Welcome to our dedicated page for Portillo'S news (Ticker: PTLO), a resource for investors and traders seeking the latest updates and insights on Portillo'S stock.
Portillo’s Inc. (NASDAQ: PTLO) is a fast-casual restaurant concept in the limited-service restaurants industry, known for its Chicago-style favorites and experience-focused destinations. This news page aggregates coverage of Portillo’s announcements, giving investors and followers a single place to review the company’s latest public communications.
Readers can find updates on restaurant development and growth, including new openings, restaurant count milestones and changes in restaurant formats such as the company’s "Restaurant of the Future" design and in-line locations described in its third quarter 2025 financial results release. The news flow also includes strategic business updates, such as Portillo’s 2025 announcement of a strategic reset of its development plans to sharpen focus on core markets, simplify operations and moderate the pace of new restaurant growth.
Portillo’s news also highlights menu innovation and promotions. Recent releases have detailed limited-time offers like the BIG Burger Bundle, collaboration meals such as the DJ Moore meal, new sauces like "Comeback Sauce," seasonal promotions under the "Season of Surprises" campaign and secret menu items for Portillo’s Perks loyalty members, including Chili Cheese Fries and a Triple Cheeseburger accessible via digital kiosks.
Corporate governance and leadership changes are another key theme. News items document the appointment of an Interim Chief Executive Officer, the departure of the prior CEO, the planned departure of the Chief Development Officer and the hiring of a new Chief Marketing Officer, along with participation in investor conferences and earnings webcasts.
By reviewing this page, users can follow how Portillo’s communicates about its brand, menu, loyalty program, restaurant expansion, leadership team and financial updates over time.
Portillo's (NASDAQ:PTLO) appointed Brett Patterson as President and Chief Executive Officer, effective February 23, 2026, and named him to the Board of Directors. Patterson brings extensive restaurant operations and leadership experience and will lead strategy, new restaurant growth, market positioning, and operational excellence.
The company emphasized Patterson's people-first leadership and focus on investing in team members and elevating the guest experience while pursuing profitable, sustainable results.
Portillo’s (NASDAQ: PTLO) will host its Q4 & FY 2025 earnings webcast on Tuesday, February 24 at 10:00 a.m. EST. The company will release its Q4/FY 2025 earnings before market open that same day.
The live webcast is available at investors.portillos.com and will be archived for replay.
Portillo's (NYSE: PTLO) on Jan 27, 2026 launched five new dipping sauces nationwide and a limited Sauce Flight promotion for loyalty members. From Jan 27–Feb 3, Portillo’s Perks members can buy The Sauce Flight for $0.99 with chicken tenders or a la carte via in‑restaurant kiosks for $1.99; the Sauce Flight is available to all guests starting Feb 4 while supplies last. The five sauces are Comeback Sauce, BBQ, Buttermilk Ranch, Honey Mustard, and Hot Giardiniera Sauce. Portillo’s also offers a limited Red Hot Meal Deal Feb 12–15: eight chicken tenders, two small fries in a heart tin, a large chocolate covered strawberry shake, the Sauce Flight and a heart keychain for $25.
Portillo's (PTLO) launched the limited-time BIG Burger Bundle on Jan. 13, 2026, at participating restaurants nationwide.
The bundle includes a 1/3‑pound char‑broiled cheeseburger, small crinkle cut fries and a small fountain drink for $9.99. The company says the burger delivers 33% more per bite than a typical quarter‑pound burger. Guests can order for delivery or takeout or find nearby locations via Portillos.com. Availability is limited to participating locations.
Portillo’s (NASDAQ:PTLO) partnered with Chicago wide receiver DJ Moore to launch a limited-time DJ Moore meal starting Dec. 23, 2025. The meal features DJ Moore’s favorites: an Italian Beef Sandwich with sweet and hot peppers and shredded cheddar, small fries with regular cheese sauce, and a small Coke, available via restaurant kiosks, Portillo’s app/website (pick-up only), and Uber Eats delivery.
Portillo’s will also introduce a new Comeback Sauce in January, free to Portillo’s Perks members in Illinois from Jan. 5–8, 2026 (while supplies last); nationwide rollout begins in late January.
Portillo's (NASDAQ:PTLO) launched its Season of Surprises holiday promotion for Portillo’s Perks members on Dec 4, 2025, running through the end of the year.
Highlights include free menu items, discounted merchandise, personalized offers, exclusive secret menu drops, and a limited-time free small Candy Cane shake with a minimum $5 purchase through Dec 7, 2025. New Perks members receive a free large French fry with their first order of $5 or more. Members can view offers on the back of their Perks rewards card in their mobile wallet or via the email tied to their account. Sign-ups are available at Portillos.com/perks. Terms and exclusions apply.
Portillo’s (NASDAQ: PTLO) reported third quarter 2025 results for the quarter ended September 28, 2025. Total revenue was $181.4M (+1.8% vs. Q3 2024). Same-restaurant sales declined 0.8%. Operating income fell to $5.4M (down 66.0%) and net income was $0.8M (down 91.1%). Restaurant-Level Adjusted EBITDA was $36.7M (-12.5%) and Adjusted EBITDA was $21.4M (-23.4%).
Company opened four restaurants in Q3 and 99 restaurants in total at filing; plans eight new units for fiscal 2025 with targets: revenue $730–$733M, Adjusted EBITDA $90–$94M, and capex $97–$100M.
Portillo’s (NASDAQ: PTLO) announced its Q3 2025 earnings webcast scheduled for Tuesday, November 4, 2025 at 10:00 a.m. ET. The live webcast will be available at investors.portillos.com and will be archived for replay.
The company said the Q3 2025 earnings release will be issued before market open on November 4. Media and investor contacts listed include Chris Brandon, Vice President of Investor Relations, and Sara Wirth, Director of PR & Communications.
Portillo’s operates over 90 restaurants across 10 states and will use the webcast to present its quarterly results and business update.
Portillo's (NASDAQ: PTLO) announced an immediate leadership transition, with Board Chairman Michael A. Miles, Jr. appointed as Interim CEO, replacing Michael Osanloo who has departed as President and CEO. Miles brings significant industry experience, having previously served as President and COO of Staples and COO of Pizza Hut.
The company has formed a Search Committee to identify a permanent CEO, while Eugene I. Lee, Jr. has been appointed as Lead Independent Director. Osanloo will remain as Special Advisor for 90 days to support the transition. The change comes as the Board acknowledges that recent company performance has not met expectations.
Portillo's (NASDAQ: PTLO) announced a strategic reset of its growth and development plans, focusing on core markets and unit economics. The company provided an updated business outlook, projecting same-restaurant sales decline of (2.0%) to (2.5%) for Q3 2025.
The company revised its fiscal 2025 targets, reducing new unit openings from 12 to 8, updating same-restaurant sales guidance to (1%) to (1.5%), and projecting revenues of $730-733 million. Restaurant-level adjusted EBITDA margin is expected at 21.0% to 21.5%, with adjusted EBITDA of $94-98 million.
For fiscal 2026, Portillo's plans to open 8 new restaurants, including its first airport location at DFW, with projected net build costs averaging below $5 million per unit.
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