Portillo : PTLO William Blair Growth Stock Conference 2025 06 03 v2

Published: 2025-06-03 13:09:04 ET PTLO

Published on 06/03/2025 at 13:09

William Blair Growth Stock Conference June 3, 2025

CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS & NON-GAAP MEASURES

This presentation contains forward-looking statements, within the meaninq of the Private Securities Litiqation Reform Act of 1995 ("PSLRA"). All statements other than statements of historical fact are forward-looking statements. Forward-looking statements discuss our current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance and business, and are based on currently available operatinq, financial and competitive information which are subject to various risks and uncertainties, so you should not place undue reliance on forward-looking statements. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "aim," "anticipate," "believe," "commit," "estimate," "expect," "forecast," "outlook," "potential," "project," "projection," "plan," "intend," "seek," "may," "could," "would," "will," "should," "can," "can have," "likely," the negatives thereof and other similar expressions.

Forward-looking statements are based on our current expectations and assumptions reqardinq our business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, our actual result s may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include reqional, national or qoba political, economic, business, competitive, market and requlatory conditions and the followinq:

risks related to or arising from our organizational structure;

risks of food-borne illness and food safety and other health concerns about our food;

risks relatinq to the economy and financial markets, includinq in relation to trade policy chanqes and other macroeconomic uncertainty, includinq inflation, fluctuating interest rates, stock market volatility, recession concerns, and other factors;

the impact of unionization activities of our Team Members on our reputation, operations and profitability;

risks associated with our reliance on certain information technology systems, includinq our new enterprise resource planning system, and potential failures or interruptions;

risks associated with data, privacy, cyber security and the use and implementation of information technology systems, including our digital ordering and payment platforms for our delivery business; risks associated with increased adoption, implementation and use of artificial intelliqence technoloqies across our business;

the impact of competition, including from our competitors in the restaurant industry or our own restaurants;

the increasingly competitive labor market and our ability to attract and retain the best talent and qualified employees;

the impact of federal, state or local qovernment regulations relatinq to privacy, data protection, advertisinq and consumer protection, building and zoninq requirements, labor and employment matters, costs or ability to open new restaurants, or sale of food and alcoholic beverages;

inability to achieve our growth strategy, such as the availability of suitable new restaurant sites in existinq and new markets and openinq of new restaurants at the anticipated rate and on the anticipated timeline;

the impact of consumer sentiment and other economic factors on our sales;

increases in food and other operating costs, tariffs and import taxes, and supply shortages; and

other risks identified in our filinqs with the Securities and Exchanqe Commission (the "SEC").

All forward-looking statements are expressly qualified in their entirety by these cautionary statements. You should evaluate all forward-looking statements made in this presentation in the context of the risks and uncertainties disclosed in the Company's most recent Annual Report on Form 10-K, filed with the SEC. All of the Company's SEC filings are available on the SEC's website at https://www.sec.gov. The forward-looking statements included in this press release are made only as of the date hereof. The Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

This presentation includes certain non-GAAP measures as defined under SEC rules, includinq Adjusted EBITDA, Adjusted EBITDA Marqin, Restaurant-Level Adjusted EBITDA and Restaurant-Level Adjusted EBITDA Marqin. Reconciliations and definitions are included in the Appendix to this presentation.

2023

17%

20%

14%

4% 12%

8% 12%

Disclaimer

Portillo's Inc. published this content on June 03, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 03, 2025 at 17:08 UTC.