3.40Open3.40Pre Close0 Volume322 Open Interest14.00Strike Price0.00Turnover107.12%IV-1.83%PremiumMay 16, 2025Expiry Date3.59Intrinsic Value100Multiplier17DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type-0.8800Delta0.0863Gamma2.81Leverage Ratio-0.0129Theta-0.0044Rho-2.48Eff Leverage0.0045Vega
Portillo’s Inc. Stock Discussion
Financial Highlights for the Third Quarter 2024 vs. Third Quarter 2023:
• Total revenue increased 6.9% or $11.4 million to $178.3 million;
• Same-restaurant sales* decreased 0.9%;
• Operating income increased $0.9 million to $16.0 million;
• Net income increased $2.2 million to $8.8 million;
• Restaurant-Level Adjusted EBITDA** increased $0.1 million to $41.9 million; and
• Adjusted EBITDA** increased $0.6 million to $27.9 million.
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- 560k sqft of retail and 1.3m sqft of warehouse space
- Warren Buffett bought a majority stake in 1983 on a handshake deal for $60M
- Their motto? “Sell cheap and tell the truth.”
- Sits on 100+ acres.
- Buffett predicted that this location would do $1B in sales. Sounds like he was being conservative!
- 200k people and $120k average income within 5 miles.
- “Grandscape” is a 400 acre mixed use...
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