Revenue Growth
During the third quarter, revenues were $181.4 million, reflecting an increase of $3.2 million or 1.8% compared to last year.
Non-Comp Restaurant Contribution
Restaurants not in the comp base contributed $5.6 million of the total year-over-year increase in revenue during the quarter.
Portillo's Perks Loyalty Program
The Perks program has shown early success in stimulating visits, contributing positively to the comp performance in the third quarter.
Opening of 100th Restaurant
Portillo's is set to celebrate a major milestone with the opening of its 100th restaurant in Kennesaw, Georgia.
Lower Effective Interest Rate
Interest expense decreased due to a lower effective interest rate of 6.9% versus 8.3% for 2024.