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Portillo’s stock falls after high inflation leads to unexpected quarterly loss

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Portillo

Joe Hendrickson

Portillo’s (NASDAQ:PTLO) dropped sharply on Wednesday after missing estimates with its Q1 earnings report.

While same-restaurant sales came in at +9.1% to beat the consensus estimate of +8.9%, the restaurant operator reported an unexpected loss for the quarter.

Portillo’s (

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