El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Q1 2022 Earnings Conference Call May 4, 2022 4:30 PM ET Company Participants Larry Roberts - Chief Executive Officer & Interim Chief Financial Officer Conference Call Participants Jake Bartlett - Truist Securities Andy Barish - Jefferies Sharon Zackfia - William Blair David Tarantino - Baird Todd Brooks - The Benchmark Company Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the El Pollo Loco First Quarter 2022 Earnings Conference ...

El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Q4 2021 Earnings Conference Call March 10, 2022 4:30 PM ET Company Participants Laurance Roberts - Chief Executive Officer and Interim Chief Financial Officer Conference Call Participants Jack Corrigan - Truist Securities David Tarantino - Robert W. Baird and Company Andy Barish - Jefferies Group, LLC Operator Good day, ladies and gentlemen, thank you for standing by. Welcome to the El Pollo Loco Fourth Quarter 2021 Earnings Conference Call. At this time, all parti ...

El Pollo Loco, Inc. (NASDAQ:LOCO) Q3 2021 Earnings Conference Call November 4, 2021 4:30 PM ET Company Participants Larry Roberts - Interim Chief Executive Officer and Chief Financial Officer Conference Call Participants Andy Barish - Jefferies Jack Corrigan - Truist Securities Drew North - Baird Sharon Zackfia - William Blair Operator Good day, ladies and gentlemen and thank you for standing by. Welcome to the El Pollo Loco Third Quarter 2021 Earnings Conference Call. At this time, all participants have be ...

Financial Data and Key Metrics Changes - Total revenue increased by 22.5% to $122 million compared to $99.6 million in Q2 2020 [19] - Company-operated restaurant revenue increased by 22% to $107 million compared to $87.7 million in the same period last year [19] - GAAP net income was $8.8 million or $0.24 per diluted share, compared to $5.5 million or $0.16 per diluted share in the prior year [23] Business Line Data and Key Metrics Changes - System-wide comparable restaurant sales increased by 21% in Q2 2021, with a two-year growth of 14.8% [6][7] - Company-operated comparable restaurant sales increased by 16.4%, driven by a 0.4% increase in average check and a 15.9% improvement in transactions [19] - Franchise revenue increased to $8.4 million from $6.7 million in the prior year, driven by a 24.5% increase in franchise comparable restaurant sales [20] Market Data and Key Metrics Changes - Dine-in traffic currently accounts for 8% to 9% of transactions, still below pre-COVID levels, indicating potential for continued sales growth [9] - The LA market has shown improvement, with system comparable sales exceeding outer markets by 150 basis points in June [8] Company Strategy and Development Direction - The company aims to expand its brand in new geographies through franchise agreements, with a recent four-unit development agreement in Denver [13] - Focus on enhancing off-premise business, including a free delivery promotion that doubled system dispatch sales [11] - The company is committed to sustainability by eliminating styrofoam from its operations, which will significantly reduce waste [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about continued sales growth, particularly in the LA market, as dine-in traffic gradually increases [8][28] - The company anticipates labor cost pressures in the second half of the year due to wage inflation and increased hiring efforts [14][36] - Management is cautious about providing full-year guidance due to ongoing labor and supply chain challenges [25][52] Other Important Information - The company is applying for employee retention credits, which may benefit results in the second half of the year [24] - Capital spending for 2021 is expected to be in the range of $20 million to $25 million [19] Q&A Session Summary Question: Current sales trends and drivers - Management noted that dine-in business is gradually improving but may not return to pre-COVID levels due to changes in consumer behavior [28] Question: Planned price increase details - The anticipated price increase is expected to be in the range of 2% to 3% [30] Question: Labor cost pressure and inflation - Wage inflation is expected to be around 4.5% to 5%, with additional costs for training and retention [36] Question: Menu newness and marketing strategies - Management is optimistic about new product launches in the fall, while also focusing on existing products to drive sales [41] Question: Sales momentum and future expectations - Management is bullish on sales momentum and believes strong same-store sales growth can be sustained [44] Question: Labor hours and efficiency - Labor hours are expected to increase as transactions grow, with no significant efficiencies identified yet [60]

El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Q1 2021 Earnings Conference Call May 6, 2021 4:30 PM ET Company Participants Larry Roberts - Chief Financial Officer Bernard Acoca - President & Chief Executive Officer Conference Call Participants Andy Barish - Jefferies Operator Good day, ladies and gentlemen. And thank you for standing by. Welcome to the El Pollo Loco First Quarter 2021 Earnings Conference Call. At this time, all participants have been placed in listen-only mode and the lines will be open for yo ...