{"schema_version":"secwatch.filing_event.v1","accession":"0001871509-25-000121","form_type":"8-K","ticker":"PTLO","cik":"0001871509","company_name":"Portillo's Inc.","filed_at":"2025-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.466918+00:00","generated_at":"2026-05-17T21:03:18.774718+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 Q2 net income rises to $10M but slashes FY revenue growth outlook to 5-7%","bullets":["Total revenue $188.5M (+3.6% YoY); same-restaurant sales +0.7% with 2.1% check increase offset by 1.4% traffic decline.","Net income $10.0M vs $8.5M YoY; operating income $17.5M (-3.2%).","Cuts FY2025 revenue growth target to 5-7% from 10-12%; adjusted EBITDA growth now flat to low single digits from 5-8%.","Plans 12 new restaurants in H2 2025, including first Georgia location and walk-up format; total store count 95.","Commodity inflation 3-5%; labor inflation 3-4%; capex unchanged $97-100M."],"urls":{"canonical":"https://secwatch.observer/filing/0001871509-25-000121","json":"https://secwatch.observer/filing/0001871509-25-000121.json","markdown":"https://secwatch.observer/filing/0001871509-25-000121.md","text":"https://secwatch.observer/filing/0001871509-25-000121.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1871509/000187150925000121/0001871509-25-000121-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1871509/000187150925000121/ptlo-20250805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T21:03:18.774718+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"}