earnings
confidence high
sentiment negative
materiality 0.75
Portillo's Q2 net income rises to $10M but slashes FY revenue growth outlook to 5-7%
Portillo's Inc.
2025-Q2 EPS reported
$0.18
revenue$364,893,000
- Total revenue $188.5M (+3.6% YoY); same-restaurant sales +0.7% with 2.1% check increase offset by 1.4% traffic decline.
- Net income $10.0M vs $8.5M YoY; operating income $17.5M (-3.2%).
- Cuts FY2025 revenue growth target to 5-7% from 10-12%; adjusted EBITDA growth now flat to low single digits from 5-8%.
- Plans 12 new restaurants in H2 2025, including first Georgia location and walk-up format; total store count 95.
- Commodity inflation 3-5%; labor inflation 3-4%; capex unchanged $97-100M.