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Engaged Capital initiates discussions with Portillo's Inc (PTLO)

Engaged Capital initiates discussions with Portillo's Inc (PTLO)

Aug 16, 2024
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Snowball Research
Snowball Research
Engaged Capital initiates discussions with Portillo's Inc (PTLO)
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Key Summary: On August 15, 2024, Engaged Capital (9.9%) stated it is working with the Board and management to enhance business value through better restaurant performance, cash returns, governance, and potential sale.

Market Cap: $732 million| Portillo's Inc. owns and operates fast casual restaurants in the United States. 

On August 15, 2024, Engaged Capi…

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