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Portillo's

Food

Portillo’s is adding a meat-free hot dog to its menu

 By Heather Lalley on May 16, 2022

Starting Tuesday, the Field Roast Signature Stadium Dog will be available at all 71 locations of the Chicago-based chain. It’s the first plant-based protein at Portillo’s in its nearly 60-year history.

Financing

More price increases are on the menu for Portillo’s

 By Heather Lalley on May 05, 2022

The 71-unit Italian beef chain is working to find more operational efficiencies as “unprecedented” inflation continues to hit its bottom line.

Financing

Portillo’s wants to be a ‘price laggard’

By Heather Lalley on Mar. 10, 2022

The fast-casual Italian beef chain, which went public in October, said it looks to take traffic while other brands are taking price. But that doesn’t mean it’s not raising prices at all.

Operations

Portillo’s dining room-less restaurant is a big hit

By Heather Lalley on Feb. 25, 2022

The fast-casual Italian beef and hot dog chain’s CEO said the newest prototype just might be “something very, very special.”

Financing

How Portillo’s is handling life as a public company

By Jonathan Maze on Feb. 23, 2022

A Deeper Dive: Michael Osanloo, CEO of the hot dog and Italian beef chain, joins the podcast to discuss labor, the chain’s drive-thru-only plans and keeping the focus on the long term.

Operations

Portillo’s gets ready to debut its first dining room-less restaurant

By Heather Lalley on Jan. 10, 2022

The first Portillo’s Pick Up location, with a triple drive-thru, is slated to open Feb. 1 in Joliet, at a time in which the newly public fast casual is looking for ways to trim its labor usage and its geographic footprint.

Operations

For Portillo’s, shrinking dining rooms are the way of the future

By Heather Lalley on Nov. 19, 2021

Known for its big, bustling on-premise seating, the newly public Italian beef brand said changing consumer demand is forcing it to consider new store designs.

Financing

Newly public Portillo’s feels the margin squeeze

By Heather Lalley on Nov. 18, 2021

The fast-casual chain’s margins dropped more than four percentage points over last year due to higher labor and commodity costs. But the company said its new restaurants are far exceeding expectations.

Financing

Portillo’s CEO: IPO day is ‘like a rollercoaster’

By Heather Lalley on Oct. 21, 2021

The 67-unit fast casual, known for its Italian Beef sandwiches, ended its first day on the market with its share price at $29.10, up 45.5% from its starting price. It raised more than $405 million from the IPO.

Financing

Portillo’s aims high with IPO at $20 per share

By Heather Lalley on Oct. 21, 2021

The 67-unit fast casual, with a menu of regional Chicago fare like hot dogs and Italian Beef sandwiches, will offer more than 20 million shares for sale starting Thursday.

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