Portillo’s Inc. restaurant chain begins trading Thursday on Nasdaq (ticker: PTLO) Portillo’s is a Chicago institution known for hot dogs, Italian beef sandwiches and more Generates staggering avg. store volume of $8.7 million, easily topping Chipotle, Shake Shack Plans to expand to at least 600 stores from current count of 67 at 10% annual rate All locations are profitable and Portillo’s has never had to close a restaurant Demonstrated Ebitda growth in 2020 in the depths of Covid thanks to… Source link
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