<span item_type="fundamental" item_id="4abcb5e68b01cd5cc150e22c3a9f5ab2" counter_id="ST/US/PTLO" env="prod"></span><span item_type="announcement" item_id="579051844192375681" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 181.43 M, beating the estimate of USD 179.59 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD 0.02, missing the estimate of USD 0.0372.</p><p>EBIT: As of FY2025 Q3, the actual value is USD 10.98 M.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Total Revenue</strong>: $181.4 million for the quarter ended September 28, 2025, an increase of 1.8% from $178.3 million in the same quarter of 2024. For the three quarters ended September 28, 2025, total revenue was $546.3 million, up 3.9% from $525.9 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1871509/000187150925000152/ptlo-20250928.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Operating Income</strong>: $5.4 million for the quarter ended September 28, 2025, a decrease from $15.9 million in the same quarter of 2024. For the three quarters ended September 28, 2025, operating income was $33.3 million, down from $44.2 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1871509/000187150925000152/ptlo-20250928.htm"></span></li><li><strong>Net Income</strong>: $0.8 million for the quarter ended September 28, 2025, a decrease from $8.8 million in the same quarter of 2024. For the three quarters ended September 28, 2025, net income was $14.8 million, down from $22.6 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1871509/000187150925000152/ptlo-20250928.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Provided by Operating Activities</strong>: $48.7 million for the three quarters ended September 28, 2025, compared to $72.0 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1871509/000187150925000152/ptlo-20250928.htm"></span></li><li><strong>Net Cash Used in Investing Activities</strong>: $58.1 million for the three quarters ended September 28, 2025, compared to $56.4 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1871509/000187150925000152/ptlo-20250928.htm"></span></li><li><strong>Net Cash Provided by Financing Activities</strong>: $3.7 million for the three quarters ended September 28, 2025, compared to net cash used of $7.4 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1871509/000187150925000152/ptlo-20250928.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Same-Restaurant Sales</strong>: Decreased by 0.8% for the quarter ended September 28, 2025, and increased by 0.5% for the three quarters ended September 28, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1871509/000187150925000152/ptlo-20250928.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company announced a strategic reset to focus on core markets, enhance unit economics, and position for sustained success. This includes driving transactions, simplifying operations, and optimizing capital deployment to achieve positive free cash flow in 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1871509/000187150925000152/ptlo-20250928.htm"></span></li><li><strong>Non-Core Business</strong>: The company plans to open three more restaurants in the fourth quarter of 2025, including its first restaurant in Georgia, for a total of eight new restaurants in fiscal year 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1871509/000187150925000152/ptlo-20250928.htm"></span></li></ul>

Portillos | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 181.43 M