Portillo's Earnings Reports

Portillo's Inc. reported a slight decrease in total revenue by 1.7% to $184.6 million for the fourth quarter of 2024, while same-restaurant sales increased by 0.4%. The company's net income increased by $2.8 million to $12.4 million. They opened three new restaurants in the Houston, Texas market during the quarter.

Portillo's Inc. reported a 6.9% increase in total revenue, reaching $178.3 million, while same-restaurant sales decreased by 0.9%. The company maintained profitability and focused on strategic pillars for long-term growth.

Portillo's Inc. reported a 7.5% increase in total revenue to $181.9 million, driven by new restaurant openings. However, same-restaurant sales decreased by 0.6%. Operating income rose to $18.1 million, while net income decreased to $8.5 million. The company is on track to open at least 10 restaurants in 2024 and successfully lower the build costs.

Portillo's Inc. reported a 6.3% increase in total revenue, reaching $165.8 million, while same-restaurant sales decreased by 1.2%. Operating income increased to $10.1 million, and net income rose to $5.3 million. The company opened one new restaurant, bringing the total to 85.

Portillo's Inc. reported a 24.5% increase in total revenue for the fourth quarter of 2023, reaching $187.9 million. Same-restaurant sales increased by 4.4%. Operating income increased to $14.5 million, and net income rose to $9.6 million. The company opened six new restaurants during the quarter, bringing the total restaurant count to 84.

Portillo's Inc. reported a 10.4% increase in total revenue, reaching $166.8 million, and a 3.9% increase in same restaurant sales. Operating income increased by $4.5 million to $15.1 million, and net income increased by $3.3 million to $6.5 million.

Portillo's Inc. reported a 12.3% increase in total revenue to $169.2 million, with same-restaurant sales increasing by 5.9%. Operating income remained relatively stable at $17.4 million, while net income decreased slightly to $9.9 million. The company opened one new restaurant during the quarter, bringing the total to 76 restaurants.

Portillo's Inc. reported a 16.0% increase in total revenue, reaching $156.1 million, and a 9.1% increase in same restaurant sales. Operating income increased by $1.7 million to $8.5 million. Net income decreased $1.8 million to a net loss of $1.3 million.

Portillo's Inc. reported an 8.6% increase in total revenue for the fourth quarter of 2022, reaching $150.9 million. Same-restaurant sales increased by 6.0%, and the company saw a significant increase in operating income and net income. However, Restaurant-Level Adjusted EBITDA and Adjusted EBITDA both decreased compared to the prior year.

Portillo's Inc. reported a 9.5% increase in total revenue to $151.1 million for the third quarter of 2022, driven by new restaurant openings and a 5.8% increase in same-restaurant sales. However, the company experienced a decrease in operating income to $10.6 million and net income to $3.2 million, primarily due to increased restaurant operating and general and administrative expenses.

Portillo's Inc. reported a 7.0% increase in total revenue, reaching $150.6 million, and a 1.9% increase in same-restaurant sales. Operating income decreased by $7.0 million to $17.4 million, and net income decreased by $3.0 million to $10.8 million.

Portillo's Inc. reported a 14.6% increase in total revenue to $134.5 million, driven by an 8.2% increase in same-restaurant sales and the opening of six new restaurants. Net income increased to $0.6 million, while operating income decreased to $6.8 million.

Portillo's Inc. reported a 15.3% increase in total revenue to $138.0 million and a 6.8% increase in same-restaurant sales. However, operating income decreased by 8.8% to $17.2 million, and net income decreased by 19.4% to $6.5 million.