By Daniella Parra
Chicago-style chain Portillo’s Inc. (Nasdaq: PTLO) said fourth quarter total revenue increased 0.6% to $185.7 million, and fiscal 2025 total revenue rose 3%.
Same-restaurant sales decreased by 3.3% and operating income to $10.3 million, a decrease of $3.5 million, while Adjusted EBITDA was $24.7 million, a decrease of $0.5 million, the company said.
Portillo’s saw growth fueled by new restaurant openings, but an increase of 4% in higher commodity costs and increased labor and benefits investments.
“Portillo’s took a number of steps in the fourth quarter to change the trajectory of the business by implementing a reset of our new restaurant growth strategy, refocusing on operational fundamentals and deploying more dynamic marketing tactics,” said Mike Miles, Chairman of the Board and Interim CEO. “We are encouraged by the early results of these initiatives and look forward to further improvement in 2026 under the leadership of new CEO Brett Patterson.”
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