El Pollo Loco (LOCO) Tops Q1 EPS by 1c; Guides In-Line

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Jefferies Would Buy El Pollo Loco (LOCO) on Pullback; Marketing, Store Expansion to Drive LT Growth

May 15, 2015 8:57 AM EDT

Jefferies affirms El Pollo Loco (Nasdaq: LOCO) at Buy with a price target of $27 following Q1 results reported Thursday night.

Analyst Andy Barish noted that LOCO's Q1 EPS of $0.18 topped the consensus of $0.17 on a slight sales beat. Comparable-store sales gains of 3.5 percent missed consensus expectations calling for a 5 percent... More