Portillo’s reports Q1 EPS 5c, consensus 5c

Reports Q1 revenue $176.4M, consensus $180.72M. “We’re proud of how our team performed through challenging macro conditions in Q1, driven by the launch of Portillo’s (PTLO) Perks and our marketing efforts,” said Michael Osanloo, President and Chief Executive Officer of Portillo’s. “As we head into Q2, we’re carrying momentum and remain confident in our ability to drive traffic and build sales through brand awareness, digital engagement, and operational excellence.”