earnings
confidence high
sentiment neutral
materiality 0.70
Portillo's Q1 revenue up 6.4% to $176.4M; net income falls to $4.0M; raises same-store sales guidance
Portillo's Inc.
2025-Q1 EPS reported
$0.05
revenue$176,437,000
- Revenue $176.4M (+6.4% YoY); same-restaurant sales +1.8% on 4.9% avg check, but traffic down 3.1%.
- Net income $4.0M (-$1.4M YoY); Adjusted EBITDA $21.2M (-2.6%); Restaurant-Level EBITDA $36.7M (+0.8%).
- Raised FY2025 same-restaurant sales guidance to 1-3% (from flat to +2%); narrowed revenue growth to 10-12%.
- Commodity inflation 3.4%; menu price increases of 1.5% in Jan and 1.0% in Apr 2025; breakfast test at 5 Chicagoland locations.
- Plan 12 new restaurants in FY2025, including a walk-up format; entering Atlanta and San Antonio in H2 2025.