# Portillo's Inc. (PTLO) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Portillo's Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/PTLO/mda/fy2025/): filed 2026-02-24; accession 0001871509-26-000012 (https://www.sec.gov/Archives/edgar/data/1871509/000187150926000012/ptlo-20251228.htm); latest 10-K
- [FY 2024 MD&A](/company/PTLO/mda/fy2024/): filed 2025-02-25; accession 0001871509-25-000016 (https://www.sec.gov/Archives/edgar/data/1871509/000187150925000016/ptlo-20241229.htm)
- [FY 2023 MD&A](/company/PTLO/mda/fy2023/): filed 2024-02-27; accession 0001871509-24-000013 (https://www.sec.gov/Archives/edgar/data/1871509/000187150924000013/ptlo-20231231.htm)
- [FY 2022 MD&A](/company/PTLO/mda/fy2022/): filed 2023-03-02; accession 0001871509-23-000017 (https://www.sec.gov/Archives/edgar/data/1871509/000187150923000017/ptlo-20221225.htm)
- [FY 2021 MD&A](/company/PTLO/mda/fy2021/): filed 2022-03-10; accession 0001871509-22-000008 (https://www.sec.gov/Archives/edgar/data/1871509/000187150922000008/ptlo-20211226.htm)

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