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Fortis Announces Third Quarter Results and Portfolio Strategy

The Motley Fool +1 · ·by G4L

PTLO
PTLO Portillos Inc
$6.98 +1.31%
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  1. 1Fortis recorded a 1.4% increase in same-store sales growth for the third quarter.
  2. 2Fortis achieved an adjusted EBITDA of $20.65 million in the third quarter.
  3. 3Fortis announced a portfolio strategy to close underperforming stores outside of Chicago.

So what's the key point?

Fortis saw a 1.4 percent increase in store sales for the third quarter. The company has made plans to close stores that are not performing well.

Source The Motley Fool +1 · View original ↗

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