Portillo's Inc. (PTLO) Q3 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.975 Hello, and thank you for standing by. Welcome to Portillo's third quarter 2025 conference 00:00:04.975 -- 00:00:09.499 call and webcast. I would now like to turn the call over to Chris Brandon, Vice President 00:00:09.499 -- 00:00:11.701 of Investor Relations at Portillo's to begin. 00:00:11.701 -- 00:00:13.323 Thank 00:00:13.323 -- 00:00:17.366 you, operator. Good morning, everyone, and welcome to the Portillo's third quarter 2025 00:00:17.366 -- 00:00:22.951 earnings call. With me today are Mike Miles, Chairman of the Board and Interim 00:00:22.951 -- 00:00:27.696 Chief Executive Officer, and Michelle Hook, Chief Financial Officer. 00:00:27.696 -- 00:00:32.901 You can find our 10Q earnings press release, and supplemental presentation 00:00:32.901 -- 00:00:35.021 on investors.portillos.com. 00:00:36.405 -- 00:00:41.351 Any commentary made here about our future results and business conditions are forward-looking 00:00:41.351 -- 00:00:46.658 statements, which are based on management's current expectations and are not guarantees 00:00:46.658 -- 00:00:51.824 of future performance. We do not update these forward-looking statements unless required 00:00:51.824 -- 00:00:57.090 by law. Our 10-K identifies risk factors that may cause our 00:00:57.090 -- 00:01:02.390 actual results to vary materially from these forward-looking statements. 00:01:02.390 -- 00:01:07.354 Today's earnings call will make reference to non-GAAP financial measures, which are not 00:01:07.354 -- 00:01:09.997 an alternative to GAAP measures. 00:01:09.997 -- 00:01:15.722 Reconciliations of these non-GAAP measures to their most comparable GAAP counterparts 00:01:15.722 -- 00:01:19.286 are included in this morning's posted materials. 00:01:19.286 -- 00:01:23.650 Finally,...