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Portillo’s sees mid teens long-term revenue growth
The Fly

Portillo’s sees mid teens long-term revenue growth

In a regulatory filing, Portillo’s noted that the company will be participating in two upcoming investor conferences. Chief Executive Officer, Michael Osanloo, and Chief Financial Officer, Michelle Hook, will present at the BofA Securities 2024 Consumer & Retail Conference on Tuesday, March 12 at 1:50 p.m. Eastern Time and at the UBS Global Consumer & Retail Conference on Thursday, March 14, the company noted. In slides for the planned presentations, Portillo’s pointed to a long-term growth algorithm that includes unit growth of 12%-15%, same restaurant sales growth in the low single digits, revenue growth in the mid teens and adjusted EBITDA growth in the low teens.

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