El Pollo Loco (LOCO) Tops Q1 EPS by 1c; Guides In-Line
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El Pollo Loco Holdings, Inc. Announces First Quarter 2015 Financial Results
May 14, 2015 4:01 PM EDTCOSTA MESA, Calif., May 14, 2015 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 13-week ended April 1, 2015.
Highlights for the first quarter ended April 1, 2015, compared to the first quarter ended March 26, 2014 were as follows:
Total revenue increased 11.1% to $90.4 million compared to $81.4 million. System-wide comparable restaurant sales grew 5.1%, including a 3.5% increase for company-operated restaurants, and a 6.2% increase for franchised restaurants. Net income was $6.8 million, or $0.17 per diluted share, compared to net income of $5.5 million, or $0.18 per diluted share. Pro forma net income(1)... More