El Pollo Loco (LOCO) Tops Q4 EPS by 2c, Offers FY Guidance
El Pollo Loco (NASDAQ: LOCO) reported Q4 EPS of $0.18, $0.02 better than the analyst estimate of $0.16. Revenue for the quarter came in at $107.5 million versus the consensus estimate of $107.38 million.
- System-wide comparable restaurant sales increased 3.9%, including a 4.3% increase for company-operated restaurants, and a 3.6% increase for franchised restaurants.
GUIDANCE:
El Pollo Loco sees FY2020 EPS of $0.75-$0.80, versus the consensus of $0.80.
- System-wide comparable restaurant sales growth of approximately 2.0% to 4.0%;
- The opening of 3-4 new company-owned restaurants and 5-8 new franchised restaurants;
- Restaurant contribution margin of 18.0% to 18.7%;
- G&A expenses of between 8.5% and 8.8% of total revenue excluding legal fees related to securities related litigation;
- Pro forma income tax rate of 26.5%; and
- Adjusted EBITDA of between $61.0 and $64.0 million.
For earnings history and earnings-related data on El Pollo Loco (LOCO) click here.
