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Portillo's (PTLO) Q2 2025 Earnings Call Transcript


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Portillo's(NASDAQ:PTLO) reported revenue growth for the second quarter of 2025, supported by new and same restaurant sales. Transaction volumes remain below prior levels and are a primary concern for future comp growth. Cost discipline helped narrow inflation impacts, though commodity and labor pressures persist, and price increases are expected to continue in the second half of 2025. The company maintained its planned pace of restaurant openings for 2025 while noting cost reductions in new formats, enhanced efficiency expectations from a new restaurant design, and incremental loyalty platform traction.

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