot Dog with Mustard

bhofack2/iStock via Getty Images

Portillo's Inc. (NASDAQ:PTLO) is not a year-old public company. They are a nascent public company renowned for Chicago-style hot dogs and sandwiches. They will celebrate their 60th anniversary in business next year. We are bullish for the long-term, as

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This article was written by

Harold Goldmeier profile picture
2.91K Followers
I write for retail value investors who cannot afford to lose money but sometimes like to take a risk. I speak for free to community and school groups. I was teaching business, social/political activism, and Middle East politics to international university students in Tel Aviv b4 the pandemic hit. I consult with startups and mid-level companies. I co-manage Goldmeier Investments LLC with my son Daniel. I founded the Sappanos Decorating Centers, Chicago, with more than 70 employees and real estate holdings in excess of $15m. I am a former Research and Teaching Fellow at Harvard and Assoc. Prof Tufts Medical School.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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