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Portillo's Priced, Nasdaq: PTLO

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

Industry: Consumer Discretionary

Latest Trade: $13.65 0.00 (0.0%)

First Day Return: +45.5%

Return from IPO: -31.8%

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.
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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
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Company Data
Headquarters Oak Brook, IL, United States
Founded 1963
Employees at IPO 4,600
Website www.portillos.com

Portillo's (PTLO) Performance