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Down 73% Since IPO, Is This Restaurant Stock a Buy Now?

Now is the time to get into this restaurant growth stock.

By Travis Hoium – May 15, 2024 at 8:00AM EST

Portillo's (PTLO 0.18%) is a restaurant with a cultlike following and incredible unit economics, but the stock hasn't been a winner for investors. The recent first-quarter 2024 earnings report even showed weakness on a same-store basis.

In this video, Travis Hoium goes over the numbers and shows why this is still a great restaurant stock to own today.

*Stock prices used were end-of-day prices of April 11, 2024. The video was published on May 13, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Portillo's. The Motley Fool has positions in and recommends Chipotle Mexican Grill. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Portillo's Stock Quote
Portillo's
NASDAQ: PTLO
$5.55
(-0.18%)-$0.01
Chipotle Mexican Grill Stock Quote
Chipotle Mexican Grill
NYSE: CMG
$35.25
(+0.95%)+$0.33

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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