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0 0 0.00107913669064752 0.000719424460431639 -0.000719424460431639 0.00359712230215832 0.00359712230215832 0.00359712230215832
Stock impact report

Philz Coffee reverses Pride flag removal policy after backlash [USA TODAY]

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: USA TODAY
Pride flags will be on display at Philz Coffee cafes again after the chain's CEO, Mahesh Sadarangani, reversed the company's new policy requiring all locations to remove a "variety of flags and other decor" to promote an "inclusive experience" for customers. On Friday, April 17, Sadarangani announced that the company would reverse its decision after he held a series of "meaningful" conversations with staff and San Francisco Pride Executive Director Suzanne Ford. “I made a mistake, and I am sincerely sorry," said Sadarangani in a press release. "To our Team Members, to our customers, and to the LGBTQIA+ community that has been with us since the very beginning, the confusion and hurt we caused around our new policy for Pride flags failed you.” "The Pride flag is a symbol of safety and belonging for people who don't always find that in the world, and that is not something I want to take away from anyone who walks into a Philz," he added. When the new policy was first announced i Show less Read more
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