Portillo’s expects at least 9 restaurant openings in FY24

For fiscal 2024, the Company is anticipating the following: At least nine new restaurant openings; Commodity inflation ranging from 4% to 6%; General and administrative expenses ranging from $85 million – $87 million; Pre-opening expenses between $8.0 million – $9.0 million; Capital expenditures between $90 million – $93 million.