I knew about the company from chit chat stocks. So last week when I was on vacation in Venice there was this couple from Chicago on the same guided tour as us. I asked them what they think about Portillo’s. They told me they found the quality of the food to be reducing. In the past it was better. Not sure if this is correct, but perhaps it’s worth it to check the ratings of the companies on google review. More importantly, the evolution of said reviews.
We do have thoughts on it. It's definitely not a clean balance sheet, but it's not uncommon for a private equity going public. But yes, it's one of the concerns for sure.
I knew about the company from chit chat stocks. So last week when I was on vacation in Venice there was this couple from Chicago on the same guided tour as us. I asked them what they think about Portillo’s. They told me they found the quality of the food to be reducing. In the past it was better. Not sure if this is correct, but perhaps it’s worth it to check the ratings of the companies on google review. More importantly, the evolution of said reviews.
Great points! It's a bit anecdotal evidence ofcourse. Could be a one time thing ofcourse. But it's definitely something to watch out for.
Interesting read. The first thing I noticed when I took a look at them was their debt. Any thoughts on that?
We do have thoughts on it. It's definitely not a clean balance sheet, but it's not uncommon for a private equity going public. But yes, it's one of the concerns for sure.