0.05Open0.05Pre Close0 Volume159 Open Interest16.00Strike Price0.00Turnover118.70%IV55.22%PremiumMay 16, 2025Expiry Date0.00Intrinsic Value100Multiplier16DDays to Expiry0.05Extrinsic Value100Contract SizeAmericanOptions Type0.0510Delta0.0410Gamma206.80Leverage Ratio-0.0082Theta0.0002Rho10.55Eff Leverage0.0023Vega
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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