Portillo's, Inc. (PTLO)
NASDAQ:PTLO
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.09Last Year’s EPS
0.12Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed a mixed picture: top-line revenue growth (+3.5%), improved transactions and a notable jump in operating cash (+85.8%) and loyalty penetration were positives, along with steps to tighten development discipline and commodity hedging. However, the quarter showed margin compression (restaurant-level and adjusted EBITDA declines), rising operating costs (commodity, labor, repairs/maintenance and occupancy), near-term promotional/lapping pressures (April ~ -1 point comps, May headwinds), preopening/dead site costs and a CFO transition. Management emphasized a multi-quarter plan centered on operational excellence, targeted marketing and disciplined development. Given the material margin and cost pressures offsetting revenue and cash flow improvements, the call overall was balanced between constructive strategic initiatives and meaningful near-term operational and financial headwinds.Company Guidance
Revenue Growth Driven by New Restaurants
Total revenues of $182.6M in Q1, up $6.2M or 3.5% year-over-year; revenue growth was driven by non-comparable (new) restaurants which contributed $7.7M of the increase.
Transactions and Loyalty Momentum
Overall transactions increased 0.8% year-over-year in Q1; Portillo's Perks loyalty penetration grew ~3% versus Q4, and promotions (BIG Burger Bundle, birthday cake LTO, new sauces) materially supported positive transaction trends.
Improved Operating Cash Generation
Cash provided by operating activities increased 85.8% year-over-year to $17.6M year-to-date; company ended the quarter with $24M in cash and affirmed fiscal year guidance.
Disciplined Development Focus and New Hires
Announced a new Chief Development Officer to sharpen site selection and capital discipline; opened one restaurant post-quarter (Frisco, TX) and expects three additional 2026 openings including first airport location (DFW) and a downtown Chicago in-line location.
Commodity Risk Management
Management hedged a material portion of beef exposure (approximately 65% of beef flats locked) and has ~30% of total commodity basket forward-bought for Q2–Q4; company still projecting mid-single-digit commodity inflation for the year.
Strong Performance in Core Market (Chicago)
Chicagoland posted outsized transaction growth versus the rest of the fleet during Q1, indicating healthy performance in the brand's backyard and useful learnings for marketing and operations.
PTLO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PTLO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $5.72 | $4.79 | -16.35% |
Feb 24, 2026 | $5.79 | $5.33 | -7.94% |
Nov 04, 2025 | $5.24 | $4.86 | -7.25% |
Aug 05, 2025 | $9.49 | $7.28 | -23.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Portillo's, Inc. (PTLO) report earnings?
Portillo's, Inc. (PTLO) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Portillo's, Inc. (PTLO) earnings time?
Portillo's, Inc. (PTLO) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PTLO EPS forecast?
PTLO EPS forecast for the fiscal quarter 2026 (Q2) is 0.09.
