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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jun. 29, 2025
Jun. 30, 2024
Income Statement [Abstract]        
REVENUES, NET $ 188,456 $ 181,862 $ 364,893 $ 347,693
Restaurant operating expenses:        
Food, beverage and packaging costs 63,750 61,712 124,852 118,673
Labor 48,340 46,412 95,208 89,714
Occupancy 9,966 9,211 19,987 18,551
Other operating expenses 21,919 19,958 43,709 39,815
Total restaurant operating expenses 143,975 137,293 283,756 266,753
General and administrative expenses 18,798 17,941 37,701 36,481
Pre-opening expenses 1,697 2,100 2,205 3,523
Depreciation and amortization 7,137 7,106 14,177 14,050
Net income attributable to equity method investment (382) (335) (546) (540)
Other income, net (300) (358) (312) (786)
OPERATING INCOME 17,531 18,115 27,912 28,212
Interest expense 5,726 6,603 11,475 13,133
Interest income (79) (75) (150) (154)
Tax Receivable Agreement liability adjustment (1,838) (439) (2,485) (1,000)
INCOME BEFORE INCOME TAXES 13,722 12,026 19,072 16,233
Income tax expense 3,679 3,496 5,039 2,359
NET INCOME 10,043 8,530 14,033 13,874
Net income attributable to non-controlling interests 1,339 2,060 2,016 2,842
NET INCOME ATTRIBUTABLE TO PORTILLO'S INC. $ 8,704 $ 6,470 $ 12,017 $ 11,032
Net income per common share attributable to Portillo's Inc.:        
Basic (in usd per share) $ 0.13 $ 0.10 $ 0.18 $ 0.19
Diluted (in usd per share) $ 0.12 $ 0.10 $ 0.18 $ 0.18
Weighted-average common shares outstanding:        
Basic (in shares) 67,595,224 61,650,118 65,716,582 59,543,950
Diluted (in shares) 69,867,802 64,608,698 68,174,864 62,577,748