El Pollo Loco (LOCO) Misses Q3 EPS by 7c

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El Pollo Loco Holdings, Inc. Announces Third Quarter 2022 Financial Results

November 3, 2022 4:05 PM EDT

COSTA MESA, Calif., Nov. 03, 2022 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 13-week period ended September 28, 2022

Highlights for the third quarter ended September 28, 2022 compared to the third quarter ended September 29, 2021 were as follows:

Total revenue was $119.9 million compared to $115.7 million.System-wide comparable restaurant sales(1) increased 3.8%.Income from operations was $6.9 million compared to $14.2 million.Restaurant contribution(1) was $12.8 million, or 12.4% of company-operated... More