Portillo’s reports Q1 EPS (1c), consensus 0c

Reports Q1 revenue $182.62M, consensus $183.26M. Same-restaurant sales decreased 0.1% “My first couple of months as CEO of Portillo’s (PTLO) have been productive and encouraging, and our team is making progress in identifying the priorities that will drive our growth strategy,” said Brett Patterson, President and Chief Executive Officer. “Our focus is on building a sustainable, long-term plan centered on three priorities: consistently great operations, an integrated marketing strategy, and a disciplined development strategy that creates compelling shareholder value. I’m optimistic about Portillo’s future and look forward to sharing more as our plan takes shape.”