Portillo'S Inc. Stock Price, News & Analysis

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.

Portillo's (NASDAQ: PTLO), the Chicago-based restaurant chain known for its Italian beef sandwiches and hot dogs, has announced its participation in the upcoming Piper Sandler Growth Frontiers Conference. President and CEO Michael Osanloo and CFO Michelle Hook will engage in a fireside chat and Q&A session with Piper Sandler Restaurant Analyst Brian Mullan on Wednesday, September 10 at 4:30 p.m. EDT.

The event will be accessible via live webcast on investors.portillos.com and will be archived for later viewing. Portillo's currently operates over 90 restaurants across 10 states, having grown from a single hot dog trailer in Chicago.

Portillo's (NASDAQ: PTLO), the Chicago-style restaurant chain, has appointed Denise Lauer as Chief Marketing Officer, effective September 22, 2025. Lauer joins from Marco's Pizza, where she served as CMO and led significant growth initiatives for the 1,200-location pizza chain.

With over 20 years of experience in food service and CPG marketing, Lauer's achievements at Marco's Pizza included developing a multi-year innovation pipeline, creating a successful value platform, and driving digital transformation. Her previous roles include CMO positions at Informed Insurance and Morton Salt, along with leadership positions at PepsiCo's Quaker Foods and FedEx.

Portillo's (NASDAQ:PTLO) has unveiled a secret menu exclusively for Portillo's Perks loyalty program members, introducing two new items available through digital order kiosks at restaurants nationwide. The hidden menu features Chili Cheese Fries - crinkle-cut fries topped with cheddar cheese sauce and chili with beans, and a Triple Cheeseburger - featuring three 1/3-pound char-broiled beef patties with classic toppings.

To access these secret menu items, customers must be Portillo's Perks members and locate the hidden menu section on in-restaurant order kiosks. The company hints that more secret menu items will be added in the future. Customers can join the loyalty program by signing up at Portillos.com/perks.

Portillo's (NASDAQ: PTLO) reported Q2 2025 financial results with total revenue of $188.5 million, up 3.6% year-over-year. The company achieved a same-restaurant sales increase of 0.7%, driven by a 2.1% higher average check but offset by a 1.4% decrease in transactions.

Net income reached $10.0 million, increasing 17.7% from Q2 2024, while operating income decreased 3.2% to $17.5 million. The company maintained 75 restaurants in its Comparable Restaurant Base and plans to open 12 new restaurants in the second half of 2025, focusing on Sunbelt expansion.

Management updated fiscal 2025 guidance, reducing revenue growth expectations to 5-7% from previous 10-12%, and adjusted EBITDA growth forecast to flat to low single-digits from the previous 5-8% target.

Portillo's (NYSE:PTLO) is launching a week-long celebration for National Hot Dog Day (July 16, 2025) with several promotional initiatives. The campaign includes a special $1 hot dog offer for Perks members from July 14-20 with a minimum $5 purchase.

Key collaborations include a partnership with Lou Malnati's to create a limited-edition Chicago-style Hot Dog Deep Dish pizza, available at 21 dine-in locations, and a collaboration with Local Style Chips to produce Chicago-Style Hot Dog flavored kettle chips. The company is also featuring a promotional event in Dallas with a giant inflatable hot dog display and their Beef Bus® food truck at Klyde Warren Park.

Portillo's (NASDAQ: PTLO), the iconic Chicago-based restaurant chain, has scheduled its Q2 2025 earnings webcast for Tuesday, August 5 at 10 a.m. EST. The earnings release will be issued before the market opens on the same day.

The webcast will be accessible through investors.portillos.com and will be archived for future replay. Portillo's currently operates over 90 restaurants across 10 states, offering their signature menu items including Italian beef sandwiches, Chicago-style hot dogs, char-grilled burgers, and chocolate cake.

Portillo's (NASDAQ: PTLO) has appointed Eugene I. Lee, Jr. to its Board of Directors, effective immediately. Lee, former CEO of Darden Restaurants from 2015 to 2022, brings extensive restaurant industry leadership experience. During his tenure at Darden, he drove revenue growth of over $2 billion and nearly tripled market capitalization to $20 billion. Lee previously served as Chairman of Darden's Board (2021-2023) and held key positions at RARE Hospitality International. His industry achievements include the IFMA Gold Plate Award and People Report Workplace Legacy Award. The appointment aligns with Portillo's cooperation agreement and has received support from Engaged Capital, LLC. Lee currently serves as Independent Board Chair for Advance Auto Parts.

Portillo's Inc. (PTLO), the Chicago-style fast-casual restaurant chain, has announced its leadership team's participation in three major investor conferences in June 2025. CFO Michelle Hook will present at the William Blair Growth Stock Conference on June 3 at 12:20 PM ET and host a fireside chat at Baird's Global Consumer, Technology & Services Conference on June 4 at 3:45 PM ET. Additionally, CEO Michael Osanloo and CFO Michelle Hook will conduct investor meetings at the Jefferies Consumer Conference on June 17-18. The company will make presentation materials available on their investor relations website.