{"filings":[{"id":1361676,"accession_number":"0001871509-26-000043","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2026-06-30T20:37:48+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Portillo's extends interim CFO Pamela Smith's term through Dec 31, 2026, adds Treasurer role","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Amendment extends interim CFO term to earlier of Dec 31, 2026 or permanent CFO appointment.","Pamela Smith also designated as Treasurer with customary authority.","Compensation and other material terms unchanged from May 20, 2026 agreement.","No transactions requiring disclosure under Item 404(a) other than previously disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1028117,"accession_number":"0001871509-26-000041","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2026-06-12T20:26:47+00:00","items":["5.07"],"status":"ready","headline":"Portillo's shareholders elect seven directors, approve say-on-pay, ratify auditor at 2026 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Elected directors: Eugene Lee, Brett Patterson, Ann Bordelon, Paulette Dodson, Noah Glass, Gerard Hart, Jack Hartung with majority 'for' votes.","Say-on-pay proposal approved: 38,587,229 for, 3,260,842 against, 426,864 abstain.","Ratification of Deloitte & Touche LLP as independent auditor: 59,880,212 for, 1,348,904 against, 347,732 abstain.","Broker non-votes of 19,301,913 on director elections and say-on-pay due to discretionary voting rules."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":584360,"accession_number":"0001871509-26-000037","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2026-05-21T21:20:24+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Portillo's appoints Pamela Smith as Interim CFO effective May 20, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Smith replaces Michelle Hook as principal financial and accounting officer; term until July 1, 2026 or until permanent CFO named.","Smith is independent contractor via PF Smith Consulting; compensated $14,000/week, no equity or benefits.","Board engaged executive search firm to identify permanent CFO successor.","Smith previously served as SVP FP&A at Estée Lauder (2014-2016) and CFO/FP&A at Redbox (2013-2014).","No family relationships or 404(a) transactions with directors or officers disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96449,"accession_number":"0001871509-26-000032","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q1 net loss $0.5M; same-restaurant sales -0.1%; CFO Hook departs","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $182.6M (+3.5% YoY), but net loss $0.5M vs net income $4.0M in prior year.","Operating income fell 56.7% to $4.5M; Adj EBITDA $18.5M, down 13% YoY.","Same-restaurant sales -0.1% pressured by lower average check; opened 4 restaurants in Q1.","CFO Michelle Hook departs effective May 5, 2026; board initiates successor search.","FY2026 guidance: Adj EBITDA flat vs 2025; 8 new units; capex $55-60M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":182623000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110342,"accession_number":"0001871509-26-000015","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2026-03-11T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Portillo's appoints Eugene I. Lee Jr. as Chairman; Miles and Lutzker not standing for reelection","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Michael A. Miles Jr. (Chair since 2014) and Joshua A. Lutzker will not stand for reelection at 2026 Annual Meeting.","Eugene I. Lee Jr. appointed Chair effective March 10, 2026; joined Portillo's Board in June 2025.","Lee is former CEO of Darden Restaurants (2015-2022) and Chairman of Darden Board (2021-2023).","Board size to reduce to seven after the 2026 Annual Meeting; departures not due to any disagreement.","Miles and Lutzker remain on Compensation and Nomination & Governance Committees until the Annual Meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110341,"accession_number":"0001871509-26-000011","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2026-02-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q4 net income drops 49.5% to $6.3M; same-restaurant sales fall 3.3%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $185.7M (+0.6% YoY); same-restaurant sales -3.3% driven by 3.3% fewer transactions","Q4 net income $6.3M, down 49.5% from $12.4M; Adjusted EBITDA $24.7M (-2.1%)","FY2025 net income $21.1M, down 40% from $35.1M; opened 8 restaurants, total 102","FY2026 outlook: 8 new units, Adjusted EBITDA flat vs 2025, capex $55-60M","New CEO Brett Patterson effective Feb 23, 2026; received sign-on RSU award of 69,084 shares"],"consensus_eps_estimate":null,"consensus_eps_actual":0.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":732066000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110340,"accession_number":"0001871509-26-000006","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2026-02-11T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Portillo's names Brett Patterson as CEO, effective Feb 23, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Patterson, former CEO of Miller's Ale House, succeeds interim CEO Michael Miles who remains Chairman.","Base salary $800k, annual bonus target 100% of base, $400k sign-on RSUs vesting over 2 years.","Annual LTIP target $3M: 50% RSUs (3-year vest), 50% PSUs with performance conditions.","Patterson's experience includes Outback Steakhouse, Ruby Tuesday, and Darden Restaurants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110339,"accession_number":"0001871509-26-000003","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2026-01-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portillo's to present at ICR Conference; no material updates","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Interim CEO Mike Miles and CFO Michelle Hook to present at 10:30 a.m. ET on Jan 12, 2026.","Presentation available on http://investors.portillos.com.","No new financial guidance, earnings, or operational metrics disclosed in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":126941,"accession_number":"0001871509-25-000151","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q3 net income falls 91% to $0.8M; cuts FY2025 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $0.8M vs $8.8M YoY; operating income down 66% to $5.4M.","Same-restaurant sales -0.8% on 2.2% fewer transactions; menu prices up ~3.2%.","Adjusted EBITDA $21.4M, down 23.4%; Restaurant-Level EBITDA $36.7M, down 12.5%.","Updated FY2025 targets: rev $730-733M, adj EBITDA $90-94M, same-store sales -1 to -1.5%, 8 new units.","CEO transition: Mike Miles interim; $3.3M dead site costs; $2.2M Barnelli's trade name impairment."],"consensus_eps_estimate":null,"consensus_eps_actual":0.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":546321000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":126940,"accession_number":"0001871509-25-000141","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Portillo's Chief Development Officer Michael Ellis to depart Oct 31, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mike Ellis departs as Chief Development Officer effective October 31, 2025; qualifies for Senior Executive Severance Plan.","Severance includes cash equal to annual base salary paid over severance period, prorated 2025 bonus, COBRA reimbursement, and outplacement up to $25,000.","Upon release, 6,208 RSUs (Apr 2026 vest) and 6,281 RSUs (May 2026 vest) will accelerate to October 31, 2025; all other equity forfeited.","Company expects to enter Separation Agreement with customary non-compete, non-solicit, and release provisions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":126939,"accession_number":"0001871509-25-000139","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K/A","filed_at":"2025-10-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Portillo's discloses interim CEO comp ($1.2M RSU) and former CEO severance (18-month salary)","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Interim CEO Michael A. Miles, Jr. gets $60k annualized salary and $1.2M RSU vesting over one year; initial term three months.","After initial term, Miles receives $400k RSU per month, vesting on one-year anniversary subject to continued service.","Former CEO Michael Osanloo receives 18 months base salary continuation, prorated 2025 bonus, benefits, and outplacement up to $25k.","Osanloo's 2018 stock options exercisable until 10th anniversary; severance subject to two-year non-compete and consulting through Dec 20, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143732,"accession_number":"0001871509-25-000136","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-09-22T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Portillo's CEO Michael Osanloo departs; Chairman Miles named interim CEO effective Sept 21","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Michael Osanloo out as President and CEO effective Sept 21, 2025; separation without cause entitles him to severance benefits.","Board Chairman Michael A. Miles, Jr., age 63, appointed interim CEO; he previously served as interim CEO from 2014-2015.","Board formed Search Committee (4 directors) and will hire executive search firm to identify permanent CEO.","Eugene I. Lee (former Darden CEO) appointed Lead Independent Director; Osanloo will serve as Special Advisor for 90 days.","Company says recent performance 'has not measured up to expectations' as reason for the leadership transition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143731,"accession_number":"0001871509-25-000133","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-09-10T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portillo's cuts FY2025 outlook; same-store sales seen -1% to -1.5%, unit growth halved to 8","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Same-restaurant sales guidance revised to (1.0%)-(1.5%) from 1%-3%; Q3 SRS estimated (2.0%)-(2.5%).","New unit openings reduced from 12 to 8 in FY2025; revenue target $730-733M.","Restaurant-level adjusted EBITDA margin lowered to 21.0%-21.5% from 22.5%-23.0%.","Adjusted EBITDA guided to $94-98M vs prior flat to low-single-digit growth; G&A cut to $72-75M.","Discontinues Chicago breakfast pilot; plans 8 new units in FY2026, including first airport location (DFW) with build cost <$5M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143730,"accession_number":"0001871509-25-000121","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q2 net income rises to $10M but slashes FY revenue growth outlook to 5-7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $188.5M (+3.6% YoY); same-restaurant sales +0.7% with 2.1% check increase offset by 1.4% traffic decline.","Net income $10.0M vs $8.5M YoY; operating income $17.5M (-3.2%).","Cuts FY2025 revenue growth target to 5-7% from 10-12%; adjusted EBITDA growth now flat to low single digits from 5-8%.","Plans 12 new restaurants in H2 2025, including first Georgia location and walk-up format; total store count 95.","Commodity inflation 3-5%; labor inflation 3-4%; capex unchanged $97-100M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":364893000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161963,"accession_number":"0001871509-25-000111","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-06-16T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Portillo's appoints former Darden CEO Gene Lee to board of directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Eugene I. Lee, Jr. elected to board effective June 16, 2025; also appointed to Compensation Committee.","Lee served as Darden Restaurants CEO (2015-2022) and Chairman (2021-2023); oversaw revenue growth of $2B and market cap tripling to $20B.","Appointment made in alignment with cooperation agreement and supported by Engaged Capital, LLC.","Board determined Lee is independent under Nasdaq listing standards; standard indemnification agreement in place."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161962,"accession_number":"0001871509-25-000108","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-06-13T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Portillo's shareholders re-elect all eight directors, reject special meeting proposal","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All eight director nominees elected with >98% of votes cast; broker non-votes of 12.2M shares.","Advisory say-on-pay approved with ~95% of votes cast (51.7M for, 2.5M against).","Deloitte & Touche ratified as independent auditor for FY2025 with 64.1M for, 2.2M against.","Shareholder proposal to allow special meetings rejected: 28.3M against, 25.8M for, 12.2M broker non-votes.","Cooperation agreement with Engaged Capital (April 2025) noted but no new details provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161961,"accession_number":"0001871509-25-000093","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q1 revenue up 6.4% to $176.4M; net income falls to $4.0M; raises same-store sales guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $176.4M (+6.4% YoY); same-restaurant sales +1.8% on 4.9% avg check, but traffic down 3.1%.","Net income $4.0M (-$1.4M YoY); Adjusted EBITDA $21.2M (-2.6%); Restaurant-Level EBITDA $36.7M (+0.8%).","Raised FY2025 same-restaurant sales guidance to 1-3% (from flat to +2%); narrowed revenue growth to 10-12%.","Commodity inflation 3.4%; menu price increases of 1.5% in Jan and 1.0% in Apr 2025; breakfast test at 5 Chicagoland locations.","Plan 12 new restaurants in FY2025, including a walk-up format; entering Atlanta and San Antonio in H2 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":176437000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161960,"accession_number":"0001213900-25-036110","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-04-28T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Portillo's enters cooperation agreement with Engaged Capital; joint search for new director","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Engaged Capital withdraws director nominations and books-and-records demand for 2025 Annual Meeting.","Portillo's and Engaged Capital will jointly identify a new director with recent restaurant operations experience.","Engaged Capital agrees to customary standstill and voting provisions through earlier of 2026 meeting notice deadline or 120 days before 2025 meeting.","Portillo's to reimburse Engaged Capital up to $300,000 for expenses incurred.","Board Chair cites commitment to decisive actions on traffic, margins, and unit economics."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":180020,"accession_number":"0001871509-25-000015","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-02-25T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q4 same-store sales +0.4%; FY net income up 41%; guides 12 new units in 2025","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $184.6M (-1.7% vs 14-week prior year); same-restaurant sales +0.4%; net income $12.4M (up from $9.6M).","FY2024 revenue $710.6M (+4.5%), net income $35.1M (up from $24.8M), adj EBITDA $104.8M (+2.4%).","Opened 10 new restaurants in FY2024; plans 12 new units in FY2025 with focus on Sunbelt and Atlanta entry.","FY2025 guidance: same-restaurant sales flat to +2%, revenue growth 11-12%, adj EBITDA growth 6-8%, capex $97-100M.","Commodity inflation moderated to 1.8% in Q4; menu price increases totaling 4% in 2024 plus 1.5% in Jan 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":710554000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":180019,"accession_number":"0001871509-25-000009","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-01-27T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Portillo's enters $400M credit facility amendment; $250M term loan A and $150M revolver","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $250M term loan A facility and $150M revolving credit facility, both maturing January 27, 2030.","Proceeds used to refinance existing credit agreement and for general corporate purposes.","Interest rates based on SOFR plus spread of 2.00%-2.75% or base rate plus 1.00%-1.75%, dependent on leverage.","Principal amortization: 2.5% per year in first two years, 5% in years 3-4, 10% in year 5, with balance at maturity.","Facilities secured by substantially all assets of Portillo's and its guarantors; lenders include Fifth Third Bank, BofA, MUFG, Wells Fargo."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":180018,"accession_number":"0001871509-25-000004","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-01-13T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portillo's to present at ICR Conference; no financial details disclosed","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Portillo's presents at 2025 ICR Conference on Jan 14, 2025 at 11:00 AM ET.","CEO Michael Osanloo, CFO Michelle Hook, CIO Keith Correia to speak.","Presentation exhibit not provided; no new financial data or guidance in this 8-K.","Forward-looking statement caution; no material operational updates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":180017,"accession_number":"0001871509-25-000002","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2025-01-10T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Portillo's appoints Chipotle President Jack Hartung to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jack Hartung, President and Chief Strategy Officer at Chipotle, appointed to Portillo's board effective January 9, 2025.","Hartung served 22 years as Chipotle CFO, guiding its 2006 IPO and growth from <500 to >3,600 locations.","Appointment follows introduction by activist investor Engaged Capital; Hartung also joins Audit Committee.","Portillo's board now has 8 directors, 7 of whom are independent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":196822,"accession_number":"0001871509-24-000143","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-12-02T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Portillo's names Tony Darden as COO; former Jack in the Box ops chief starts Dec 9","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Tony Darden, 54, appointed COO effective Dec 9, 2024; previously SVP & COO of Jack in the Box.","Base salary of $465,000 with 75% annual bonus target; equity grants include $200K RSUs and $650K annual LTI.","Darden to oversee operational strategy as Portillo's targets 920 locations including new 'Restaurant of the Future' format.","First 'Restaurant of the Future' opens Dec 2024 in Grapevine, TX with smaller design and grab-and-go options."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":196821,"accession_number":"0001871509-24-000141","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-11-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portillo's to present at Furey Research Partners Hidden Gems Conference on Nov 26, 2024","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["CEO Michael Osanloo and CFO Michelle Hook to present at 9:00 a.m. ET.","Presentation attached as Exhibit 99.1, but content not provided in filing excerpt.","No material financial or operational updates disclosed in the 8-K body."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":196820,"accession_number":"0001871509-24-000138","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q3 revenue up 6.9% but same-store sales -0.9%; cuts 2024 unit and comp guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $178.3M (+6.9% YoY); same-restaurant sales -0.9% vs +3.9% in Q3 2023.","Net income $8.8M vs $6.5M; Adjusted EBITDA $27.9M vs $27.3M.","FY2024 unit growth target lowered to 10 new units; same-store sales guidance reduced to approximately (1.0%).","Opened 4 new restaurants YTD Q3, 1 post-quarter; expects 5 more in Dec to reach 10 total in 2024.","CEO Michael Osanloo noted top-line fell short of expectations but margins and cash flow were protected."],"consensus_eps_estimate":null,"consensus_eps_actual":0.29,"consensus_revenue_estimate":null,"consensus_revenue_actual":525945000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":196819,"accession_number":"0001871509-24-000122","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-10-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portillo's Q2 2024 revenue up 7.5% to $181.9M; same-store sales decline 0.6%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q2 2024 net revenue $181.9M vs $169.2M in Q2 2023 (+7.5%), driven by new restaurants.","Same-restaurant sales fell 0.6% in Q2 2024 and 1.2% in Q1 2024, with H1 2024 down 0.9%.","New restaurants not in comparable base contributed $23M in incremental revenue in H1 2024.","FY 2023 net revenue was $679.9M; Q4 2023 revenue $187.9M included 14 weeks.","Investor presentation posted to website with historical revenue data through Q2 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213120,"accession_number":"0001871509-24-000118","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-09-11T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portillo's to Present at Piper Sandler Growth Frontiers Conference on September 11, 2024","summary_kind":"llm","event_type":"other","confidence":"medium","bullets":["CEO Michael Osanloo and CFO Michelle Hook to present at Piper Sandler Growth Frontiers Conference on Sept 11, 2024 at 12:00 p.m. ET.","Live webcast and replay available at https://investors.portillos.com.","Investor presentation used at the conference is available on Portillo's website."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213119,"accession_number":"0001871509-24-000102","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q2 revenue up 7.5% to $181.9M; same-store sales down 0.6%; raises unit target to 10+","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $181.9M (+7.5% YoY); net income $8.5M vs $9.9M; adj. EBITDA $29.9M (+2.2%).","Same-restaurant sales -0.6% (transactions -2.3%, avg check +1.7%); vs +5.9% in prior Q2.","Commodity inflation 6.9%; labor flat as % of revenue; menu prices up ~4.3% in 2024.","Updated FY24 targets: unit growth to 10+ (from 9+); same-store sales flat to slightly positive; G&A $82-84M; capex $85-88M.","Opened 4 restaurants YTD (2 post-quarter); total 88 restaurants; on track for 10+ new units."],"consensus_eps_estimate":null,"consensus_eps_actual":0.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":347693000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213118,"accession_number":"0001871509-24-000094","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K/A","filed_at":"2024-07-23T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Portillo's COO Derrick Pratt to depart June 30; separation agreement includes 6-month salary, accelerated vesting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Departure effective June 30, 2024; separation agreement signed July 17, 2024 with general release and protective covenants.","Cash severance: 6 months' base salary paid over 6 months in normal payroll installments.","Accelerated vesting of 24,334 pre-IPO stock options and 20,834 RSUs scheduled to vest in 2024.","Prorated 2024 annual bonus, COBRA reimbursement subsidy, and up to $25,000 in outplacement services.","Other equity grants forfeited; pre-IPO options exercisable until 10th anniversary of grant."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232226,"accession_number":"0001871509-24-000091","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-06-05T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Portillo's shareholders elect all 7 directors, approve say-on-pay, and ratify auditor at 2024 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All seven director nominees elected with majority support; Joshua Lutzker received lowest 'for' votes at 46.6M.","Say-on-pay advisory proposal approved with 49.7M for vs 2.3M against; frequency set to 'one year' as recommended.","Ratification of Deloitte & Touche as independent auditor for FY2024 passed with 61.8M for, 954K against.","Company will hold annual advisory say-on-pay votes until next frequency vote, consistent with board recommendation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232225,"accession_number":"0001871509-24-000081","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-06-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portillo's to present at William Blair Growth Stock Conference; no specific financial updates disclosed","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["CEO Michael Osanloo and CFO Michelle Hook present on June 4, 2024 at 10:20 a.m. ET.","Live webcast and replay accessible at https://investors.portillos.com.","Presentation furnished as Exhibit 99.1 but not included in the provided filing text; no new financial data or guidance visible.","This filing is a routine Regulation FD disclosure; no material operational or financial changes announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232224,"accession_number":"0001871509-24-000078","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-05-30T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Portillo's COO Derrick Pratt to depart effective June 30, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Derrick Pratt will leave his role as Chief Operating Officer, effective June 30, 2024.","Severance includes annual base salary, prorated 2024 bonus, COBRA reimbursement, and up to $25k outplacement.","Unvested equity – 24,334 pre-IPO options and 20,834 RSUs – accelerate to vest on June 30, 2024.","No successor has been announced; Pratt's departure treated as a qualifying termination under the SESP."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232223,"accession_number":"0001871509-24-000075","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q1 revenue up 6.3% to $165.8M; net income swings to $5.3M from loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $165.8M (+6.3% YoY); same-store sales -1.2% (transactions -3.2%, check +2.0%).","Net income $5.3M vs net loss $1.3M; operating income $10.1M vs $8.5M.","Restaurant-Level Adj. EBITDA $36.4M (+4.5%); Adj. EBITDA $21.8M (+10.9%).","Opened 1 restaurant in Q1 (Denton, TX) and 1 after quarter (Surprise, AZ); total 86.","Menu prices raised ~1.5% in Jan and late March; commodity inflation slowed to 4.8%."],"consensus_eps_estimate":null,"consensus_eps_actual":0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":165831000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250499,"accession_number":"0001871509-24-000027","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-03-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portillo's announces management to present at BofA and UBS consumer conferences","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["CEO Michael Osanloo and CFO Michelle Hook will present at BofA Securities Consumer & Retail Conference on March 12, 2024 at 1:50 p.m. ET.","Also presenting at UBS Global Consumer & Retail Conference on March 14, 2024 at 11:00 a.m. ET.","Live webcasts and presentation available on investor relations website."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250498,"accession_number":"0001193125-24-057883","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-03-04T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Portillo's launches 8M-share synthetic secondary at $14.37; repurchases $115M from Berkshire funds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company entered stock/unit purchase agreement with Berkshire Partners funds and other holders to buy $114.96M of equity at $14.37/sh.","Offering of 8M shares of Class A common stock; underwriter has 30-day option for additional 1.2M shares.","Proceeds used to repurchase LLC units of subsidiary and Class A shares from the selling stockholders.","Underwriting agreement with BofA Securities; offering closed on March 4, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250497,"accession_number":"0001871509-24-000012","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-02-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q4 revenue up 24.5%, FY revenue up 15.8%; net income $9.6M Q4, $24.8M FY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue increased 24.5% to $187.9M in Q4 2023 (14 weeks) vs prior year","Same-restaurant sales up 4.4% in Q4 and 5.7% for fiscal year 2023","Opened 12 new restaurants in FY2023, bringing total to 84; plans at least 9 more in 2024","Commodity inflation moderated to 4.4% in Q4 2023 from 14.5% in prior year period","Adjusted EBITDA grew 44.5% in Q4 to $26.1M and 20.4% for FY to $102.3M"],"consensus_eps_estimate":null,"consensus_eps_actual":0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":679905000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250496,"accession_number":"0001871509-24-000005","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2024-01-09T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portillo's to present at ICR Conference 2024; no material new disclosures","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["CEO Michael Osanloo and CFO Michelle Hook to host fireside chat on Jan 9, 2024 at 10:00 AM ET.","Presentation furnished as Exhibit 99.1 is available on the company's investor relations website.","Filing does not include updated financial guidance or new operational metrics.","Participation is a routine investor conference; no material changes reported."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":268052,"accession_number":"0001871509-23-000138","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q3 revenue up 10.4% to $166.8M; net income up 104.7%; board member retires","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $166.8M (+10.4% YoY); same-restaurant sales +3.9% driven by 7.4% avg check increase, partially offset by 3.5% transaction decline.","Net income $6.5M (+104.7% YoY) on operating income $15.1M (+42.6%); Adjusted EBITDA $27.3M (+26.2%).","Opened 2 new restaurants in Q3, total 78; plans 5 more in Q4.","Commodity inflation moderated to 3.5% from 15.4% in prior year; menu prices increased net 5% in 2023.","Director Richard K. Lubin retired from board and compensation committee effective Oct 30, 2023; search for replacement underway."],"consensus_eps_estimate":null,"consensus_eps_actual":0.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":492047000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":285289,"accession_number":"0001871509-23-000118","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2023-09-19T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portillo's holds investor day; no specific material updates disclosed in filing text","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Hosted Development Day on September 19, 2023, in Dallas-Fort Worth.","Presentation attached as Exhibit 99.1 but full content not provided in this filing extract.","No financial targets, guidance changes, or operational metrics disclosed in the body of the 8-K.","Webcast replay and presentation available on Portillo's investor relations website."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":285288,"accession_number":"0001871509-23-000098","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2023-08-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q2 revenue up 12.3% to $169.2M; same-restaurant sales +5.9%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $9.9M ($0.16 diluted EPS) vs $10.8M in prior-year quarter.","Restaurant-Level Adj. EBITDA rose $4.3M to $42.7M; Adj. EBITDA up $1.6M to $29.2M.","Commodity inflation eased to 5.5% (Q2) from 15.2%; labor inflation mid-single digits expected.","Opened one restaurant in Q2 (Gilbert, AZ); plans 8 more in H2 2023; total 76 units.","Menu prices increased ~2% in Jan and ~3% in May 2023 to offset cost pressures."],"consensus_eps_estimate":null,"consensus_eps_actual":0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":325242000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":305136,"accession_number":"0001871509-23-000081","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2023-06-29T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Portillo's stockholders elect eight directors and ratify Deloitte as auditor at 2023 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected all eight director nominees; Michael Osanloo received ~53.6M votes for, ~385K withhold, 9.4M broker non-votes.","Ratified Deloitte & Touche LLP as independent auditor for FY2023 with ~62.8M for, 512K against, 108K abstain.","Record date May 1, 2023; 55.0M Class A and 14.5M Class B shares outstanding and entitled to vote.","Company will post responses to stockholder questions received in connection with the meeting on its IR website."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":305135,"accession_number":"0001871509-23-000053","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2023-05-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q1 revenue up 16% to $156.1M; same-store sales +9.1% but net loss $1.3M on debt charge","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $156.1M (+16.0% YoY); same-restaurant sales +9.1% (avg check +7.0%, transactions +2.1%).","Net loss $1.3M vs net income $0.6M; $3.5M loss on debt extinguishment from new $300M term loan.","Restaurant-Level Adj. EBITDA $34.8M (+24.4%); Adj. EBITDA $19.6M (+11.4%).","Commodity inflation eased to 8.9% (from 15.7%); expecting mid-single digits for FY2023.","Planning nine new restaurants in 2023; six new openings added $10.6M revenue in Q1."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":156061000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":324622,"accession_number":"0001193125-23-067720","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2023-03-10T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Portillo's synthetic secondary offering of 8M shares; underwriter option for 1.2M additional","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company entered underwriting agreement on March 7, 2023 for 8,000,000 share offering with Morgan Stanley as sole underwriter.","Underwriter granted 30-day option to purchase up to 1,200,000 additional shares of Class A common stock.","Offering consummated on March 10, 2023; PHD Group Holdings, LLC is a party to the agreement.","Offering made under effective S-3ASR registration statement filed November 14, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":324621,"accession_number":"0001193125-23-066259","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2023-03-09T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Portillo's enters $166.4M synthetic secondary to buy equity from Berkshire Partners and other insiders","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Portillo's to sell 8M shares to public at $20.80 each on March 7, 2023, in a synthetic secondary offering.","Company will use ~$166.4M in net proceeds to purchase LLC units and Class A common stock from selling stockholders, including Berkshire Partners affiliates.","Over-allotment option allows underwriters to purchase up to 15% more shares; Company will buy equivalent equity from sellers.","The transaction reduces selling stockholders' ownership; corresponding Class B shares retired."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":324620,"accession_number":"0001871509-23-000015","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2023-03-02T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q4 revenue up 8.6% to $150.9M; net income $2.7M vs loss year ago; FY2023 same-store sales guidance 8-10%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total revenue $150.9M (+8.6% YoY); same-restaurant sales +6.0%; net income $2.7M vs net loss $33.8M in Q4 2021.","FY2022 revenue $587.1M (+9.7% YoY); net income $17.2M vs net loss $13.4M; Adjusted EBITDA $85.0M (-13.7%).","FY2023 guidance: same-restaurant sales growth 8-10%, total revenue growth 16-18% in Q1; nine new restaurants planned.","New $300M Term Loan and $100M revolver entered Feb 2023, maturing 2028, used to repay prior debt.","Commodity inflation 15.2% in FY2022; expect mid single digits in FY2023; menu price increases of 7.5% in FY2022 and additional 2% in Jan 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":324619,"accession_number":"0001871509-23-000005","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2023-02-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Portillo's closes $300M term loan and $100M revolver, refinances prior debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $300M Term A Loan and $100M Revolving Credit Facility entered on Feb 2, 2023.","Proceeds used to repay all outstanding debt under 2014 credit agreement and pay transaction expenses.","Term loan amortizes quarterly: 0.625% of principal per year for first 2 years, then increases.","Interest rate based on consolidated total net rent adjusted leverage ratio; initial Applicable Rate 2.75% for Term SOFR loans.","Maturity of 5 years from closing; financial covenants include cash interest coverage and leverage ratio."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":324618,"accession_number":"0001871509-23-000002","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2023-01-09T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portillo's to present at ICR Conference 2023 on Jan 10; no material financial disclosure","summary_kind":"llm","event_type":"other","confidence":"medium","bullets":["CEO Michael Osanloo and CFO Michelle Hook to host fireside chat at ICR Conference 2023 on Jan 10, 2023, at 8:00 a.m. ET.","Presentation attached as Exhibit 99.1; no specific financial results or guidance changes disclosed in the filing body.","Company cautions forward-looking statements are subject to risks and uncertainties; references Form 10-K for fiscal 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":342467,"accession_number":"0001193125-22-287675","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2022-11-17T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Portillo's repurchases $181.5M in shares/units from selling stockholders at $22.69 each in secondary offering","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Agreement with Berkshire Partners affiliates and other selling stockholders to buy shares and LLC units using proceeds from secondary offering of 8,000,000 shares.","Price per share/unit was $22.69, equal to underwriter purchase price; aggregate purchase price approximately $181.5 million.","Underwriters BofA Securities and Jefferies have 30-day option for up to 1,200,000 additional shares.","Transactions reduce selling stockholders' post-offering interests; Class B shares retired and canceled.","Offering closed November 17, 2022; stock unit and purchase agreement dated November 11, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":342466,"accession_number":"0001871509-22-000071","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2022-11-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Portillo's holds inaugural Investor Day on Nov 8, 2022; no specific financial targets in extracted presentation","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Inaugural Investor Day held November 8, 2022 in New York City.","Presentation furnished as Exhibit 99.1 but full content not available in the provided text extract.","No new financial projections, guidance, or operational targets disclosed in the filed portion.","Event aimed at communicating long-term strategy; material details may be missing from extract."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":342465,"accession_number":"0001871509-22-000064","cik":1871509,"company_name":"Portillo's Inc.","ticker":"PTLO","form_type":"8-K","filed_at":"2022-11-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Portillo's Q3 revenue up 9.5% to $151.1M but net income down 51% to $3.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $151.1M (+9.5% YoY); same-restaurant sales +5.8% on 6.3% avg check increase, transactions down 3.3%.","Net income $3.2M vs $6.5M (-51%); operating income $10.6M vs $17.2M (-38.5%).","Adjusted EBITDA $21.6M (-10.7%); Restaurant-Level Adj. EBITDA $34.1M (flat). Commodity inflation (beef, chicken) and labor costs pressured margins.","Completed secondary offering of 8.07M shares at $23.75; company received no proceeds.","Menu price increases: ~1.5% in Q1, ~3.5% in Q2, and additional ~3% in Q4 to combat inflation."],"consensus_eps_estimate":null,"consensus_eps_actual":0.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":436226000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":318383127.4576272,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-11-03T23:59:59+00:00|342465"}