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OAK BROOK, Il., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's" or the "Company") (NASDAQ:PTLO), the one-of-a-kind restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the second quarter ended June 29, 2025. Second Quarter 2025 Performance Highlights (vs. Second Quarter 2024): Total revenue of $188.5 million, an increase of 3.6% or $6.6 millionSame-restaurant sales increase of +0.7%Operating income of $17.5 million, a decrease of $0.6 millionNet income of $10.0 million, an increase of $1.5 millionRestaurant-Level Adjusted EBITDA(1) of $44.5 million, a decrease of $0.1 millio

CHICAGO, July 14, 2025 (GLOBE NEWSWIRE) -- In honor of National Hot Dog Day (July 16), Portillo's – the famed and fast-growing purveyor of unrivaled Chicago-style street food – is celebrating its iconic menu item, the Chicago-style Hot Dog, with a full week of mouth-watering collabs and deals that pay homage to Chicago's iconic wiener and the seven toppings that go with it—mustard, relish, onions, tomato, pickle, sport peppers and celery salt. From $1 dogs to Chi-conic partnerships with Lou Malnati's and Local Style, fans nationwide have multiple ways to honor the legendary Chicago-style hot dog. "At Portillo's, Chicago-style hot dogs are more than just a menu item – they're a part of our

OAK BROOK, Ill., July 09, 2025 (GLOBE NEWSWIRE) -- Portillo's, Inc. (NASDAQ:PTLO) announces the following event: What:PTLO Q2 2025 Earnings WebcastWhen:Tuesday, August 5 at 10 a.m. ESTWhere:investors.portillos.comHow:Live webcast (web address above)Contact:Chris Brandon, Vice President of Investor [email protected]  *This webcast event will be archived on the Portillo's Investor Relations website for replay.*Q2 2025 Earnings Release will go out before market open on Tuesday, August 5th.   About Portillo's Portillo's (NASDAQ:PTLO) is a one-of-a-kind brand that has grown from a small hot dog trailer in Chicago to more than 90 restaurants across 10 states. Known for

CHICAGO, June 16, 2025 (GLOBE NEWSWIRE) -- Portillo's (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the appointment of Eugene I. Lee, Jr., a respected veteran of the restaurant industry and award-winning foodservice leader, to Portillo's Board of Directors, effective immediately. "Gene has dedicated his career to the restaurant industry," said Mike Miles, Chairman of the Board of Portillo's. "His rise from bussing tables to running the world's premier casual-dining company gives him an understanding of all facets of the business, from how to run a great shift to how to best position brands for growth in new markets. He has

OAK BROOK, Ill., May 28, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. (NASDAQ:PTLO) ("Portillo's" or "The Company"), the fast-casual restaurant concept known for its menu of American classics with a Chicago twist, today announced that Portillo's leadership will appear at the following investor conferences: On Tuesday, June 3, 2025, CFO Michelle Hook will present at William Blair's 45th Annual Growth Stock Conference at 12:20 p.m. Eastern Time. A copy of the presentation used will be made available at investors.portillos.com. The Company will also host in-person investor meetings during the conference.On Wednesday, June 4, 2025, CFO Michelle Hook will host a fireside chat at Baird's 2025 Globa

CHICAGO, May 06, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's" or the "Company") (NASDAQ:PTLO), the restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the first quarter ended March 30, 2025. Financial Highlights for the First Quarter 2025 vs. First Quarter 2024: Total revenue increased 6.4% or $10.6 million to $176.4 million;Same-restaurant sales increased 1.8%;Operating income increased $0.3 million to $10.4 million;Net income decreased $1.4 million to $4.0 million;Restaurant-Level Adjusted EBITDA(1) increased $0.3 million to $36.7 million; andAdjusted EBITDA(1) decreased $0.6 millio

CHICAGO, May 01, 2025 (GLOBE NEWSWIRE) -- This May, Portillo's – the famed and fast-growing purveyor of unrivaled Chicago-style street food – is celebrating its most iconic sandwich, the Italian Beef, in a big way. In honor of Italian Beef Day (May 24), Portillo's will give the holiday the star treatment with a month-long celebration featuring exclusive offers, citywide stunts, and much more – giving fans nationwide a meaty myriad of ways to savor its beloved Italian Beef sandwich. "Italian Beef Day has always been special, but this year, we're taking it to the next level for the month of May," said Vallory McCormack, Director of Marketing at Portillo's. "We've got a BOGO deal on our sign

CHICAGO, April 28, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's" or the "Company") (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that it has entered into a cooperation agreement with Engaged Capital, LLC ("Engaged Capital"). As part of the cooperation agreement, Portillo's and Engaged Capital will cooperate to identify a new director with recent and relevant restaurant operating experience to be appointed to the Portillo's Board of Directors. "We are pleased to have reached this agreement with Engaged Capital," said Michael A. Miles, Jr., Portillo's Chair of the Board. "The Board is committed to overseeing decisiv

OAK BROOK, Ill., April 08, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's") (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that it will report first quarter 2025 financial results on Tuesday, May 6, 2025, before the market opens. A live audio webcast is scheduled for 10:00 AM ET that same day. Michael Osanloo, President and Chief Executive Officer, and Michelle Hook, Chief Financial Officer, will host the webcast. The webcast will be available on the Company's investor relations website at investors.portillos.com and a replay will be available on the site shortly after the conclusion of the event. Investors may als

CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's" or the "Company") (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today confirmed that its Board of Directors has received a letter from an affiliate of Engaged Capital, LLC ("Engaged Capital") stating that it intends to nominate two director candidates to stand for election to the Company's Board of Directors at Portillo's 2025 Annual Meeting of Shareholders. Portillo's issued the following statement: The Portillo's Board of Directors and management team are focused on driving value for all shareholders and best positioning Portillo's to deliver lasting growth and pr

Robert W. Baird downgraded Portillo's from Outperform to Neutral and set a new price target of $12.00

Stifel upgraded Portillo's from Hold to Buy and set a new price target of $16.00 from $13.00 previously

Stifel downgraded Portillo's from Buy to Hold and set a new price target of $13.00

Stephens downgraded Portillo's from Overweight to Equal-Weight and set a new price target of $13.00

Stephens resumed coverage of Portillo's with a rating of Overweight and set a new price target of $20.00

Stephens initiated coverage of Portillo's with a rating of Overweight and set a new price target of $20.00

Morgan Stanley downgraded Portillo's from Overweight to Equal-Weight and set a new price target of $19.00 from $26.00 previously

Morgan Stanley reiterated coverage of Portillo's with a rating of Overweight and set a new price target of $28.00 from $27.00 previously

Piper Sandler resumed coverage of Portillo's with a rating of Overweight and set a new price target of $24.00

Guggenheim upgraded Portillo's from Neutral to Buy and set a new price target of $25.00 from $22.00 previously

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CHICAGO, June 16, 2025 (GLOBE NEWSWIRE) -- Portillo's (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the appointment of Eugene I. Lee, Jr., a respected veteran of the restaurant industry and award-winning foodservice leader, to Portillo's Board of Directors, effective immediately. "Gene has dedicated his career to the restaurant industry," said Mike Miles, Chairman of the Board of Portillo's. "His rise from bussing tables to running the world's premier casual-dining company gives him an understanding of all facets of the business, from how to run a great shift to how to best position brands for growth in new markets. He has

CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- Portillo's, the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the launch of Portillo's Perks, an app-less loyalty program that rewards guests for their love of Portillo's. Portillo's Perks reimagines the traditional loyalty program by offering a fully digital experience that adapts to guest behaviors. Unlike standard point-based apps, Portillo's Perks lives in guests' digital wallets and delivers personalized rewards based on visit frequency and ordering habits. Guests simply check in with their digital Perks card during visits to collect engaging badges and earn targeted rewards—from a welcome off

CHICAGO, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Portillo's (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the appointment of Jack Hartung, President and Chief Strategy Officer at Chipotle, to Portillo's Board of Directors, effective immediately. "Jack Hartung has been a pioneer of the fast casual restaurant sector and an architect behind one of its greatest success stories. His experience driving operating excellence and developing restaurants with best-in-class cash-on-cash returns with Chipotle will be invaluable to Portillo's as we accelerate our growth in new markets across the country," said Mike Miles, Portillo's Chair

Restaurant industry veteran brings three decades of operational expertise to support Portillo's national growth CHICAGO, Dec. 2, 2024 /PRNewswire/ -- Portillo's (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the appointment of Tony Darden as Chief Operating Officer (COO). A seasoned industry leader with more than 30 years of experience with multi-unit restaurant concepts, Mr. Darden will play a pivotal role in enhancing operations as Portillo's accelerates its strategic nationwide expansion. He will begin work with the brand on December 9, 2024.

Dutch Bros Inc. (NYSE:BROS, "Dutch Bros"))) a west coast-based drive-thru beverage company focused on making a massive difference one cup at a time, has announced the appointment of G.J. Hart to its Board of Directors, where he will serve as an independent director and as Chair of the Compensation Committee. Hart brings four decades of executive experience at foodservice operations including Red Robin Gourmet Burgers, California Pizza Kitchen, Torchy's Tacos and Texas Roadhouse, and has a proven track record of growing casual and fast-casual dining concepts. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240531409946/en/G.J. Har

New Independent Directors Bring Significant Experience with Global Growth Brands SEATTLE, April 27, 2023 (GLOBE NEWSWIRE) -- Trupanion, Inc. (NASDAQ:TRUP) announced today the appointment of Paulette Dodson, former General Counsel and Corporate Secretary at Alight, Inc., PetSmart Inc., and Sara Lee Corporation, and Elizabeth "Betsy" McLaughlin, former Chief Executive Officer of Hot Topic, to the Company's Board of Directors. "We're pleased to welcome Paulette and Betsy to our Board," said Darryl Rawlings, Founder, CEO and Chair of the Board. "They bring significant experience driving strategic growth for global consumer brands to Trupanion and are passionate about pets and

Seasoned Industry Executives Paulette Dodson and Michele Meyer Bring Complementary Skillsets and Public Company Experience to Board BARK, Inc. ("BARK" or the "Company") (NYSE:BARK), a leading global omnichannel dog brand with the mission to make all dogs happy, today announced that, effective immediately, Paulette Dodson and Michele Meyer are joining the Company's Board of Directors (the "Board"). Ms. Dodson and Ms. Meyer each bring significant industry experience, rounding out the Board's experience across operations, legal, corporate governance, marketing, and finance functions. Ms. Dodson is the former General Counsel and Corporate Secretary at Alight, Inc., PetSmart Inc., and Sara Lee

CHICAGO, Aug. 26, 2022 (GLOBE NEWSWIRE) -- Portillo's (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of unrivaled Chicago street food, today announced the appointment of Mike Ellis, to the role of Chief Development Officer. With more than 30 years of experience scaling beloved and well-known restaurant brands across the U.S., Ellis will play a key role in leading Portillo's robust growth plan as it scales strategically in new and existing markets nationwide. "I am thrilled to welcome Mike to the Portillo's leadership team, and I'm confident that his expertise and exceptional record of scaling high-profile restaurant concepts will further accelerate our company's grow

CHICAGO, Dec. 23, 2021 /PRNewswire/ -- Portillo's (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of unrivaled Chicago street food, today announced the appointment of Paulette Dodson, General Counsel and Corporate Secretary at Alight Solutions, to the Portillo's Board of Directors, effective immediately. "Paulette is a strategic leader and talented legal mind who brings a wealth of knowledge and a passion for our iconic brand," said Mike Miles, Portillo's Chairman of the Board of Directors. "We're very excited to welcome her to the Portillo's board." Ms.