El Pollo Loco (LOCO) Tops Q1 EPS by 5c, Withdraws Guidance

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El Pollo Loco Holdings, Inc. Announces First Quarter 2020 Financial Results

April 30, 2020 4:05 PM EDT

COSTA MESA, Calif., April 30, 2020 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 13-week period ended March 25, 2020 and provided a business update on the impact of the COVID-19 pandemic.

Highlights for the first quarter ended March 25, 2020, compared to the first quarter ended March 27, 2019 were as follows:

Total revenue was $105.2 million compared to $109.0 million.System-wide comparable restaurant sales decreased 1.5%, including a 0.7% decrease for company-operated restaurants, and a 2.2%... More