Portillo's Inc. reported a total revenue of $732.1 million for the fiscal year ending December 28, 2025, marking a 3.0% increase from $710.6 million in the previous fiscal year. However, the company experienced a decline in same-restaurant sales, which decreased by 0.5%, attributed to a 2.5% drop in transactions, partially offset by a 2.0% increase in average check. Operating income fell to $43.7 million, down from $58.0 million in fiscal 2024, while net income decreased to $21.1 million from $35.1 million. The Restaurant-Level Adjusted EBITDA also saw a decline, dropping to $158.4 million from $168.1 million in the prior year.
In terms of strategic developments, Portillo's opened eight new restaurants during fiscal 2025, bringing its total to 102 locations across 11 states. This included the company's first restaurant in Georgia and a new in-line restaurant format. The company has also announced plans to adopt a more gradual approach to market expansion, particularly following disappointing results in Texas. The new strategy aims to build brand awareness and consumer familiarity before opening additional locations. Additionally, Portillo's launched its loyalty program, Portillo's Perks™, which has attracted over two million members by the end of 2025.
Operationally, Portillo's employed 7,890 team members as of December 28, 2025, an increase from the previous year. The company continues to focus on enhancing its operational efficiency and guest experience, particularly through its drive-thru model, which has been a significant part of its service strategy since the 1980s. The company also reported a 3.9% increase in commodity prices, which impacted food, beverage, and packaging costs, totaling $251.7 million for the year.
Looking ahead, Portillo's plans to open eight new restaurants in fiscal 2026, including its first airport location at Dallas-Fort Worth International Airport. The company aims to leverage its loyalty program to drive customer engagement and transaction growth while maintaining a focus on operational excellence. Despite the challenges faced in fiscal 2025, Portillo's remains committed to achieving positive free cash flow and delivering long-term value to its shareholders.
About Portillo's Inc.
Portillo's Inc. operates fast-casual restaurants specializing in iconic Chicago-style hot dogs, Italian beef, burgers, salads, and desserts. With a focus on high-energy, themed environments and multichannel sales—including dine-in, drive-thru, delivery, and catering—it emphasizes operational excellence, menu innovation, and a strong team culture. Serving a broad customer base across the U.S., it aims for rapid national expansion and industry-leading guest experiences.
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