Recent 8-K filings for PTLO

• May 5, 2026, 7:59 PM ET earnings materiality 0.70 negative item 2.02item 5.02item 7.01item 9.01 ◈ Earnings Releases◈ executive_change

  Portillo's Q1 net loss $0.5M; same-restaurant sales -0.1%; CFO Hook departs

  Revenue $182.6M (+3.5% YoY), but net loss $0.5M vs net income $4.0M in prior year.

• February 24, 2026, 6:59 PM ET earnings materiality 0.75 negative item 2.02item 7.01item 9.01

  Portillo's Q4 net income drops 49.5% to $6.3M; same-restaurant sales fall 3.3%

  Q4 revenue $185.7M (+0.6% YoY); same-restaurant sales -3.3% driven by 3.3% fewer transactions

• February 11, 2026, 6:59 PM ET leadership materiality 0.60 neutral item 5.02item 7.01item 9.01

  Portillo's names Brett Patterson as CEO, effective Feb 23, 2026

  Patterson, former CEO of Miller's Ale House, succeeds interim CEO Michael Miles who remains Chairman.

• November 4, 2025, 6:59 PM ET earnings materiality 0.80 negative item 2.02item 7.01item 9.01

  Portillo's Q3 net income falls 91% to $0.8M; cuts FY2025 outlook

  Net income $0.8M vs $8.8M YoY; operating income down 66% to $5.4M.

• October 6, 2025, 7:59 PM ET leadership materiality 0.60 neutral item 5.02item 9.01

  Portillo's discloses interim CEO comp ($1.2M RSU) and former CEO severance (18-month salary)

  Interim CEO Michael A. Miles, Jr. gets $60k annualized salary and $1.2M RSU vesting over one year; initial term three months.

• September 22, 2025, 7:59 PM ET leadership materiality 0.85 negative item 5.02item 7.01item 9.01

  Portillo's CEO Michael Osanloo departs; Chairman Miles named interim CEO effective Sept 21

  Michael Osanloo out as President and CEO effective Sept 21, 2025; separation without cause entitles him to severance benefits.

• September 10, 2025, 7:59 PM ET other material materiality 0.85 negative item 7.01item 9.01

  Portillo's cuts FY2025 outlook; same-store sales seen -1% to -1.5%, unit growth halved to 8

  Same-restaurant sales guidance revised to (1.0%)-(1.5%) from 1%-3%; Q3 SRS estimated (2.0%)-(2.5%).

• August 5, 2025, 7:59 PM ET earnings materiality 0.75 negative item 2.02item 7.01item 9.01

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

  Total revenue $188.5M (+3.6% YoY); same-restaurant sales +0.7% with 2.1% check increase offset by 1.4% traffic decline.

• May 6, 2025, 7:59 PM ET earnings materiality 0.70 neutral item 2.02item 7.01item 9.01

  Portillo's Q1 revenue up 6.4% to $176.4M; net income falls to $4.0M; raises same-store sales guidance

  Revenue $176.4M (+6.4% YoY); same-restaurant sales +1.8% on 4.9% avg check, but traffic down 3.1%.

• April 28, 2025, 7:59 PM ET other material materiality 0.60 neutral item 1.01item 7.01item 9.01

  Portillo's enters cooperation agreement with Engaged Capital; joint search for new director

  Engaged Capital withdraws director nominations and books-and-records demand for 2025 Annual Meeting.

• February 25, 2025, 6:59 PM ET earnings materiality 0.65 positive item 2.02item 7.01item 9.01

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

  Q4 revenue $184.6M (-1.7% vs 14-week prior year); same-restaurant sales +0.4%; net income $12.4M (up from $9.6M).

• November 5, 2024, 6:59 PM ET earnings materiality 0.75 negative item 2.02item 7.01item 9.01

  Portillo's Q3 revenue up 6.9% but same-store sales -0.9%; cuts 2024 unit and comp guidance

  Revenue $178.3M (+6.9% YoY); same-restaurant sales -0.9% vs +3.9% in Q3 2023.

• August 6, 2024, 7:59 PM ET earnings materiality 0.60 neutral item 2.02item 7.01item 9.01

  Portillo's Q2 revenue up 7.5% to $181.9M; same-store sales down 0.6%; raises unit target to 10+

  Revenue $181.9M (+7.5% YoY); net income $8.5M vs $9.9M; adj. EBITDA $29.9M (+2.2%).

• May 30, 2024, 7:59 PM ET leadership materiality 0.65 negative item 5.02 ◈ executive_change

  Portillo's COO Derrick Pratt to depart effective June 30, 2024

  Derrick Pratt will leave his role as Chief Operating Officer, effective June 30, 2024.

• May 7, 2024, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 7.01item 9.01 ◈ Earnings Releases

  Portillo's Q1 revenue up 6.3% to $165.8M; net income swings to $5.3M from loss

  Revenue $165.8M (+6.3% YoY); same-store sales -1.2% (transactions -3.2%, check +2.0%).

• March 4, 2024, 6:59 PM ET other material materiality 0.65 neutral item 1.01item 9.01 ◈ Material Agreements ×2

  Portillo's launches 8M-share synthetic secondary at $14.37; repurchases $115M from Berkshire funds

  Company entered stock/unit purchase agreement with Berkshire Partners funds and other holders to buy $114.96M of equity at $14.37/sh.

• February 27, 2024, 6:59 PM ET earnings materiality 0.90 positive item 2.02item 7.01item 9.01 ◈ Earnings Releases ×2

  Portillo's Q4 revenue up 24.5%, FY revenue up 15.8%; net income $9.6M Q4, $24.8M FY

  Total revenue increased 24.5% to $187.9M in Q4 2023 (14 weeks) vs prior year

• November 2, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 5.02item 7.01item 9.01 ◈ Earnings Releases◈ executive_change

  Portillo's Q3 revenue up 10.4% to $166.8M; net income up 104.7%; board member retires

  Total revenue $166.8M (+10.4% YoY); same-restaurant sales +3.9% driven by 7.4% avg check increase, partially offset by 3.5% transaction decline.

• August 3, 2023, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 7.01item 9.01 ◈ Earnings Releases

  Portillo's Q2 revenue up 12.3% to $169.2M; same-restaurant sales +5.9%

  Net income $9.9M ($0.16 diluted EPS) vs $10.8M in prior-year quarter.

• May 4, 2023, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 7.01item 9.01 ◈ Earnings Releases

  Portillo's Q1 revenue up 16% to $156.1M; same-store sales +9.1% but net loss $1.3M on debt charge

  Revenue $156.1M (+16.0% YoY); same-restaurant sales +9.1% (avg check +7.0%, transactions +2.1%).

• March 10, 2023, 6:59 PM ET other material materiality 0.65 neutral item 1.01item 9.01 ◈ Material Agreements

  Portillo's synthetic secondary offering of 8M shares; underwriter option for 1.2M additional

  Company entered underwriting agreement on March 7, 2023 for 8,000,000 share offering with Morgan Stanley as sole underwriter.

• March 9, 2023, 6:59 PM ET other material materiality 0.70 neutral item 1.01item 9.01 ◈ Material Agreements

  Portillo's enters $166.4M synthetic secondary to buy equity from Berkshire Partners and other insiders

  Portillo's to sell 8M shares to public at $20.80 each on March 7, 2023, in a synthetic secondary offering.

• March 2, 2023, 6:59 PM ET earnings materiality 0.75 neutral item 2.02item 7.01item 9.01 ◈ Earnings Releases ×2

  Portillo's Q4 revenue up 8.6% to $150.9M; net income $2.7M vs loss year ago; FY2023 same-store sales guidance 8-10%

  Q4 total revenue $150.9M (+8.6% YoY); same-restaurant sales +6.0%; net income $2.7M vs net loss $33.8M in Q4 2021.

• November 3, 2022, 7:59 PM ET earnings materiality 0.75 negative item 2.02item 7.01item 9.01 ◈ Earnings Releases

  Portillo's Q3 revenue up 9.5% to $151.1M but net income down 51% to $3.2M

  Total revenue $151.1M (+9.5% YoY); same-restaurant sales +5.8% on 6.3% avg check increase, transactions down 3.3%.

Executive changes

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.90 · Median 0.55 · Most common event earnings

9 positive 9 negative 32 neutral

source · PTLO on sec.gov