El Pollo Loco (LOCO) Bullish Stance Reiterated at Jefferies Post Q4
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El Pollo Loco Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2014 Financial Results
March 12, 2015 4:01 PM EDTCOSTA MESA, Calif., March 12, 2015 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 14-week and 53-week periods ended December 31, 2014.
Highlights for the 14-week fourth quarter ended December 31, 2014, compared to the 13-week fourth quarter ended December 25, 2013 were as follows:
Total revenue was $90.0 million compared to $76.2 million. On a comparable 13-week basis, total revenue increased 11.9%. System-wide comparable restaurant sales grew 7.6%, including a 6.4% increase for company-operated restaurants, and an 8.6% increase for franchised restaurants. Net income was $4.6 million, or $0.12 per diluted share,... More