STOCK TITAN

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

Welcome to our dedicated page for El Pollo Loco Holdings news (Ticker: $LOCO), a resource for investors and traders seeking the latest updates and insights on El Pollo Loco Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect El Pollo Loco Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of El Pollo Loco Holdings's position in the market.

Rhea-AI Summary
El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) has announced a Stock Repurchase Agreement with FS Equity Partners V, L.P. and FS Affiliates V, L.P. to repurchase 1,500,000 shares of common stock at $8.40 per share, totaling $12.6 million. The Company has repurchased approximately $59 million in 2023, demonstrating confidence in the business and commitment to creating stockholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
buyback
-
Rhea-AI Summary
El Pollo Loco, Inc. introduces a limited-time Carnitas Menu for the holiday season, celebrating the heritage of Mexican cuisine with innovative flavors. The menu includes Carnitas Tacos, Carnitas Stuffed Quesadilla, and Carnitas Wet Burrito, along with exclusive items for Loco Rewards App users. Additionally, a Festive Family Meal is launched for gatherings, emphasizing the company's commitment to bringing people together.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
none
-
Rhea-AI Summary
El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) announced financial results for Q3 2023. Total revenue was $120.4 million, up from $119.9 million in Q3 2022. Income from operations was $13.7 million, compared to $6.9 million in Q3 2022. Net income was $9.2 million, or $0.28 per diluted share, compared to $5.0 million, or $0.14 per diluted share. The company also approved a new $20 million share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
Rhea-AI Summary
El Pollo Loco Holdings, Inc. announced that Laurance Roberts is leaving his position as President, CEO, and Director after 10 years at the company. Maria Hollandsworth, the Chief Operating Officer, will serve as the Interim President and CEO while a new CEO is being sought. Roberts will continue to provide consulting services until December 28, 2023. The Board has engaged an executive search firm to find a new Chief Executive Officer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
management
-
Rhea-AI Summary
El Pollo Loco to host conference call for Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
-
Rhea-AI Summary
El Pollo Loco appoints Jill Adams as Chief Marketing Officer
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.7%
Tags
none
Rhea-AI Summary
El Pollo Loco announces the return of Stuffed Quesadillas with premium ingredients including Oaxaca cheese. Three varieties available. Strong sales success demonstrated last year. Limited-time offer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.86%
Tags
none
-
Rhea-AI Summary
El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) announced financial results for the 13-week period ended June 28, 2023. Total revenue was $121.5 million, system-wide comparable restaurant sales decreased 3.4%, income from operations was $10.9 million, and net income was $7.1 million. Adjusted EBITDA was $16.6 million. CEO Larry Roberts expressed confidence in the sales growth and initiatives for the back half of the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.08%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.43%
Tags
El Pollo Loco Holdings, Inc.

Nasdaq:LOCO

LOCO Rankings

LOCO Stock Data

268.18M
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