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June 24, 2014
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El Pollo Loco Shares Plunge
Shares in Costa Mesa-based El Pollo Loco Holdings Inc. fell sharply following its quarterly report, declining more than 15% Friday and dipping below a $500 million market cap.
El Pollo Loco 3Q Sales, Profit Rise
El Pollo Loco Holdings Inc. (Nasdaq: LOCO) in Costa Mesa reported third quarter net income of $6.8 million on revenue of $106.7 million, compared with a loss of $4 million on revenue of $101.2 million in the same period a year ago.
El Pollo Loco $8.8M Judgment Confirmed
Costa Mesa-based El Pollo Loco Holdings Inc. must pay $8.8 million to franchisees who sued the fast food chicken chain when it opened corporate stores near their location, a Los Angeles Superior Court judge said.
El Pollo Loco Revenue Up, Beats Street
El Pollo Loco Holdings Inc. (Nasdaq: LOCO) in Costa Mesa said revenue in its most recent quarter grew about 1% year-over-year to $101 million and net income declined 49% to $2.5 million; pro forma net income, a non-GAAP measure, increased 9% to $6.7 million.
El Pollo Loco Revenue Up
El Pollo Loco Holdings Inc. (Nasdaq: LOCO) in Costa Mesa earned 11 cents a share in its most recent quarter on revenue of $95.2 million, up 3%; analysts expected earnings of 10 cents a share.
El Pollo Loco Expands Delivery
El Pollo Loco Holdings Inc. (Nasdaq: LOCO) in Costa Mesa expanded delivery service, the second OC-based restaurant operator to do so in the last month.
El Pollo Loco Q3 Mixed
El Pollo Loco Holdings Inc. in Costa Mesa reported a net loss of $4 million on revenue of about $101 million in its most recent quarter, compared with net income of about $5 million on revenue of $96 million last year.
El Pollo Loco Q1 Mixed
El Pollo Loco Holdings Inc. in Costa Mesa earned net income of about $5 million on revenue of about $100 million in its first quarter.
El Pollo Loco Cuts Franchise Fees
El Pollo Loco Holdings Inc. in Costa Mesa will lower initial franchise fees and cut the royalty rates it charges franchisees to boost growth.
El Pollo Loco Grows Texas Deal
El Pollo Loco said a Texas franchisee has agreed to nearly triple the number of units the local operator will open.
El Pollo Loco Enters Louisiana
El Pollo Loco Holdings Inc. in Costa Mesa has signed a franchise development deal with Listo Way Group LLC to enter the Louisiana market.
El Pollo Loco Signs Tucson Franchisee
Costa Mesa-based El Pollo Loco Holdings Inc. signed PLM Restaurants LC in Ogden, Utah to open six new sites in Tucson, Ariz., by August 2019, and to buy the chain’s two existing company-owned sites there.
El Pollo Loco Signs Tucson Franchisee
Costa Mesa-based El Pollo Loco Holdings Inc. signed PLM Restaurants LC in Ogden, Utah to open six new sites in Tucson, Ariz., by August 2019, and to buy the chain’s two existing company-owned sites there.
El Pollo Loco Cuts Outlook
Costa Mesa-based El Pollo Loco Holdings Inc. reported mixed results in its most recent quarter and cut its full-year outlook on earnings and same-store sales.
El Pollo Loco Maps North Texas
Costa Mesa-based El Pollo Loco Holdings Inc. has chosen the first six sites to start its expansion into North Texas next year, a news report said.
El Pollo Loco Down on Revenue Miss
Costa Mesa-based El Pollo Loco Holdings Inc. shares fell more than 18% in midday trading after the company reported quarterly revenue yesterday that was below analyst expectations.
El Pollo Loco Plans Six More in Utah
Costa Mesa-based El Pollo Loco Holdings Inc.’s signed its system’s largest franchisee to open six restaurants in Utah by 2018.
El Pollo Loco Sets Dallas Plan
El Pollo Loco said it plans at least 20 restaurants for a previously announced expansion into Dallas, to include seven franchised by an affiliate of local family office, Henry Investment Group.
El Pollo Loco Down on Comps, Guidance
Shares in Costa Mesa-based El Pollo Loco Holdings Inc. fell about 11% in after-hours trading as same store sales growth slowed and the fast food chicken chain offered tepid full-year earnings guidance.
El Pollo Loco to Enter Dallas
Costa Mesa-based El Pollo Loco Holdings Inc. plans to enter the Dallas market in 2016, part of an expansion plan that calls for growth to a mix of about 40 franchised and company-owned restaurants in Texas over the next several years.
El Pollo Loco Up on Q4 Results
Shares in Costa Mesa-based El Pollo Loco Holdings Inc. are up about 14% in midday trading to a market cap of $1 billion on positive quarterly and annual numbers delivered after markets closed yesterday.
El Pollo Loco Plans to Expand in Utah
Costa Mesa-based El Pollo Loco Holdings Inc. said a group of Southern California franchisees have agreed to open five locations in the Salt Lake City market by 2018.
El Pollo Loco a Takeover Target?
Costa Mesa-based El Pollo Loco Holdings Inc. has been mentioned as a possible takeover target after news reports that a Philippines-based restaurant company is shopping for a U.S.-based regional fast food chain worth at least $1 billion.
El Pollo Loco Closes $200M Debt Deal
Costa Mesa-based El Pollo Loco Holdings Inc. said today it closed on a new $200 million lending agreement that cuts its interest costs by about $7 million a year.
El Pollo Loco Lock-Up Date Waived
Costa Mesa-based El Pollo Loco Holdings Inc. said insiders will be able to sell 6 million shares as early as Wednesday, November 19, after a “lock-up” date was waived by the lead managers of its initial public offering in July.
El Pollo Loco Insiders to Sell 6M Shares
El Pollo Loco insiders plan to sell 6 million shares, according to a U.S. Securities and Exchange Commission filing yesterday.
El Pollo Loco Sales Up, Revs In Line
Costa Mesa-based El Pollo Loco Holdings Inc. reported higher same-store sales and revenues in line with analysts' expectations.
El Pollo Loco Parent Reports Higher Earnings in Q2
Costa Mesa-based El Pollo Loco Holdings Inc. reported net income of $6.6 million and 21 cents per share for its second quarter ended June 25, 2014, compared to $410,000, or 1 cent per diluted share in the same period last year.
El Pollo Loco Signs for 20 Units in Texas
Costa Mesa-based grilled chicken chain El Pollo Loco Inc. has signed a multibrand operator to develop 20 franchised locations in Houston and San Antonio.
El Pollo Loco Stock Debuts Strong
El Pollo Loco’s IPO started on a strong note with a price at the top of its range and a 48% jump by midday.
El Pollo Loco Sets IPO Price
Costa Mesa-based El Pollo Loco Holdings Inc. has set the terms for its planned IPO, according to reports.
El Pollo Loco Files Plans for $100M IPO
Costa Mesa-based restaurant chain El Pollo Loco Holdings Inc. has filed plans for a $100 million initial public offering.
El Pollo Loco Files Plans for $100M IPO
Costa Mesa-based restaurant chain El Pollo Loco Holdings Inc. has filed plans for a $100 million initial public offering.