Latest news with #Portillo's
Miami Herald
17-06-2025
- Business
- Miami Herald
Portillo's has major news for breakfast fans this summer
It might seem odd when a burger chain begins to offer tacos, or when a taco shop suddenly serves chicken nuggets and fries, but it has worked for some. In recent years, it has become increasingly common for food chains to expand beyond their traditional offerings and venture into new markets to better compete with rivals and adapt to evolving consumer trends. Don't miss the move: Subscribe to TheStreet's free daily newsletter The burger chain Jack in the Box's most popular item is its tacos, Taco Bell's new chicken nuggets dominate the fast-food chicken market, and Subway's pizza is arguably better than that offered by many pizza chains. Taking risks can be very lucrative if executed properly, but when wanting to expand the menu into an entirely new category, the risk is higher than adding a single item. Related: Portillo's to make a crucial final decision this summer Anyone can sell a hot dog, but none compares to the Chicago-based Portillo's. For over 60 years, it has served its beloved Chicago-style hot dogs, Italian beef sandwiches, and homemade chocolate cake, which has helped it gain a loyal fan base and grow to over 94 locations across nine states. Now that the restaurant chain has dominated the hot dog market, it wants to dive into an unexpected (PTLO) launched its first-ever breakfast menu in April, featuring signature morning staples that Chicago locals love, including various breakfast sandwiches, chocolate cake donuts in collaboration with Stan's Donuts, multiple sides, and handcrafted coffee beverages. Although an exciting introduction, the restaurant chain revealed that the new breakfast menu was a pilot and would initially only be available at five restaurants in the Chicago area from 6:30 a.m. to 10:30 a.m. The selected Portillo's restaurants included Niles, Chicago -South Loop, Shorewood, Elmhurst, and Tinley Park locations, as stated on its website. Related: McDonald's brings back unexpected breakfast item after 6 years This left many breakfast enthusiasts wondering if Portillo's had any plans to expand the offering eventually. A few weeks later, the restaurant chain gave an answer that may have killed many fans' hopes. Portillo's CEO, Michael Osanloo, said during the company's latest earnings call that the feedback from its breakfast pilot has been positive. Still, this doesn't mean it will become available at all locations nationwide. However, the company reassured fans that it would continue to monitor the progress of the breakfast test throughout the summer and gather all the metrics necessary to ensure success before making any expansion decisions. Adding a breakfast menu could be a significant asset for the company, since it would extend operation hours and potentially increase sales. Although it sounds like an easy money maker, all chains would offer breakfast if it were that easy. Unfortunately, many have tried but failed in the process. Portillo's primary concern with this expansion was that if not handled properly, breakfast could hurt the bounceback in lunch preparations, affecting overall operations. More Food News: McDonald's menu adds new happy meal fans will loveHershey creates new guilt-free candy that's a dream comboPopular chicken chain brings back beloved menu item after 7 years However, the results of this pilot and workers' resiliency led Portillo's to announce that it will expand its breakfast menu to more locations. Starting June 17, five additional locations within the Chicago area will now offer the limited-time breakfast menu during the same hours. These include Summit, Skokie, Glendale Heights, Harwood Heights, and the North Side of Chicago. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
16-06-2025
- Business
- Yahoo
MarineMax, Bloomin' Brands, Portillo's, Beyond Meat, and Estée Lauder Shares Are Soaring, What You Need To Know
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes. This development triggered a significant decline in oil prices, easing inflation concerns. Also, it is possible some investors were buying the dip following the sell-off at the end of the previous week. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Boat & Marine Retailer company MarineMax (NYSE:HZO) jumped 6.9%. Is now the time to buy MarineMax? Access our full analysis report here, it's free. Sit-Down Dining company Bloomin' Brands (NASDAQ:BLMN) jumped 13.6%. Is now the time to buy Bloomin' Brands? Access our full analysis report here, it's free. Traditional Fast Food company Portillo's (NASDAQ:PTLO) jumped 5.7%. Is now the time to buy Portillo's? Access our full analysis report here, it's free. Perishable Food company Beyond Meat (NASDAQ:BYND) jumped 7%. Is now the time to buy Beyond Meat? Access our full analysis report here, it's free. Personal Care company Estée Lauder (NYSE:EL) jumped 7.9%. Is now the time to buy Estée Lauder? Access our full analysis report here, it's free. Bloomin' Brands's shares are extremely volatile and have had 42 moves greater than 5% over the last year. But moves this big are rare even for Bloomin' Brands and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 3 days ago when the stock dropped 8.6% on the news that the major indices pulled back (Nasdaq -1.3%, S&P 500 -1.1%) as Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East. This development has sent crude oil prices surging, as investors fear potential disruptions to global oil supply and a wider regional conflict. Bloomin' Brands is down 23.7% since the beginning of the year, and at $9.13 per share, it is trading 56.2% below its 52-week high of $20.85 from July 2024. Investors who bought $1,000 worth of Bloomin' Brands's shares 5 years ago would now be looking at an investment worth $756.01. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-06-2025
- Business
- Yahoo
MarineMax, Bloomin' Brands, Portillo's, Beyond Meat, and Estée Lauder Shares Are Soaring, What You Need To Know
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes. This development triggered a significant decline in oil prices, easing inflation concerns. Also, it is possible some investors were buying the dip following the sell-off at the end of the previous week. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Boat & Marine Retailer company MarineMax (NYSE:HZO) jumped 6.9%. Is now the time to buy MarineMax? Access our full analysis report here, it's free. Sit-Down Dining company Bloomin' Brands (NASDAQ:BLMN) jumped 13.6%. Is now the time to buy Bloomin' Brands? Access our full analysis report here, it's free. Traditional Fast Food company Portillo's (NASDAQ:PTLO) jumped 5.7%. Is now the time to buy Portillo's? Access our full analysis report here, it's free. Perishable Food company Beyond Meat (NASDAQ:BYND) jumped 7%. Is now the time to buy Beyond Meat? Access our full analysis report here, it's free. Personal Care company Estée Lauder (NYSE:EL) jumped 7.9%. Is now the time to buy Estée Lauder? Access our full analysis report here, it's free. Bloomin' Brands's shares are extremely volatile and have had 42 moves greater than 5% over the last year. But moves this big are rare even for Bloomin' Brands and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 3 days ago when the stock dropped 8.6% on the news that the major indices pulled back (Nasdaq -1.3%, S&P 500 -1.1%) as Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East. This development has sent crude oil prices surging, as investors fear potential disruptions to global oil supply and a wider regional conflict. Bloomin' Brands is down 23.7% since the beginning of the year, and at $9.13 per share, it is trading 56.2% below its 52-week high of $20.85 from July 2024. Investors who bought $1,000 worth of Bloomin' Brands's shares 5 years ago would now be looking at an investment worth $756.01. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Sign in to access your portfolio
USA Today
06-06-2025
- Business
- USA Today
Portillo's opening new locations in 2025, including first in Georgia
Portillo's opening new locations in 2025, including first in Georgia Show Caption Hide Caption How to take your hot dog to the next level Hot dogs don't have to be boring. Here are 5 ways to upgrade the classic American staple. ProblemSolved, Reviewed Portillo's, known for its Chicago-style hot dogs, announced its plans to expand as the year nears its halfway point. The fast-casual restaurant chain, which also serves beef and sausage sandwiches and pasta, will have opened up 12 new locations by the end of the year. Among the new restaurants, most will be in Texas and, for the first time, in Georgia. The location in Kennesaw, Georgia, will open during the latter half of 2025, Sara Wirth, the director of PR, IR and internal communications at Portillo's, told USA TODAY. Wirth said Portillo's fiscal 2025 is focused on restaurant growth outside Chicagoland, where the chain already has a presence. The chain's current focus is the Sunbelt, primarily in Texas, but there are plans to enter the Atlanta and San Antonio markets in the second half of 2025, she added. In addition to the new locations, Wirth said Portillo's plans to open its first walk-up restaurant format later this year. Although Portillo's has plans set, Wirth stated that the chain will "continue to fill-in existing markets, including Chicagoland and adjacent markets as opportunities come available." What is Portillo's? The 62-year-old company opened its first hot dog stand called "The Dog House" in 1963 in Villa Park, Illinois. The company began as a trailer with no bathroom and no running water. Owner Dick Portillo spent $1,100 on the trailer, running a 250-foot garden hose from a nearby building into the trailer for water, the company said on its website. Four years after opening 'The Dog House,' the company was renamed Portillo's and moved into a new building. In 2000, the company began shipping nationwide, and five years later, expanded outside of Illinois with a location in Buena Park, California. The company has continued to open new restaurants in states such as Indiana, Arizona, and Florida. The company welcomed new customers this year at three locations in Orland Park, Illinois, and in Katy and Willowbrook, Texas, Wirth said. Saleen Martin is a reporter on USA TODAY's NOW team. She is from Norfolk, Virginia – the 757. Email her at sdmartin@
Yahoo
06-06-2025
- Business
- Yahoo
Portillo's opening new locations in 2025, including first in Georgia
Portillo's, known for its Chicago-style hot dogs, announced its plans to expand as the year nears its halfway point. The fast-casual restaurant chain, which also serves beef and sausage sandwiches and pasta, will have opened up 12 new locations by the end of the year. Among the new restaurants, most will be in Texas and, for the first time, in Georgia. The location in Kennesaw, Georgia, will open during the latter half of 2025, Sara Wirth, the director of PR, IR and internal communications at Portillo's, told USA TODAY. Wirth said Portillo's fiscal 2025 is focused on restaurant growth outside Chicagoland, where the chain already has a presence. The chain's current focus is the Sunbelt, primarily in Texas, but there are plans to enter the Atlanta and San Antonio markets in the second half of 2025, she added. In addition to the new locations, Wirth said Portillo's plans to open its first walk-up restaurant format later this year. Although Portillo's has plans set, Wirth stated that the chain will "continue to fill-in existing markets, including Chicagoland and adjacent markets as opportunities come available." The 62-year-old company opened its first hot dog stand called "The Dog House" in 1963 in Villa Park, Illinois. The company began as a trailer with no bathroom and no running water. Owner Dick Portillo spent $1,100 on the trailer, running a 250-foot garden hose from a nearby building into the trailer for water, the company said on its website. Four years after opening 'The Dog House,' the company was renamed Portillo's and moved into a new building. In 2000, the company began shipping nationwide, and five years later, expanded outside of Illinois with a location in Buena Park, California. The company has continued to open new restaurants in states such as Indiana, Arizona, and Florida. The company welcomed new customers this year at three locations in Orland Park, Illinois, and in Katy and Willowbrook, Texas, Wirth said. Saleen Martin is a reporter on USA TODAY's NOW team. She is from Norfolk, Virginia – the 757. Email her at sdmartin@ This article originally appeared on USA TODAY: Portillo's opening new locations in 2025: See where Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
