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

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El Pollo Loco (LOCO) Tops Q3 EPS by 6c

October 29, 2020 4:44 PM EDT

El Pollo Loco (NASDAQ: LOCO) reported Q3 EPS of $0.28, $0.06 better than the analyst estimate of $0.22. Revenue for the quarter came in at $111 million versus the consensus estimate of $112.18 million.

System-wide comparable restaurant sales increased 1.8%, including a 0.2% increase for company-operated restaurants, and a 3.0% increase for franchised restaurants.

Bernard Acoca, President and Chief Executive Officer of El Pollo Loco Holdings, Inc., stated, Our third quarter results included a return to positive system-wide comparable sales and a continuation of improved... More