{"schema_version":"secwatch.filing_event.v1","accession":"0001871509-24-000138","form_type":"8-K","ticker":"PTLO","cik":"0001871509","company_name":"Portillo's Inc.","filed_at":"2024-11-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.201782+00:00","generated_at":"2026-05-30T05:29:34.246225+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Portillo's Q3 revenue up 6.9% but same-store sales -0.9%; cuts 2024 unit and comp guidance","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001871509-24-000138","json":"https://secwatch.observer/filing/0001871509-24-000138.json","markdown":"https://secwatch.observer/filing/0001871509-24-000138.md","text":"https://secwatch.observer/filing/0001871509-24-000138.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1871509/000187150924000138/0001871509-24-000138-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1871509/000187150924000138/ptlo-20241105.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T05:29:34.246225+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"}