Portillo's Inc. · NASDAQ:PTLO
Portillo's — Investor Presentation (January 2024)
11 slides from Portillo's's investor presentation, Jan 9, 2024
Slide 1: reserved | Do not share or
© 2019 Portillo’s Hot Dogs | All rights reserved | Do not share or duplicate confidential content, in whole or part, without written consent 1
Slide 2: Cautionary Note on Forward-Looking Statements & Non-GAAP Measures
© 2019 Portillo’s Hot Dogs | All rights reserved | Do not share or duplicate confidential content, in whole or part, without written consent 2 CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS & NON-GAAP MEASURES
Slide 3: Portillo's (Nasdaq: PTLO)
© 2019 Portillo’s Hot Dogs | All rights reserved | Do not share or duplicate confidential content, in whole or part, without written consent 323 (Nasdaq: PTLO)
Slide 4: 2023 Restaurant Openings
© 2019 Portillo’s Hot Dogs | All rights reserved | Do not share or duplicate confidential content, in whole or part, without written consent 422 2023 Q1 Q2 Q3 Q4 Kissimmee, FL The Colony, TX Tucson, AZ Gilbert, AZ Allen, TX Cicero, IL Arlington, TX Clermont, FL Queen Creek, AZ Algonquin, IL Rosemont
Slide 5: 2023 Restaurant Openings Completed
© 2019 Portillo’s Hot Dogs | All rights reserved | Do not share or duplicate confidential content, in whole or part, without written consent 522 2023 Q1 Q2 Q3 Q4 Kissimmee, FL The Colony, TX Tucson, AZ Gilbert, AZ Allen, TX Cicero, IL Arlington, TX Clermont, FL Queen Creek, AZ Algonquin, IL Rosemont
Slide 6: 2024 Development Outlook
© 2019 Portillo’s Hot Dogs | All rights reserved | Do not share or duplicate confidential content, in whole or part, without written consent 623 • • • • • Sunbelt = 80%+ of Pipeline 9 10.7% Development Day Commitments 2024 Development Outlook Q1 Q2 Q3 Q4 1 2-3 2-3 2-3
Slide 7: Outlook
© 2019 Portillo’s Hot Dogs | All rights reserved | Do not share or duplicate confidential content, in whole or part, without written consent 723 2 0 2 4 OUTLOOK
Slide 8: Long-Term Outlook
© 2019 Portillo’s Hot Dogs | All rights reserved | Do not share or duplicate confidential content, in whole or part, without written consent 823 LONG-TERM OUTLOOK (1) We are unable to reconcile the long-term outlook for Adjusted EBITDA growth to net income (loss), the corresponding U.S. GAAP measure
Slide 9: Appendix
© 2019 Portillo’s Hot Dogs | All rights reserved | Do not share or duplicate confidential content, in whole or part, without written consent 923 A P P E N D I X
Slide 10: reserved | Do not share or 1023 (1) Represents the difference between cash rent
© 2019 Portillo’s Hot Dogs | All rights reserved | Do not share or duplicate confidential content, in whole or part, without written consent 1023 (1) Represents the difference between cash rent payments and the recognition of straight-line rent expense recognized over the lease term. (2) Represents
Slide 11: reserved | Do not share or 1123 (1) Restaurant-Level Adjusted EBITDA Margin is defined
© 2019 Portillo’s Hot Dogs | All rights reserved | Do not share or duplicate confidential content, in whole or part, without written consent 1123 (1) Restaurant-Level Adjusted EBITDA Margin is defined as Restaurant-Level Adjusted EBITDA divided by Revenues, net.