Welcome to our dedicated page for El Pollo Loco Ho news (Ticker: LOCO), a resource for investors and traders seeking the latest updates and insights on El Pollo Loco Ho stock.
El Pollo Loco Holdings, Inc. (LOCO) operates a leading fast-casual restaurant chain known for its signature fire-grilled chicken and Mexican-inspired flavors. This news hub provides investors and industry observers with timely updates on corporate developments, financial performance, and strategic initiatives.
Access official press releases, earnings call transcripts, and analysis of operational milestones. Track updates across key business areas including new restaurant openings, menu innovations, franchising partnerships, and digital ordering initiatives. The curated collection serves as an essential resource for monitoring LOCO's market position in the competitive quick-service sector.
Content spans quarterly financial results, leadership announcements, supply chain developments, and consumer trend adaptations. Regular updates ensure stakeholders stay informed about factors impacting LOCO's growth strategy and brand evolution. Bookmark this page for streamlined access to material information affecting investment decisions and industry analysis.
El Pollo Loco (Nasdaq: LOCO) has announced a new holiday campaign titled “Kids on Culture”, set to launch on November 2, 2020. The campaign aims to foster community inclusivity through shared dining experiences, featuring a 30-second video with children discussing the significance of cultural traditions. This initiative coincides with the return of three classic holiday dishes inspired by Mexican heritage: Holiday Tamale Bowls, Chicken Pozole Verde, and Mexican Hot Chocolate. The campaign will be promoted through TV, digital, and social media channels.
El Pollo Loco (Nasdaq: LOCO) has launched its new holiday campaign, “Kids on Culture”, promoting inclusivity through shared meals. The campaign features a 30-second video showcasing children discussing the cultural significance of food. Additionally, the restaurant is reintroducing three holiday dishes inspired by its Mexican heritage: Holiday Tamale Bowls, Chicken Pozole Verde, and Mexican Hot Chocolate. The campaign will be supported through various media platforms, emphasizing the company’s commitment to community and cultural connections.
El Pollo Loco Holdings (NASDAQ: LOCO) will host a conference call on October 29, 2020 at 4:30 PM ET to discuss its third quarter 2020 financial results. The call will feature CEO Bernard Acoca and CFO Larry Roberts. A press release detailing the financial results will be issued after market close on the same day. Interested parties can access the call by phone or via a live webcast on the company's investor relations website.
El Pollo Loco (Nasdaq: LOCO) has launched curbside pickup, enhancing convenience for customers. This feature utilizes GPS technology to streamline order collection directly from vehicles, promoting safety and efficiency. The launch coincides with the introduction of the Loco Rewards™ program, aimed at improving customer engagement. To celebrate National Taco Day on October 4, customers using curbside pickup will receive two free Tacos al Carbons with their next order. The initiative reflects the company's commitment to optimizing the customer experience.
El Pollo Loco (Nasdaq: LOCO) has launched its new curbside pickup service, enhancing convenience for customers by allowing them to order and receive their food without leaving their vehicles. This innovation incorporates GPS technology to alert staff upon customer arrival, ensuring quick service. The launch coincides with the introduction of the Loco Rewards program aimed at improving the customer experience. To celebrate National Taco Day on October 4, customers who use the curbside service will receive two free Tacos al Carbon on their next visit.
El Pollo Loco has integrated FlyBuy curbside pickup technology to enhance its customer experience. This system utilizes GPS to predict customer arrival times, automatically notifying staff and locating customers for timely order delivery. With 95% of El Pollo Loco locations adopting this technology, the initiative aims to eliminate wait times for order-ahead customers. The integration supports operational efficiency and caters to the growing demand for off-premise ordering, which has surged by nearly 200% during the pandemic. This approach aligns with customer preferences for contactless service.
El Pollo Loco has announced a commitment of $100,000 to support Latina-owned businesses in Los Angeles through the El Pollo Local Grants program. This initiative aims to assist businesses severely impacted by the pandemic, with a particular focus on Hispanic women, who have faced significant job losses. The program encourages community involvement via a Go Fund Me platform, promising additional support for every $10,000 raised. Nominations for the grants can be submitted through September 25, 2020, aiming to create a directory of Latina-owned food businesses.
El Pollo Loco (Nasdaq: LOCO) has launched a new line of L.A. Mex Burritos, inspired by Los Angeles flavors. This limited-time menu features four burritos: California Queso, Chicken Tinga, Keto Burrito, and Chickenless Pollo, catering to various dietary preferences. To celebrate, the company is offering a Buy 4, Get 1 Free promotion for Loco Rewards™ customers until October 27. The initiative underscores the brand's commitment to blending traditional Mexican cuisine with healthier options, resonating with its California roots.
El Pollo Loco (Nasdaq: LOCO) has launched the national loyalty program, Loco Rewards™, offering customers the fastest cash reward in the industry. Members can earn 1 point for every $1 spent, unlocking a $5 reward after 50 points. The program includes promotional offers, such as free chips and guacamole upon joining and double points on specific items during September. Customers can also benefit from GPS-enabled curbside pickup starting on September 28. For more information, visit www.elpolloloco.com/rewards/.
El Pollo Loco Holdings reported a second-quarter revenue of $99.6 million, down from $113.7 million year-over-year, with a net income of $5.5 million ($0.16/share), down from $14.1 million ($0.37/share) last year. Comparable restaurant sales decreased 9.7%. Despite challenges from COVID-19, the company improved its off-premise sales strategies, achieving positive comps in June and a 19.6% restaurant contribution margin. The company expects to maintain cash flow positivity but has suspended its 2020 financial guidance due to ongoing uncertainties.
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