{"filings":[{"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","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,"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","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,"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%","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,"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","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,"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","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,"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","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,"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","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,"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)","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,"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","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,"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","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,"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%","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,"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","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,"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","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,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}