Portillo's Inc. (PTLO)

OAK BROOK, Ill., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Portillo's, Inc. (NASDAQ: PTLO) announces the following event: What: PTLO Q3 2025 Earnings Webcast     When: Tuesday, November 4 at 10 a.m.

Portillo's (PTLO 0.32%) has struggled with weak sales and expansion plans that haven't gone as planned, so the CEO was pushed out this week. In this video, Travis Hoium explains the move and why a new strategy may be afoot.

Board Chairman Michael A. Miles, Jr. Appointed as Interim CEO, Effective Immediately Eugene (Gene) I.

Portillo's (PTLO -0.16%) has had a rough year between weak consumer spending and some poorly executed restaurant launches. Management is pulling back on growth plans, which the market doesn't like but may prove to be the right move long-term.

Portillo's is shifting from aggressive Sunbelt expansion to a more cautious growth strategy amid persistent weak traffic and softening sales. PTLO's revised guidance includes lower same-store sales, fewer new openings, and a likely revenue/EBITDA miss versus prior forecasts, reflecting industry-wide challenges. Despite growth headwinds, PTLO targets positive free cash flow by FY 2026, with potential for debt reduction, buybacks, or dividends as Capex per store declines.

Management Updates Guidance and Provides Current Third Quarter SRS Performance Management Updates Guidance and Provides Current Third Quarter SRS Performance

Portillo's maintains revenue growth and improved margins despite inflation and cost pressures, supported by expansion and effective pricing strategies. Liquidity and prudent debt management remain strong, with positive cash flow covering capex, debt, and buybacks, ensuring operational resilience. After a 40% price drop, PTLO is now undervalued based on DCF and cash per share metrics, offering a justifiable upside opportunity.

Veteran marketing leader brings proven expertise in driving guest engagement, sales, and modern growth strategies Veteran marketing leader brings proven expertise in driving guest engagement, sales, and modern growth strategies

Portillo's Q2 disappointed with weak sales, sluggish traffic, and margin pressure, but I see the market repricing for a longer-term growth story. Insider buying after the sell-off signals confidence, and I believe the current valuation is overly pessimistic given strong unit economics and expansion runway. New guidance is conservative, but with double-digit unit growth, cost controls, and innovative formats, I expect upside as Texas and Illinois stabilize.

Guests can now enjoy two new items that have mysteriously appeared on menus

Portillo's (PTLO -2.04%) stock initially shot higher from its $20-per-share introductory price before the stock's initial public offering in October 2021. However, between the 2022 bear market and slowing sales growth, the stock now sells near all-time lows.

Portillo's Inc. (NASDAQ:PTLO ) Q2 2025 Earnings Conference Call August 5, 2025 10:00 AM ET Company Participants Chris Brandon - Corporate Participant Michael Osanloo - President, CEO & Director Michelle Greig Hook - CFO & Treasurer Conference Call Participants Andrew Marc Barish - Jefferies LLC, Research Division Brian Hugh Mullan - Piper Sandler & Co., Research Division Brian James Harbour - Morgan Stanley, Research Division Christopher Thomas O'Cull - Stifel, Nicolaus & Company, Incorporated, Research Division David E. Tarantino - Robert W.

Portillo's Inc. (PTLO) came out with quarterly earnings of $0.12 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.1 per share a year ago.

Portillo's Inc. (PTLO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Portillo's Inc. (PTLO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

I'm rotating into overlooked value plays like Portillo's, which offers upside potential after a significant pullback since its IPO. Portillo's aggressive expansion, especially into Texas, and new loyalty program position it for growth and improved customer retention. The company's 'Restaurant of the Future' smaller format aims to boost margins and profitability, despite some near-term margin pressure.