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Jun 26, 2022
Portillo's Q2 2022 Earnings Report
Portillo's reported financial results inline with long-term targets.
Key Takeaways
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.
Total revenue increased 7.0% to $150.6 million.
Same restaurant sales increased 1.9%.
Operating income decreased $7.0 million to $17.4 million.
Net income decreased $3.0 million to $10.8 million.
Forward Guidance
The company expects commodity pressures to continue into the remainder of fiscal 2022 in the range of 13% to 15%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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