---
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"
generated_at: "2026-05-26T04:58:31.684754+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Portillo's Q4 same-store sales +0.4%; FY net income up 41%; guides 12 new units in 2025

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001871509-25-000015
- JSON: https://secwatch.observer/filing/0001871509-25-000015.json
- Plain text: https://secwatch.observer/filing/0001871509-25-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.