BUZZ-Portillo's rises on upbeat annual profit forecast fueled by higher menu prices

Reuters

Feb 25, 2025

** Shares of fast casual restaurant chain Portillo's PTLO.O up 8% at $14.65 premarket

** Company forecasts annual profit largely above expectations, following a quarterly profit beat helped by higher menu prices

** Co expects annual adjusted EBITDA growth between 6% and 8%, vs Street estimate of 6.4% growth - data compiled by LSEG

** Reports Q4 adjusted EBITDA of $25.2 million, above expectations of $21 million

** Sees annual revenue growth forecast of 11% to 12% vs. estimate of 11.4%

** Also posts surprise 0.4% rise in quarterly same-restaurant sales, compared to estimate of 0.3% decline, while revenue of $184.6 million is in line with estimate

** PTLO fell 41% in 2024

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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data compiled by LSEG** Reports Q4 adjusted EBITDA of $25.2 million, above expectations of $21 million** Sees annual revenue growth forecast of 11% to 12% vs. estimate of 11.4%** Also posts surprise 0.4% rise in quarterly same-restaurant sales, compared to estimate of 0.3% decline, while revenue of $184.6 million is in line with estimate** PTLO fell 41% in 2024  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4209":"餐馆","PTLO":"Portillo’s Inc."},"translate_title":"BUZZ-Portillo因菜单价格上涨而乐观的年度利润预测而上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PTLO":0.9},"content_text":"BUZZ-Portillo's rises on upbeat annual profit forecast fueled by higher menu prices** Shares of fast casual restaurant chain Portillo's PTLO.O up 8% at $14.65 premarket** Company forecasts annual profit largely above expectations, following a quarterly profit beat helped by higher menu prices** Co expects annual adjusted EBITDA growth between 6% and 8%, vs Street estimate of 6.4% growth - 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