El Pollo Loco (LOCO) Tops Q2 EPS by 15c
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El Pollo Loco Holdings, Inc. Announces Second Quarter 2020 Financial Results
July 30, 2020 4:05 PM EDTCOSTA MESA, Calif., July 30, 2020 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 13week period ended June 24, 2020 and provided a business update on the impact of the COVID19 pandemic.
Highlights for the second quarter ended June 24, 2020, compared to the second quarter ended June 26, 2019 were as follows:
Total revenue was $99.6 million compared to $113.7 million.System-wide comparable restaurant sales decreased 9.7%, including an 8.5% decrease for company-operated restaurants, and a 10.6% decrease for franchised restaurants.Net income was $5.5... More