Renaissance Capital logo

Portillo's Priced, Nasdaq: PTLO

Fast casual restaurant chain known for its Chicago-style hot dogs.

Industry: Consumer Discretionary

Latest Trade: $8.96 -0.05 (-0.6%)

First Day Return: +45.5%

Return from IPO: -55.0%

Industry: Consumer Discretionary

Portillo’s serves iconic Chicago street food through high-energy, multichannel restaurants designed to ignite the senses and create a memorable dining experience. Since our founding in 1963 in a small trailer which Dick Portillo called “The Dog House,” Portillo’s has grown to become a treasured brand with a passionate (some might say obsessed) nationwide following. Our diverse menu features all-American favorites such as Chicago-style hot dogs and sausages, Italian beef sandwiches, chopped salads, burgers, crinkle-cut french fries, homemade chocolate cake and milkshakes. We create a consumer experience like no other by combining the best attributes of fast casual and quick service concepts with an exciting energy-filled atmosphere and restaurant model capable of generating tremendous volumes. Nearly all of our restaurants were built with double lane drive-thrus and have been thoughtfully designed with a layout that accommodates a variety of access modes including dine-in, carryout / curbside, delivery and catering in order to quickly and efficiently serve our guests. As of June 27, 2021, we owned and operated 67 Portillo’s restaurants across nine states.
more less
IPO Data
IPO File Date 09/27/2021
Offer Price $20.00
Price Range $17.00 - $20.00
Offer Shares (mm) 20.3
Deal Size ($mm) $405
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/20/2021
Offer Price $20.00
Price Range $17.00 - $20.00
Offer Shares (mm) 20.3
Deal Size ($mm) $405
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Jefferies
Morgan Stanley
more
Company Data
Headquarters Oak Brook, IL, United States
Founded 1963
Employees at IPO 4,600
Website www.portillos.com

Portillo's (PTLO) Performance