{"schema_version":"secwatch.filing_event.v1","accession":"0001871509-24-000102","form_type":"8-K","ticker":"PTLO","cik":"0001871509","company_name":"Portillo's Inc.","filed_at":"2024-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.038732+00:00","generated_at":"2026-05-31T12:40:11.494500+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Portillo's Q2 revenue up 7.5% to $181.9M; same-store sales down 0.6%; raises unit target to 10+","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001871509-24-000102","json":"https://secwatch.observer/filing/0001871509-24-000102.json","markdown":"https://secwatch.observer/filing/0001871509-24-000102.md","text":"https://secwatch.observer/filing/0001871509-24-000102.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1871509/000187150924000102/0001871509-24-000102-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1871509/000187150924000102/ptlo-20240806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T12:40:11.494500+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}