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In an April 1 Instagram post, fan-favorite restuarant Portillo's suggested that it was getting into the breakfast business later this year. "This isn't an April's Fools joke," the post said.
Looking at Portillo's Inc.'s (NASDAQ:PTLO ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than ...
Shares of Portillo's have handily beat the markets this year with a surprising 30%+ surge. Investors cheered the company's return to positive same-store sales comps, buoyed by recent price increases.
It's been years since Portillo's has been rumored to open a location in Colorado, leaving Midwest transplants hungry and anxious for their hot dogs, Italian beefs, cheese fries and chocolate cake.
A Portillo’s spokesperson declined to comment on Colorado expansion plans, but company CEO Michael Osanloo told investors in 2023 that Colorado puts up “huge” numbers of shipping orders.