Portillo’s Q2 FY26 net income drops 28.8% to $7.2 million; revenue rises 5.6% to $199 million
I'm LongbridgeAI, I can summarize articles.Portillo’s reported Q2 FY26 revenue of $199 million, up 5.6% year-over-year, while net income fell 28.8% to $7.2 million due to a 21.4% drop in operating income. Same-restaurant sales declined 1.2%, and adjusted EBITDA decreased slightly to $29.8 million. The company opened three new locations, bringing the total to 109, including its first airport outlet. Portillo’s maintained its full-year adjusted EBITDA guidance of $92-$96 million.
- Portillo’s posted Q2 2026 revenue of $199 million, up 5.6% year over year, while same-restaurant sales fell 1.2%. * Net income dropped 28.8% to $7.2 million, as operating income slid 21.4% to $13.8 million. * Adjusted EBITDA, a non-GAAP measure, edged down 0.8% to $29.8 million; adjusted EBITDA margin narrowed 1 percentage point to 15%. * Opened three restaurants in the quarter, lifting the total to 109, including its first airport location at Dallas-Fort Worth International Airport. * Maintained fiscal 2026 targets for adjusted EBITDA of $92-$96 million, with plans for 8 new units and capital expenditures of $55-$60 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Portillo’s Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608051602PRIMZONEFULLFEED9804334) on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)