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El Pollo Loco Holdings, Inc. - $LOCO STOCK NEWS

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Rhea-AI Summary

El Pollo Loco Holdings, Inc. announced its First Quarter 2024 Financial Results, showcasing a total revenue of $116.2 million, a 5.1% increase in system-wide comparable restaurant sales, and various improvements in income and net income compared to the previous year. The company's CEO, Liz Williams, highlighted the brand's success and potential growth, outlining strategic pillars for future success. Despite a decrease in company-operated restaurant revenue, an increase in comparable restaurant sales and franchise revenue was reported. The company also repurchased shares under its 2023 Share Repurchase Program and provided expectations for the remainder of 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.4%
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Rhea-AI Summary
El Pollo Loco Holdings, Inc. will announce its first quarter 2024 financial results on May 2, 2024, with a conference call hosted by CEO Liz Williams and CFO Ira Fils. The call will be accessible via phone and webcast, with a replay available until May 16, 2024.
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Rhea-AI Sentiment
End-of-Day
2.42%
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Rhea-AI Summary
El Pollo Loco partners with LaLa Romero to celebrate Women's History Month, honoring women achievers within the organization and broader communities. The event highlighted success stories of women like Rosa Fuentes, Yvonne Guidry, Amanda Castillo, and Carmelita Ramírez-Sánchez. El Pollo Loco aims to empower and inspire women, recognizing their significant contributions to the business.
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Rhea-AI Sentiment
End-of-Day
-1.19%
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none
Rhea-AI Summary
El Pollo Loco, Inc. announces exciting National Burrito Day promotions from April 1st to April 4th, offering customers irresistible deals on a variety of burritos. Customers can enjoy $0 delivery fee, bonus cards, exclusive redemption codes, and buy-one-get-one free offers. The company aims to celebrate and indulge in the ultimate burrito experience, satisfying everyone's cravings.
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Rhea-AI Sentiment
End-of-Day
2.62%
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none
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Rhea-AI Summary
El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) reported financial results for Q4 2023, showing a decrease in total revenue to $112.2 million and a rise in system-wide comparable restaurant sales. Net income was $4.4 million, with adjusted net income at $5.2 million. The company approved a $20.0 million share repurchase program and appointed a new CEO. Expectations for 2024 include new restaurant openings and capital spend of $25.0 - $28.0 million.
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Rhea-AI Sentiment
End-of-Day
-3.97%
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Rhea-AI Summary
El Pollo Loco introduces new mouth-watering menu items with $0 delivery fee promotion. The Double Baja Shrimp Tostada and Chicken & Shrimp Tostada offer indulgent flavors. Customers can enjoy the promotion on February 22, 2024, with a minimum $1 purchase.
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Rhea-AI Sentiment
End-of-Day
0.11%
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none
Rhea-AI Summary
El Pollo Loco Holdings, Inc. (LOCO) will host a conference call to discuss its Q4 and full year 2023 financial results on March 7, 2024. Interim President and CEO Maria Hollandsworth and CFO Ira Fils will lead the call. Investors can access the call via phone or webcast.
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Rhea-AI Sentiment
End-of-Day
-0.44%
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Rhea-AI Summary
El Pollo Loco Holdings, Inc. appoints Elizabeth Williams as the new CEO, succeeding Maria Hollandsworth who becomes President. Williams brings extensive experience in leading high-growth retail and restaurant businesses. The company aims to capitalize on growth opportunities under Williams' leadership.
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Rhea-AI Sentiment
End-of-Day
-3.85%
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management
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Rhea-AI Summary
El Pollo Loco Holdings, Inc. (NASDAQ: LOCO) will host a fireside chat at the 26th Annual ICR Conference in Orlando, Florida on January 8, 2024. The company will also meet with institutional investors during the conference. The discussion will be webcast live from the corporate website at www.elpolloloco.com.
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Rhea-AI Sentiment
End-of-Day
-2.84%
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conferences
Rhea-AI Summary
El Pollo Loco, Inc. (Nasdaq: LOCO) brings back its Double Pollo Fit™ Bowls with double the marinated, fire-grilled chicken, fresh super greens, and authentic Mexican flavors. The limited-time bowls include Classic Double Pollo Fit™ Bowl and Street Corn Double Pollo Fit™ Bowl. The company is partnering with TikTok influencers for the 'Beats and Eats' campaign to celebrate the return of the bowls.
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Rhea-AI Sentiment
End-of-Day
-0.22%
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none
El Pollo Loco Holdings, Inc.

Nasdaq:LOCO

LOCO Rankings

LOCO Stock Data

317.53M
22.74M
11.8%
87.72%
4.18%
Food Service Contractors
Accommodation and Food Services
Link
United States of America
COSTA MESA

About LOCO

in 1980, the very first american el pollo loco opened on alvarado street in los angeles where el pollo loco quickly became a local favorite. now with more than 460 company-owned and franchised restaurants in arizona, california, nevada, texas and utah, el pollo loco is expanding its presence in key markets through a combination of company and existing and new franchisee development. while some things have changed over the last few decades, el pollo loco's commitment to fresh, authentic food has not. everything starts with whole chickens that are slowly marinated in a special recipe of herbs, spices, fruit juices and garlic. the chicken is then expertly fire-grilled to perfection the authentic way - on our signature open-flame grills - then hand cut into your favorite mexican entrees. we put that same dedication and care into our handmade guacamole, salsas and dressings every day. at el pollo loco, we believe that when real food meets real fire the result is great taste that will keep y