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Portillo's reported $732 million in fiscal 2025 revenue across 102 locations, but same-restaurant sales declined 3.3% in Q4. The Chicago icon is rethinking its expansion playbook under new leadership, and the numbers tell a complicated story.
176 new locations in 2024, $2B Blackstone acquisition, and 12 straight years of same-store sales growth. Why smoothies plus wraps is a winning QSR formula.
A Cornell study found households on GLP-1 medications cut fast food spending by more than 5% within six months. With projections showing GLP-1 users could account for 35% of all food and beverage spending by 2030, the QSR industry faces a demand shift it cannot ignore.