Portillo's Q2 net income down 28.8% to $7.2M; same-store sales -1.2%; cuts corporate staff 18%

Portillo's Inc.

Revenue $199.0M (+5.6% YoY); same-restaurant sales -1.2% on 3.4% transaction decline.
Net income $7.2M (-28.8%); Adjusted EBITDA $29.8M (-0.8%).
Opened 3 restaurants in Q2; total 109; first airport location at DFW.
Guidance: FY2026 Adj. EBITDA $92-96M; 8 new units; capex $55-60M.
On July 31, 2026, reduced corporate workforce ~18% to improve efficiency; no restaurant-level impact.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.