{"schema_version":"secwatch.filing_event.v1","accession":"0001871509-26-000055","form_type":"8-K","ticker":"PTLO","cik":"0001871509","company_name":"Portillo's Inc.","filed_at":"2026-08-05T20:03:15+00:00","discovered_at":"2026-08-05T20:04:00.219130+00:00","generated_at":"2026-08-05T20:04:28.091655+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 down 28.8% to $7.2M; same-store sales -1.2%; cuts corporate staff 18%","bullets":["Revenue $199.0M (+5.6% YoY); same-restaurant sales -1.2% on 3.4% transaction decline.","Net income $7.2M (-28.8%); Adjusted EBITDA $29.8M (-0.8%).","Opened 3 restaurants in Q2; total 109; first airport location at DFW.","Guidance: FY2026 Adj. EBITDA $92-96M; 8 new units; capex $55-60M.","On July 31, 2026, reduced corporate workforce ~18% to improve efficiency; no restaurant-level impact."],"urls":{"canonical":"https://secwatch.observer/filing/0001871509-26-000055","json":"https://secwatch.observer/filing/0001871509-26-000055.json","markdown":"https://secwatch.observer/filing/0001871509-26-000055.md","text":"https://secwatch.observer/filing/0001871509-26-000055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1871509/000187150926000055/0001871509-26-000055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1871509/000187150926000055/ptlo-20260805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-05T20:04:28.091655+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"}