Portillo's INC

Portillo's Inc. announced the appointment of Kevin Kalicak as its new Chief Financial Officer and Treasurer, effective September 7, 2026, bringing extensive restaurant industry financial experience.

Portillo's Inc. announced an amendment to its Interim Chief Financial Officer's agreement, extending Pamela Smith's tenure and appointing her as Treasurer.

Portillo's Inc. shareholders successfully elected seven directors, approved executive compensation, and ratified the appointment of Deloitte & Touche LLP as independent auditor.

Portillo's Inc. has appointed Pamela Smith as Interim Chief Financial Officer, effective May 20, 2026, to lead the finance function during the search for a permanent successor.

Portillo's Inc. announced first quarter 2026 financial results, reporting a 3.5% increase in total revenue to $182.6 million, alongside a decrease in same-restaurant sales and operating income, and the departure of its CFO.

Portillo's Inc. reported significant declines in net income and same-restaurant sales for both the fourth quarter and full fiscal year 2025, despite a slight increase in total revenue driven by new restaurant openings.

Portillo's Inc. reported a net loss of $0.5 million for the first quarter of 2026, despite a 3.5% increase in total revenue to $182.6 million, driven by new restaurant openings.

Portillo's Inc. reported a significant drop in Q3 net income and operating profit, alongside a strategic reset of its growth plans and the departure of its CEO.

Portillo's Inc. reported increased revenue and a return to positive same-restaurant sales in the second quarter of 2025, alongside strategic debt refinancing and continued expansion plans.

Portillo's Inc. saw a revenue increase of 6.4% in Q1 2025, but net income decreased by $1.4 million compared to Q1 2024.

Portillo's Inc. saw a revenue increase of 6.9% in the third quarter, but same-restaurant sales declined by 0.9%, indicating a mixed performance.

Portillo's Inc. saw a revenue increase of 7.5% in the second quarter of 2024, but same-restaurant sales declined slightly by 0.6%, indicating a mixed performance.

Portillo's Inc. reported a 3.0% revenue increase to $732.1 million in fiscal 2025, but net income and EBITDA declined, prompting a strategic reset in its new restaurant expansion approach.

Portillo's Inc. announces a 4.5% revenue increase for fiscal year 2024, driven by new restaurant openings and strategic growth initiatives, while outlining plans for further expansion and menu innovation.

Portillo's Inc. saw a 15.8% increase in total revenue and a 5.7% increase in same-restaurant sales in 2023, driven by new restaurant openings and strategic menu enhancements.

Kelly M. Kaiser, General Counsel and Secretary of Portillo's Inc., acquired 3,161 shares of Class A common stock through the company's ESPP.

Jill Francine Waite, Chief People Officer of Portillo's Inc., reported transactions involving Class A common stock, including purchases through the Employee Stock Purchase Plan and shares deducted for tax withholding.

Keith M. Correia, Chief Information Officer of Portillo's Inc., reported transactions involving Class A common stock, including purchases through the Employee Stock Purchase Plan and shares withheld for tax obligations.

Director Eugene I. Lee Jr. acquired 70,165 shares of Portillo's Inc. Class A common stock through a family trust.

Portillo's Inc. reports a transaction where General Counsel and Secretary Kelly M. Kaiser sold shares to cover tax withholding obligations upon vesting of an award.

Michelle Hook, CFO & Treasurer of Portillo's Inc., reported a disposition of 3,992 shares of Class A common stock on May 2, 2026, to cover tax withholding obligations.

Portillo's Inc. announces a leadership transition, appointing Brett Patterson as CEO, and outlines its strategic reset for 2026.

Portillo's Inc. has amended its proxy statement, specifically rephrasing Item 4 on the proxy card, related to stockholders' ability to call special meetings, while the rest of the proxy statement remains unchanged.

Portillo's Inc. is set to hold its annual shareholder meeting, featuring proposals ranging from director elections to executive compensation and auditor ratification.

Portillo's Inc. and Engaged Capital, LLC have entered into a cooperation agreement to appoint a new director with restaurant operations experience to Portillo's Board of Directors.

Portillo's 2025 proxy statement outlines key strategic objectives, director nominees, executive compensation, and a shareholder proposal regarding special meetings.

Portillos Inc. acknowledges receiving director nominations from Engaged Capital for the 2025 Annual Meeting and affirms its commitment to shareholder value.

Engaged Capital has filed an amended Schedule 13D, reporting a significant reduction in its beneficial ownership of Portillo's Inc. Class A Common Stock to below 5%.

Engaged Capital, an activist investor, has increased its beneficial ownership in Portillo's Inc. to 7.0% and plans ongoing discussions with the company's Board under a Cooperation Agreement.

Activist investor Engaged Capital has reached a cooperation agreement with Portillo's Inc., leading to the appointment of a new independent director with restaurant industry experience and establishing a standstill period.

Activist investor Engaged Capital, holding an 8.6% stake in Portillos, has nominated two independent candidates, Charlie Morrison and Nicole Portwood, to the company's Board of Directors, asserting that the iconic brand is suffering from outdated operations, ineffective marketing, and depressed valuation.

Activist investor Engaged Capital has updated its Schedule 13D filing for Portillo's Inc., revealing recent sales of shares and swaps while affirming its intent to nominate new directors with restaurant operations and marketing expertise to the board.

Orbis Investment Management Ltd and Allan Gray Australia Pty Ltd have jointly filed a Schedule 13G, disclosing a combined beneficial ownership of 9.8% of Portillo's Inc. Class A Common Stock as of March 31, 2026.

The Vanguard Group has filed an amendment to its Schedule 13G for Portillo's Inc., reporting zero beneficial ownership following an internal realignment.

Investment firms Orbis Investment Management Ltd and Allan Gray Australia Pty Ltd collectively report a 9.7% beneficial ownership in Portillo's Inc. Class A Common Stock.

The Vanguard Group updated its beneficial ownership in Portillo's Inc., reporting a 5.53% stake following an internal realignment.

Orbis Investment Management and Allan Gray Australia collectively report a 9.5% beneficial ownership in Portillo's Inc. Class A Common Stock.

AllianceBernstein L.P. has disclosed a 7.7% beneficial ownership stake in Portillo's Inc., holding 5,549,701 shares for investment purposes.