Why Portillo's (PTLO) Shares Are Sliding Today
Shares of casual restaurant chain Portillo’s (NASDAQ:PTLO) fell 3.2% in the afternoon session after the stock continued to decline as the company reported second-quarter 2025 financial results that fell short of expectations and lowered its full-year guidance. The company posted revenue of $188.5 million, below the forecasted $196.5 million, and earnings per share of $0.12.