Portillo's Inc. (PTLO) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to Portillo's second quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Chris Brannan, Vice President of Investor Relations. Thank you, sir. You may begin. Thanks, Operator, and good morning, everyone, and welcome to our second quarter 2025 earnings call, my first since joining this outstanding team and exciting investor story. With me on this call today is Michael Osanlu, President and Chief Executive Officer, and Michelle Hook, Chief Financial Officer. You can find our 10Q earnings press release and supplemental presentation on investors.portillos.com. Any commentary made here about our future results and business conditions are forward-looking statements, which are based on management's current expectations and are not guarantees of future performance. We do not update these forward-looking statements unless required by law. Our 10-K identifies risk factors that may cause our actual results to vary materially from these forward-looking statements. Today's earnings call will make reference to non-GAAP financial measures which are not an alternative to GAAP measures. Reconciliations of these non-GAAP measures to their most comparable GAAP counterparts are included in this morning's posted materials. Finally, after we deliver our prepared remarks, we will be happy to take questions from our covering Southside analysts. And with that, I will turn the call over to our President and Chief Executive Officer, Michael Osamu. ...