---
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"
generated_at: "2026-05-17T21:03:18.774718+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Portillo's Q2 net income rises to $10M but slashes FY revenue growth outlook to 5-7%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001871509-25-000121
- JSON: https://secwatch.observer/filing/0001871509-25-000121.json
- Plain text: https://secwatch.observer/filing/0001871509-25-000121.txt

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