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 Holdings (LOCO) reported Q2 2022 revenue of $124.1 million, up from $122.0 million YoY. System-wide comparable restaurant sales increased by 7.5%.
However, income from operations fell to $10.4 million from $12.7 million in Q2 2021. Restaurant contribution dropped to 15.0% of revenue, down from 20.8%, influenced by inflation and rising costs. Net income was $7.1 million ($0.20 per diluted share), a decrease from $8.8 million ($0.24) a year earlier.
The company is opening 3-6 new company-owned restaurants in 2022.
El Pollo Loco Holdings (NASDAQ: LOCO) will host a conference call on August 4, 2022, at 4:30 PM ET to discuss its Q2 2022 financial results. The call will be led by CEO Larry Roberts and CFO Ira Fils. A press release with the financial results will be issued after market close on the same day. Investors can access the call live by dialing 201-493-6780, with a replay option available until August 18, 2022, at 412-317-6671 (passcode: 13729625). The call will also be webcast on the company's investor relations website.
El Pollo Loco has launched a unique 'Abuela Approved' campaign featuring a new chief authenticator, who will provide humorous commentary on TikTok regarding the restaurant's offerings. This initiative aims to connect with a younger audience while highlighting the brand's family-oriented roots. The campaign acknowledges the growing trend of multigenerational households in the U.S. and will roll out a series of engaging videos this summer. The brand continues to promote its heritage and innovative L.A. Mex cuisine as part of its mission to foster community connections.
El Pollo Loco Holdings (NASDAQ: LOCO) announced a virtual fireside chat for the Jefferies Consumer Conference, starting June 20, 2022. The event will be accessible via their corporate website under the 'Investors' tab. With over 480 locations across the U.S., El Pollo Loco is known for its fire-grilled chicken and Mexican-inspired dishes. The company continues to expand through both company-owned and franchised restaurants.
El Pollo Loco (Nasdaq: LOCO) has appointed Ira Fils as the new Chief Financial Officer, effective June 27, 2022. Fils has over 20 years of experience, previously serving as CFO at The Habit Burger Grill, where he was instrumental in the company’s growth and successful IPO. CEO Larry Roberts expressed confidence that Fils’ extensive industry knowledge will enhance El Pollo Loco's strategic goals. The restaurant chain, known for its fire-grilled chicken, operates 480 locations and aims to expand further through new franchises.
El Pollo Loco Holdings reported Q1 2022 total revenue of $110.1 million, up from $107.7 million in Q1 2021. System-wide comparable restaurant sales rose 7.8%.
However, income from operations decreased to $3.3 million from $6.0 million, while net income fell to $2.1 million or $0.06 per diluted share, down from $4.0 million or $0.11 per share year-over-year. Adjusted EBITDA also declined to $8.5 million from $11.9 million.
The company maintains a $40 million debt balance with $25.5 million in cash as of March 30, 2022.
El Pollo Loco partners with Tapatío to celebrate Cinco de Mayo on May 5, 2022. The event features limited-edition Tapatío bottles with digital orders, discounted premium tacos for $5, and giveaways on Instagram every five minutes. Chief Marketing Officer Andy Rebhun highlights the ongoing partnership to enhance customer experiences. Tapatío's CEO praises the combination of their hot sauce with El Pollo Loco tacos as a true Cinco de Mayo delight. The event emphasizes digital engagement and customer appreciation through various promotions.
El Pollo Loco Holdings (NASDAQ: LOCO) has scheduled a conference call for May 4, 2022, at 4:30 PM ET to discuss its Q1 2022 financial results. CEO Larry Roberts will host the call, which will be accessible via phone or webcast. A press release detailing the financial results will be issued shortly after market close on the same day. The conference call can be accessed by dialing 201-493-6780, with a replay option available until May 18, 2022. El Pollo Loco is known for its fire-grilled chicken and has over 480 locations across several states.
El Pollo Loco (Nasdaq: LOCO) introduces Mexican Shredded Beef Birria to its menu, marking a historic move as the first quick-service restaurant (QSR) to feature this popular dish. The new offerings include Shredded Beef Birria Quesadillas, Burritos, and Crunchy Tacos, available system-wide until June 1. Customers can enjoy these entrees with a dippable birria consomé, enhancing the flavors of this traditional Mexican dish. The launch is supported by marketing initiatives including a special #DipNDrip TikTok activation.
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