Dave's Hot Chicken investors bet on birria with national franchise expansion plan [MSNBC.com]
El Pollo Loco Holdings, Inc. (LOCO)
Last el pollo loco holdings, inc. earnings: 4/30 04:05 pm
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Source: MSNBC.com
Key PointsMike's Red Tacos, based in San Diego, is best known for its birria tacos, but its menu features more than just the buzzy regional Mexican food.Source: Mike's Red TacosThe restaurant investors behind the success ofMike's Red Tacos, a San Diego-basedFinancial terms of their investment, which took place in early 2025, were not disclosed."We just saw that this was a brand and a concept that really had legs to it," Phelps told CNBC. "And then the critical thing is, we brought down prospective franchisees. ... Everyone gave it the thumbs up."Phelps said he had never heard of birria before Feghali introduced him to Mike's.Traditional birria is a beef or goat stew, slow cooked with spices and chiles to give the meat lots of flavor. Birria tacos, like those sold at Mike's, use the slow-cooked meat as a filling and usually include a consomme on the side as a dip for the taco. That's more than quadruple its menu penetration four years ago, based on the firm's data, but there's still a
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LOCO
News
- Dave's Hot Chicken investors bet on birria with national franchise expansion plan [CNBC]CNBC
- With 67% institutional ownership, El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) is a favorite amongst the big guns [Yahoo! Finance]Yahoo! Finance
- El Pollo Loco® Adds Shrimp to Lineup of Limited Time Baja Double TostadasGlobeNewswire
- 3 Profitable Stocks We're Skeptical Of [Yahoo! Finance]Yahoo! Finance
- Chicken concept El Pollo Loco adds Domino's executive to the board [Yahoo! Finance]Yahoo! Finance
LOCO
Earnings
- 10/30/25 - Beat
LOCO
Sec Filings
- 1/28/26 - Form 8-K
- 1/6/26 - Form 3
- 1/6/26 - Form 3
- LOCO's page on the SEC website