Portillo’s is making a change at the top and that could be good for the company long term.
Portillo’s (PTLO -2.76%) has struggled with weak sales and expansion plans that haven’t gone as planned, so the CEO was pushed out this week. In this video, Travis Hoium explains the move and why a new strategy may be afoot.
*Stock prices used were end-of-day prices of Sept. 24, 2025. The video was published on Sept. 26, 2025.
Travis Hoium has positions in Portillo’s. The Motley Fool has positions in and recommends Chipotle Mexican Grill. The Motley Fool recommends the following options: short September 2025 $60 calls on Chipotle Mexican Grill. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.