El Pollo Loco (LOCO) Misses Q1 EPS by 1c, Comps Up 2.4%, Offers FY Guidance
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El Pollo Loco Holdings, Inc. Announces First Quarter 2019 Financial Results
May 2, 2019 4:06 PM EDTCOSTA MESA, Calif., May 02, 2019 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 13-week period ended March 27, 2019.
Highlights for the first quarter ended March 27, 2019, compared to the first quarter ended March 28, 2018 were as follows:
Total revenue increased 3.0% to $109.0 million compared to $105.8 million in the same period of 2018.System-wide comparable restaurant sales increased 2.4%, including a 1.5% increase for company-operated restaurants, and a 3.2% increase for franchised restaurants.Net income was $0.9 million, or $0.02 per diluted share,... More