El Pollo Loco Holdings, Inc. reports developments from its fast-casual restaurant business, which operates and franchises El Pollo Loco restaurants centered on citrus-marinated fire-grilled chicken and Mexican-inspired menu items such as burritos, tostadas, bowls, salads and bone-in chicken meals. News commonly covers quarterly financial results, system-wide and company-operated restaurant sales trends, restaurant contribution, operating costs and debt levels.
Company updates also include menu innovation, product tests, loyalty program activity through Loco Rewards, marketing partnerships and brand initiatives tied to its restaurant base. These releases connect operating performance with customer traffic, pricing, menu mix and franchise activity in the limited-service restaurant market.
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El Pollo Loco is reintroducing its popular Shredded Beef Birria to the menu after last year's successful launch. Available from April 20 to June 28, fans can enjoy a variety of dishes including Crunchy Tacos, Grilled Burritos, and Overstuffed Quesadillas, all served with a flavorful Consomé Dipping Sauce. The launch follows a viral trend on TikTok, showcasing the brand’s commitment to authentic Mexican flavors. This year's offering includes upgrades like a crispier taco shell and an enhanced dipping sauce for a better customer experience. Loco Rewards® members can access the menu 48 hours early, emphasizing customer engagement and loyalty. El Pollo Loco continues to grow with 490 restaurants across several states, focusing on quality and connection to its heritage.
El Pollo Loco Holdings (NASDAQ: LOCO) announced a conference call scheduled for May 4, 2023, at 4:30 PM Eastern Time to discuss its first quarter 2023 financial results. The call will be led by President and CEO Larry Roberts and CFO Ira Fils, with a press release detailing the financial results issued shortly after market close. Investors can access the call by dialing 201-493-6780 and listen to a replay at 412-317-6671 until May 18, 2023. A live webcast will also be available on the company's investor relations website. El Pollo Loco, known for its fire-grilled chicken, operates 490 locations across the U.S. and is focused on expanding its market presence through company and franchise development.
El Pollo Loco (Nasdaq: LOCO) enhances its Loco Rewards program with a new app and exclusive offers starting from National Burrito Day (April 6) to Cinco de Mayo (May 5). Customers signing up will receive a free Original Pollo Bowl with any purchase. A special promotion includes a Pollo Millionaire giveaway, awarding 30 members with one million rewards points. The updated program features a tiered points system with three levels: Pollito, Pollo, and Pollo Loco, unlocking various benefits. These changes are aimed at improving customer engagement and loyalty, while the revamped app offers enhanced features for ordering and rewards management.
El Pollo Loco Holdings (Nasdaq: LOCO) reported Q4 2022 results with total revenue of $115.9 million, up from $109.0 million in Q4 2021. System-wide comparable restaurant sales increased by 4.7%. Income from operations rose to $9.5 million, and net income increased to $6.5 million or $0.18 per diluted share, compared to $6.2 million or $0.17 per diluted share a year prior. Adjusted EBITDA was $13.3 million, an improvement from $12.7 million. The company plans to open four to six new company-operated restaurants in 2023, along with eight to twelve new franchised locations.