secwatch.observer — SEC 8-K summary
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Issuer:     Portillo's Inc. (PTLO)
CIK:        0001871509
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001871509-25-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1871509/000187150925000015/0001871509-25-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1871509/000187150925000015/ptlo-20250225.htm
  HTML page:      https://secwatch.observer/filing/0001871509-25-000015

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