Portillo’s Inc.

Portillo’s Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

SAN DIEGO, June 8, 2026 (GLOBE NEWSWIRE) — Johnson Fistel, PLLP is investigating whether Portillo’s Inc. (NASDAQ: PTLO) or certain of its executive officers violated state or federal securities laws. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.

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If you suffered a loss on your investment and would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. The information provided will be held in strict confidence unless and until you authorize us to disclose it.

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Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471.

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Background of the Investigation

On August 5, 2025, Portillo’s reported second quarter 2025 financial results. Although the Company maintained its target of 12 new restaurants and same-restaurant sales growth of 1% to 3%, Portillo’s reduced its fiscal 2025 revenue growth target and lowered its adjusted EBITDA growth expectations. Portillo’s also disclosed that same-restaurant sales increased only 0.7% during the quarter, while transactions declined 1.4%.

Then, on September 10, 2025, Portillo’s announced a business update and strategic reset. Among other things, Portillo’s disclosed that it expected third quarter same-restaurant sales to decline between 2.0% and 2.5%. The Company also cut its fiscal 2025 unit-growth target from 12 new restaurants to 8 new restaurants, lowered its same-restaurant sales outlook from growth of 1% to 3% to a decline of 1% to 1.5%, reduced its restaurant-level adjusted EBITDA margin target, and lowered its adjusted EBITDA outlook.

Following these disclosures, Portillo’s stock price declined sharply.

In light of these disclosures, Johnson Fistel is investigating whether Portillo’s complied with state and federal laws, including the federal securities laws. If you suffered losses, or are a long-term holder of Portillo’s stock, contact Johnson Fistel.

Portillo’s Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

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