Portillo's earnings call presented a balanced view of the company's performance. While revenue growth, loyalty program expansion, and operational improvements are positive highlights, challenges remain with new market performance, especially in Texas, and inflationary pressures on costs.

Company Guidance

During Portillo's second quarter 2025 earnings call, guidance was provided on several key metrics. The company reported restaurant-level adjusted EBITDA of $44.5 million with a margin of 23.6%. Same-restaurant sales increased by 0.7%, while transactions decreased by 1.4%, although this represented a 170-basis-point sequential improvement over Q1. Revenue growth was 3.6% year-over-year, amounting to $188.5 million, driven by a combination of non-comp restaurant openings and same-restaurant sales. The company raised menu prices by a total of 3.3% through incremental increases throughout the year. Portillo's plans to open 12 new restaurants in the latter half of 2025, with build costs for new locations expected to average between $5.2 million and $5.5 million. Despite challenges in Texas, the company remains committed to a revenue growth target of 5% to 7% for the year. The effective tax rate for the quarter was 26.8%, and the company expects the full-year rate to be approximately 25% to 27%. Overall, the guidance underscores a focus on growth and operational efficiency improvements, alongside efforts to manage inflationary pressures.

Revenue Growth

Portillo's reported revenues of $188.5 million, reflecting an increase of $6.6 million or 3.6% compared to last year.

Italian Beef Month Initiative

Successfully drove meaningful engagement and positive transactions with promotional offers for loyalty members.

Kiosk Usage

In-restaurant usage of kiosks now exceeds 33%, with clear benefits to average check and mix.

Loyalty Program Growth

Portillo's Perks program now boasts over 1.9 million members, demonstrating robust customer engagement.

Build Cost Reduction

Achieved significant savings in new restaurant build costs, reducing them to a range of $5.2 million to $5.5 million per restaurant.

Operational Improvements

AI-powered drive-thru technology expansion is underway with positive operator feedback.

Portillo's (PTLO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PTLO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.07 / -	0.11	―	―	―
Aug 05, 2025	2025 (Q2)	0.12 / 0.12	0.1	20.00% (+0.02)
May 06, 2025	2025 (Q1)	0.04 / 0.05	0.08	-37.50% (-0.03)
Feb 25, 2025	2024 (Q4)	0.05 / 0.17	0.13	30.77% (+0.04)
Nov 05, 2024	2024 (Q3)	0.06 / 0.11	0.07	57.14% (+0.04)
Aug 06, 2024	2024 (Q2)	0.11 / 0.10	0.12	-16.67% (-0.02)
May 07, 2024	2024 (Q1)	0.06 / 0.08	-0.01	900.00% (+0.09)
Feb 27, 2024	2023 (Q4)	0.04 / 0.13	0.08	62.50% (+0.05)
Nov 02, 2023	2023 (Q3)	0.07 / 0.07	0.04	75.00% (+0.03)
Aug 03, 2023	2023 (Q2)	0.13 / 0.12	0.13	-7.69% (-0.01)

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
Aug 05, 2025	$9.49	$7.28	-23.29%
May 06, 2025	$10.40	$10.47	+0.67%
Feb 25, 2025	$13.57	$14.90	+9.80%
Nov 05, 2024	$13.65	$13.49	-1.17%

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.