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El Pollo Loco Holdings Inc (LOCO) Reports Mixed Fourth Quarter 2023 Results Amid Operational Changes [Yahoo! Finance]

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: Yahoo! Finance
Net income : Dropped to $4.4 million in Q4 2023 from $6.5 million in Q4 2022. Adjusted net income : Remained stable at $0.16 per diluted share in both Q4 2023 and Q4 2022. Share repurchase program : Authorized up to $20.0 million, with $7.4 million remaining after recent repurchases. New CEO appointment : Elizabeth Williams to take the helm on March 11, 2024. Debt and liquidity : Outstanding debt balance of $84.0 million with $7.3 million in cash and cash equivalents as of December 27, 2023. Warning! GuruFocus has detected 5 Warning Signs with LOCO. On March 7, 2024, El Pollo Loco Holdings Inc ( NASDAQ:LOCO ) released its 8-K filing , detailing the financial outcomes for the 13-week period ending December 27, 2023. The company, known for its fast-casual chicken restaurants, faced a challenging quarter with a mix of revenue decreases in company-operated restaurants and increases in franchise revenue. Financial Performance and Strategic Shifts El Pollo Loco's company-op Show less Read more
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