{"schema_version":"secwatch.filing_event.v1","accession":"0001871509-25-000015","form_type":"8-K","ticker":"PTLO","cik":"0001871509","company_name":"Portillo's Inc.","filed_at":"2025-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.432542+00:00","generated_at":"2026-05-26T04:58:31.684754+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Portillo's Q4 same-store sales +0.4%; FY net income up 41%; guides 12 new units in 2025","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001871509-25-000015","json":"https://secwatch.observer/filing/0001871509-25-000015.json","markdown":"https://secwatch.observer/filing/0001871509-25-000015.md","text":"https://secwatch.observer/filing/0001871509-25-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1871509/000187150925000015/0001871509-25-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1871509/000187150925000015/ptlo-20250225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T04:58:31.684754+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"}