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Stock impact report

El Pollo Loco Holdings, Inc. Announces First Quarter 2023 Financial Results

El Pollo Loco Holdings, Inc. (LOCO) 
Last el pollo loco holdings, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.elpolloloco.com/investor-relations
Company Research Source: GlobeNewswire
COSTA MESA, Calif., May 04, 2023 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 13-week period ended March 29, 2023 Highlights for the first quarter ended March 29, 2023 compared to the first quarter ended March 30, 2022 were as follows: Total revenue was $114.5 million compared to $110.0 million.System-wide comparable restaurant sales(1) increased 0.8%.Income from operations was $7.8 million compared to $3.3 million.Restaurant contribution(1) was $14.7 million, or 15.0% of company-operated restaurant revenue, compared to $9.7 million, or 10.3% of company-operated restaurant revenue.Net income was $4.9 million, or $0.13 per diluted share, compared to net income of $2.1 million, or $0.06 per diluted share.Adjusted net income(1) was $4.9 million, or $0.14 per diluted share, compared to $2.6 million, or $0.07 per diluted share.Adjusted EBITDA(1) was $12.2 million, compared to $8.5 million. (1)System-wide comparable restaurant Show less Read more
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