El Pollo Loco (LOCO) Reports In-Line Q2 EPS
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El Pollo Loco Holdings, Inc. Announces Second Quarter 2018 Financial Results
August 2, 2018 4:05 PM EDTCOSTA MESA, Calif., Aug. 02, 2018 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 13-week period ended June 27, 2018.
Highlights for the second quarter ended June 27, 2018, compared to the second quarter ended June 28, 2017 were as follows:
Total revenue, excluding franchise advertising fee revenue, increased 0.6% to $106.2 million compared to $105.6 million in the same period of 2017. Including $5.5 million of franchise advertising fee revenue related to franchise advertising fund contributions, required as part of new accounting guidance implementation, total revenue increased 5.7% to $111.6 million.System-wide... More
