GlobeNewswire·Oct 14, 2026, 7:45 PM ET

PTLO Investigation - Robbins LLP Reminds Portillo's Inc. Investors It is Investigating the Officers and Directors of PTLO for Breaches of Fiduciary Duty and Violations of Securities Laws

Robbins LLP is investigating Portillo's Inc. (NASDAQ: PTLO) for potential securities law violations & fiduciary duty breaches by officers & directors.
On August 5, 2025, Portillo's reported Q2 2025 results showing 0.7% same-restaurant sales growth, a 1.4% transaction decline, & reduced fiscal 2025 revenue & EBITDA targets.
On September 10, 2025, the company announced a strategic reset cutting fiscal 2025 unit growth from 12 to 8 new restaurants & lowering same-restaurant sales & EBITDA outlooks.
On May 5, 2026, Portillo's reported a 0.1% same-restaurant sales decrease, a $5.9 million operating income drop to $4.5 million, a $0.5 million net loss, & reduced EBITDA figures.
Following the May 5, 2026 disclosure, Portillo's reduced its new restaurant plan for the remainder of the fiscal year to only three units.
Portillo's stock price fell 21.5% from $5.72 to $4.49 per share on May 6, 2026, following the May 5 announcement.
Robbins LLP offers contingency fee representation to shareholders who lost money investing in Portillo's Inc.