Portillo's Inc.
For the period ended Jun 29, 2025. Filed Aug 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 29, 2025 · Filed Aug 5, 2025
PTLO$6.98+1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Stockholders' Equity
PORTILLO'S INC
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(In thousands, except share data)
| Quarter Ended June 29, 2025 and June 30, 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock · Class B Common Stock | ||||||||
| Shares | Amount | Shares | Amount | Additional Paid-in Capital | Retained Earnings | Non-Controlling Interest | Total Stockholders' Equity | |
| Balance at March 31, 2024 | 61,561,592 | $615 | 11,640,555 | $— | $341,750 | $18,174 | $91,806 | $452,345 |
| Net income | — | — | — | — | — | 6,470 | 2,060 | 8,530 |
| Equity-based compensation | — | — | — | — | 2,429 | — | 461 | 2,890 |
| Activity under equity-based compensation plans | 178,282 | 2 | — | — | 355 | — | — | 357 |
| Non-controlling interest adjustment | — | — | — | — | 403 | — | (403) | — |
| Balance at June 30, 2024 | 61,739,874 | 617 | 11,640,555 | — | 344,937 | 24,644 | 93,924 | 464,122 |
| Balance at March 30, 2025 | 63,905,130 | 639 | 10,732,800 | — | 359,798 | 46,442 | 88,527 | 495,406 |
| Net income | — | — | — | — | — | 8,704 | 1,339 | 10,043 |
| Equity-based compensation | — | — | — | — | 2,379 | — | 279 | 2,658 |
| Activity under equity-based compensation plans | 694,573 | 7 | — | — | 1,488 | — | — | 1,495 |
| Redemption of LLC Units | 7,290,465 | 73 | (7,290,465) | — | (73) | — | — | — |
| Non-controlling interest adjustment | — | — | — | — | 61,281 | — | (61,281) | — |
| Establishment of liabilities under Tax Receivable Agreement and related changes to deferred tax assets associated with increases in tax basis | — | — | — | — | (21,805) | — | — | (21,805) |
| Balance at June 29, 2025 | 71,890,168 | $719 | 3,442,335 | $— | $403,068 | $55,146 | $28,864 | $487,797 |
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(In thousands, except share data)
| Two Quarters Ended June 29, 2025 and June 30, 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock · Class B Common Stock | ||||||||
| Shares | Amount | Shares | Amount | Additional Paid-in Capital | Retained Earnings | Non-Controlling Interest | Total Stockholders' Equity | |
| Balance at December 31, 2023 | 55,502,375 | $555 | 17,472,926 | $— | $308,212 | $13,612 | $137,731 | $460,110 |
| Net income | — | — | — | — | — | 11,032 | 2,842 | 13,874 |
| Equity-based compensation | — | — | — | — | 4,650 | — | 1,067 | 5,717 |
| Activity under equity-based compensation plans | 405,128 | 4 | — | — | 1,168 | — | — | 1,172 |
| Redemption of LLC Units | 5,832,371 | 58 | (5,832,371) | — | (58) | — | — | — |
| Non-controlling interest adjustment | — | — | — | — | 46,878 | — | (46,878) | — |
| Distributions paid to non-controlling interest holders | — | — | — | — | — | — | (838) | (838) |
| Establishment of liabilities under Tax Receivable Agreement and related changes to deferred tax assets associated with increases in tax basis | — | — | — | — | (15,913) | — | — | (15,913) |
| Balance at June 30, 2024 | 61,739,874 | 617 | 11,640,555 | — | 344,937 | 24,644 | 93,924 | 464,122 |
| Balance at December 29, 2024 | 63,674,579 | 637 | 10,732,800 | — | 357,295 | 43,129 | 89,042 | 490,103 |
| Net income | — | — | — | — | — | 12,017 | 2,016 | 14,033 |
| Equity-based compensation | — | — | — | — | 4,048 | — | 560 | 4,608 |
| Activity under equity-based compensation plans | 925,124 | 9 | — | — | 2,140 | — | — | 2,149 |
| Redemption of LLC Units | 7,290,465 | 73 | (7,290,465) | — | (73) | — | — | — |
| Non-controlling interest adjustment | — | — | — | — | 61,463 | — | (61,463) | — |
| Distributions paid to non-controlling interest holders | — | — | — | — | — | — | (1,291) | (1,291) |
| Establishment of liabilities under Tax Receivable Agreement and related changes to deferred tax assets associated with increases in tax basis | — | — | — | — | (21,805) | — | — | (21,805) |
| Balance at June 29, 2025 | 71,890,168 | $719 | 3,442,335 | $— | $403,068 | $55,146 | $28,864 | $487,797 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.