NasdaqGS:PTLOHospitality
Why Portillo's (PTLO) Is Down 9.4% After Lowering 2025 Sales Outlook and Revising Guidance
Portillo’s Inc. recently lowered its third-quarter and full-year 2025 guidance, now expecting same-restaurant sales for the year to decline by 1% to 1.5% and revenues of US$730 million to US$733 million, down from previous targets, following softer performance and weaker-than-expected sales from new store openings.
This update comes amid recent leadership changes, including the appointment of Denise Lauer as Chief Marketing Officer, and increased visibility at major investor conferences,...