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Stock impact report

El Pollo Loco Signs New Territory Agreements for Northern Colorado, New Mexico and El Paso, Texas to Continue Brand Expansion

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 09, 2023 (GLOBE NEWSWIRE) -- El Pollo Loco, Inc. (“El Pollo Loco” or “Company”) (Nasdaq: LOCO), the nation’s leading fire-grilled chicken restaurant chain, announced during the most recent earnings call on May 4, 2023, the signing of three (3) new development agreements covering territories in Northern Colorado, New Mexico and El Paso, TX. A deal has been signed with MEQ EPL, LLC (www.masseq.com), a company with diverse investments across key western U.S. real estate markets, for the development of 10 units over 8 years. The first restaurants are due by December 2024 for Larimer County and portions of Boulder, Broomfield and Weld Counties in Northern Colorado. The second deal was signed with CB Pollo NM 1 and CB Pollo Tx 1 for the development of 9 units in New Mexico, with the first due November 2024, and 7 units in the El Paso, TX DMA with the first due May 2025. The Company does not currently have restaurants in these territories. Mass Equities Founder and Show less Read more
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