Portillo’s reports Q2 EPS 12c, consensus 12c

Reports Q2 revenue $188.5M, consensus $195.83M. “Our team operated well through a tough traffic environment in the second quarter, managing restaurant-level margins effectively and driving solid earnings,” said Michael Osanloo, President and Chief Executive Officer of Portillo’s (PTLO). “We’re testing and learning, refining our new market playbook, and focused on continuous improvement to drive consistent sales, expand our restaurant footprint and deliver top-tier shareholder returns.”