Portillo's Q1 net loss $0.5M; same-restaurant sales -0.1%; CFO Hook departs

Portillo's Inc.

2026-Q1 EPS reported -$0.01 revenue$182,623,000

Revenue $182.6M (+3.5% YoY), but net loss $0.5M vs net income $4.0M in prior year.
Operating income fell 56.7% to $4.5M; Adj EBITDA $18.5M, down 13% YoY.
Same-restaurant sales -0.1% pressured by lower average check; opened 4 restaurants in Q1.
CFO Michelle Hook departs effective May 5, 2026; board initiates successor search.
FY2026 guidance: Adj EBITDA flat vs 2025; 8 new units; capex $55-60M.

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