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. (NASDAQ: LOCO) is the parent company of El Pollo Loco, which describes itself as the nation’s leading fire-grilled chicken restaurant. This news page aggregates company announcements, product launches, promotional campaigns and financial updates related to LOCO stock and the El Pollo Loco restaurant system.
Recent news releases highlight menu innovations such as Double Chicken Burrito Bowls and Double Pollo Salads, both built around the brand’s citrus-marinated, fire-grilled chopped chicken and Mexican or Mexican-inspired flavors. The company also announces seasonal promotions like the “12 Days of Pollo” for Loco Rewards members and National Chicken Month campaigns that feature BOGO offers and special contests.
Investors and followers of LOCO can also find updates on quarterly financial results, where El Pollo Loco reports metrics such as company-operated restaurant revenue, franchise revenue, system-wide comparable restaurant sales, restaurant contribution and Adjusted EBITDA. These earnings announcements are often paired with details on conference calls and webcasts hosted by company leadership.
Corporate governance and investor-relations developments appear in the news flow as well, including appointments of independent directors, board leadership changes and participation in investor conferences such as the ICR Conference. Together, these items provide a view into how El Pollo Loco manages its restaurant footprint, menu strategy and capital markets communications.
For anyone tracking LOCO stock or the broader El Pollo Loco brand, this page offers a centralized view of official company news, from menu introductions and loyalty initiatives to financial performance and board-level updates.
El Pollo Loco, the nation’s leading fire-grilled chicken restaurant chain, has appointed Joe Taylor as an independent director on its Board of Directors, effective January 13, 2025. Taylor will also serve on the Audit Committee. His appointment follows the board’s expansion from seven to eight members.
William Floyd, Chairperson of El Pollo Loco’s Board, expressed excitement over Taylor's addition, emphasizing his extensive experience in restaurant and finance leadership. Taylor's 25-year tenure at Brinker International, where he most recently held the position of executive vice president and chief financial officer until his retirement in June 2024, is noted as a key asset for El Pollo Loco's growth strategy.
In his career at Brinker, which owns Chili’s Grill & Bar and Maggiano’s Little Italy, Taylor held leadership roles in finance, investor relations, restaurant development, risk management, corporate affairs, and communications. Before Brinker, Taylor spent nearly 18 years in the banking industry, holding various client-related and corporate finance positions.
Taylor is also actively engaged in the restaurant industry, having held leadership positions with multiple trade associations, including the National Restaurant Association and its Educational Foundation.
El Pollo Loco (NASDAQ: LOCO) has announced its participation in the 27th Annual ICR Conference in Orlando, Florida. The company will conduct a fireside chat discussion on January 14, 2025, starting at 9:30 AM ET.
During the conference, the company will engage with institutional investors and provide a live webcast of the discussion through their corporate website at www.elpolloloco.com in the 'Investors' section.
El Pollo Loco (LOCO) has reintroduced its Double Pollo Fit Bowls across all locations for a time until February 19, 2025. The menu features two variants: the Classic Double Pollo Fit Bowl and the Street Corn Double Pollo Fit Bowl, both containing over 50 grams of protein and premium ingredients. The bowls start at $10.99, with a special promotion offering Loco Rewards members the Classic bowl for $7 on December 12 as part of the '12 Days of Pollo' promotion.
Both bowls feature a Super Greens blend base with double portions of fire-grilled chicken breast, hand-sliced avocados, and various fresh toppings, targeting health-conscious customers and those looking to increase their protein intake.
El Pollo Loco announces its '12 Days of Pollo' promotion, offering over $100 in savings to Loco Rewards members from December 4-15. The campaign features daily deals including BOGO offers, discounted family meals, and the return of Shredded Beef Quesadilla and Classic Beef Tostada. Additionally, the company is extending its 2 for $5 taco deal through the end of the year for app and online orders. The promotion includes various offers such as $5 off $15+ purchases, discounted family meals, double points on taco purchases, and special combo deals.
El Pollo Loco announces new value offerings and digital payment capabilities. The restaurant chain is offering two tacos for $5 every Tuesday through December 31, 2024, and their Original Pollo Bowl for $5 through January 29, 2025. The Original Pollo Bowl features citrus-marinated fire-grilled chopped chicken with pinto beans, rice, cilantro, onions, and salsa fresca. Additionally, the company is introducing Apple and Google Pay options to their Loco Rewards app starting December 2024, responding to customer demands for more payment flexibility.
El Pollo Loco (NASDAQ: LOCO) reported Q3 2024 financial results with total revenue remaining flat at $120.4 million. The company saw a 2.7% increase in system-wide comparable restaurant sales. Net income decreased to $6.2 million ($0.21 per diluted share) from $9.2 million ($0.28 per diluted share) year-over-year. Restaurant contribution improved to 16.7% of company-operated revenue, up from 14.4%. Company-operated restaurant revenue decreased to $101.2 million, while franchise revenue increased 10.5% to $11.3 million. The company maintained $76.0 million in outstanding debt with $7.9 million in cash and cash equivalents.
El Pollo Loco has unveiled its new Iconic restaurant prototype featuring a modern and efficient design as it approaches its 50th anniversary in 2025. The updated design maintains familiar brand elements while introducing a new color palette, improved footprint, and enhanced materials. The renovation includes interior upgrades, LED lighting, and energy-efficient systems.
Under newly appointed Chief Development Officer Tim Welsh, the chain plans significant expansion, aiming to reach its 500th location by end of 2024. Currently operating 495 restaurants across seven U.S. states, El Pollo Loco is targeting new markets including Boise, El Paso, Kansas City, and Seattle-Tacoma for 2025 growth.
El Pollo Loco announces a new Taco Tuesday promotion running from October 29 through December 31, 2024. Customers can get two tacos for $5 every Tuesday, while Loco Rewards members receive three tacos for $5. The promotion includes an option to add chips, salsa, and a regular drink for an additional $2.50. Available at participating locations, this -time offer aims to provide affordable, quality food while offering extra value to loyalty program members.
El Pollo Loco is conducting a -time test of its new Mango Habanero sauce at select locations in Orange County and Los Angeles. The new sauce combines sweet and spicy flavors and is available on the restaurant's signature fire-grilled chicken. Individual three-piece meals start at $10.89, while eight-piece family meals begin at $25.79. The test is being conducted at seven Orange County locations and one Los Angeles location. Customer response during this test period will help determine if the item becomes a permanent addition to the chain-wide menu.
El Pollo Loco Holdings, Inc. (NASDAQ: LOCO) has announced that it will host a conference call to discuss its third quarter 2024 financial results on Thursday, October 31, 2024, at 4:30 PM Eastern Time. The call will be hosted by Liz Williams, Chief Executive Officer, and Ira Fils, Chief Financial Officer. A press release with the financial results will be issued shortly after the market close on the same day.
Interested parties can access the conference call live by dialing 201-493-6780. A replay will be available until November 14, 2024, by dialing 412-317-6671 with the passcode 13748557. Additionally, the call will be webcast live on the company's corporate website at investor.elpolloloco.com under the "Events & Presentations" page, with an archive available shortly after the call concludes.