Actionable news
0
All posts from Actionable news
Actionable news in LOCO: EL POLLO LOCO HOLDINGS Inc,

El Pollo Loco heats up on positive earnings results

More
David Livingston | Getty Images. El Pollo Loco gained 4 percent Friday after its second quarter results were stronger than analysts expected.

Tex-Mex food chain El Pollo Loco (LOCO) gained nearly 3 percent Friday after its second quarter results were stronger than analysts expected.

El Pollo Loco's system-wide comparable restaurant sales grew 2.4 percent including a 2.7 percent increase at franchise restaurants.

The restaurant chain beat estimates by a penny with adjusted quarterly profit of 19 cents per share. The company's quarterly revenues of $97 million were in line with forecasts, as was its full year earnings guidance.

On the...


More