Portillo's Q2 2024 revenue up 7.5% to $181.9M; same-store sales decline 0.6%

Portillo's Inc.

Q2 2024 net revenue $181.9M vs $169.2M in Q2 2023 (+7.5%), driven by new restaurants.
Same-restaurant sales fell 0.6% in Q2 2024 and 1.2% in Q1 2024, with H1 2024 down 0.9%.
New restaurants not in comparable base contributed $23M in incremental revenue in H1 2024.
FY 2023 net revenue was $679.9M; Q4 2023 revenue $187.9M included 14 weeks.
Investor presentation posted to website with historical revenue data through Q2 2024.

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