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El Pollo Loco: Although Emptier, Q3 Brought Cost Efficiency To Pollo Loco
Seeking Alpha· 2024-11-06 11:26
We are experiencing the ' Fast-Food Exodus '. Both the value scores and the traffic data are leading us to this conclusion. With the crushing inflation that exceeded two or evenI'm an Equity Analyst and Accountant specializing in restaurant stocks, with a strong foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. market. Our co ...
Down -10.08% in 4 Weeks, Here's Why El Pollo Loco (LOCO) Looks Ripe for a Turnaround
ZACKS· 2024-11-05 15:36
Core Viewpoint - El Pollo Loco Holdings (LOCO) has experienced significant selling pressure, resulting in a 10.1% decline over the past four weeks, but analysts anticipate better earnings than previously expected, indicating potential for recovery [1]. Group 1: Stock Performance and Technical Analysis - LOCO's stock is currently in oversold territory with a Relative Strength Index (RSI) reading of 25.77, suggesting a possible reversal in trend [5]. - The stock's price has been under pressure, but the heavy selling appears to be exhausting, indicating a potential return to equilibrium in supply and demand [5]. - The consensus EPS estimate for LOCO has increased by 3.3% over the last 30 days, which typically correlates with price appreciation in the near term [5]. Group 2: Analyst Ratings and Market Position - LOCO holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the stock's potential for a turnaround [6].
What Makes El Pollo Loco (LOCO) a New Buy Stock
ZACKS· 2024-11-04 18:01
Core Viewpoint - El Pollo Loco Holdings (LOCO) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for El Pollo Loco is projected at $0.81 per share for the fiscal year ending December 2024, reflecting a year-over-year increase of 14.1% [9]. - Over the past three months, the Zacks Consensus Estimate for El Pollo Loco has risen by 0.8%, indicating a trend of increasing earnings estimates [9]. Zacks Rating System - The Zacks rating system is based on changes in earnings estimates, which are crucial for predicting near-term stock price movements [2][3]. - The system classifies stocks into five groups, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [8]. - El Pollo Loco's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [11].
El Pollo Loco(LOCO) - 2024 Q3 - Quarterly Report
2024-11-01 21:22
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 25, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36556 EL POLLO LOCO HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 20-356 ...
El Pollo Loco (LOCO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-31 23:31
El Pollo Loco Holdings (LOCO) reported $120.4 million in revenue for the quarter ended September 2024, representing no change year over year. EPS of $0.21 for the same period compares to $0.19 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $123.11 million, representing a surprise of -2.20%. The company delivered an EPS surprise of +23.53%, with the consensus EPS estimate being $0.17.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...
El Pollo Loco Holdings (LOCO) Tops Q3 Earnings Estimates
ZACKS· 2024-10-31 22:31
El Pollo Loco Holdings (LOCO) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.53%. A quarter ago, it was expected that this Tex-Mex fast food chain would post earnings of $0.21 per share when it actually produced earnings of $0.26, delivering a surprise of 23.81%.Over the last four ...
El Pollo Loco(LOCO) - 2024 Q3 - Quarterly Results
2024-10-31 20:11
Exhibit 99.1 El Pollo Loco Holdings, Inc. Announces Third Quarter 2024 Financial Results COSTA MESA, CA – October 31, 2024 – El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 13-week period ended September 25, 2024. Highlights for the third quarter ended September 25, 2024 compared to the third quarter ended September 27, 2023 were as follows: ● Total revenue was $120.4 million in both periods. ● System-wide comparable restaurant sales (1) increased by 2.7%. ● Income from ...
El Pollo Loco Holdings, Inc. Announces Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-10-31 20:05
COSTA MESA, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 13-week period ended September 25, 2024. Highlights for the third quarter ended September 25, 2024 compared to the third quarter ended September 27, 2023 were as follows: Total revenue was $120.4 million in both periods.System-wide comparable restaurant sales(1) increased by 2.7%.Income from operations was $10.1 million compared to $13.7 million.Restaurant contribution( ...
El Pollo Loco Unveils Iconic New Restaurant Design and Eyes Significant Expansion as the Brand Approaches 50th Anniversary
GlobeNewswire News Room· 2024-10-29 18:42
COSTA MESA, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- El Pollo Loco, the nation's premier fire-grilled chicken restaurant chain, today unveiled their new Iconic restaurant prototype showcasing an enduring, yet modern and efficient design. As the brand approaches its 50th anniversary next year, they look to create a modern legacy of curated experiences, inspired by place and punctuated by new menu innovation. While the new restaurant prototype includes existing brand elements - such as the fire stack gradien ...
El Pollo Loco Now Offering Two Tacos for only $5 Every Tuesday
GlobeNewswire News Room· 2024-10-28 23:45
Group 1 - El Pollo Loco launches a Taco Tuesday promotion offering two tacos for $5 starting October 29, 2024, valid every Tuesday until December 31, 2024 [3][5] - Loco Rewards Members can enjoy three tacos for $5, with membership providing additional benefits such as earning points and exclusive offers [3][5] - The promotion is available at participating locations, with pricing and participation potentially varying by location [4] Group 2 - El Pollo Loco is recognized as the leading fire-grilled chicken restaurant chain in the U.S., known for its flavorful and healthier menu options [2][5] - The company operates over 495 restaurants across seven U.S. states and has ten licensed locations in the Philippines [5] - El Pollo Loco emphasizes inclusivity and community, with a workforce of over 4,000 employees [5]