El Pollo Loco Q2 Revenue Rises to $313.5M

Ticker: LOCO · Form: 10-Q · Filed: 2024-08-02T00:00:00.000Z

Sentiment: neutral

Topics: earnings, revenue, stock-repurchase

TL;DR

El Pollo Loco revenue up to $313.5M in H1 2024. Stock buybacks continue.

AI Summary

El Pollo Loco Holdings, Inc. filed its 10-Q for the period ending June 26, 2024. The company reported revenue of $313.5 million for the six months ended June 26, 2024, compared to $299.9 million for the same period in the prior year. The filing also details stock repurchase plans and equity transactions.

Why It Matters

This filing provides insight into El Pollo Loco's financial performance and strategic actions, which can influence investor decisions and market perception.

Risk Assessment

Risk Level: medium — The company operates in the competitive restaurant industry, which is subject to economic fluctuations and changing consumer preferences.

Key Numbers

Key Players & Entities

FAQ

What was El Pollo Loco's total revenue for the six months ended June 26, 2024?

El Pollo Loco's total revenue for the six months ended June 26, 2024, was $313,532,230.

How does the revenue for the six months ended June 26, 2024, compare to the same period in the prior year?

Revenue increased from $29,988,771 for the six months ended June 26, 2023, to $313,532,230 for the six months ended June 26, 2024.

What is the company's fiscal year end?

The company's fiscal year ends on December 25th.

What is the company's business address?

The business address is 3535 Harbor Boulevard, Suite 100, Costa Mesa, CA 92626.

Are there any stock repurchase plans mentioned in the filing?

Yes, the filing references a 'StockRepurchasePlan2022Member' with activity noted on dates including March 28, 2024, and June 26, 2024.

From the Filing

0001606366-24-000041.txt : 20240802 0001606366-24-000041.hdr.sgml : 20240802 20240802170817 ACCESSION NUMBER: 0001606366-24-000041 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 81 CONFORMED PERIOD OF REPORT: 20240626 FILED AS OF DATE: 20240802 DATE AS OF CHANGE: 20240802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: El Pollo Loco Holdings, Inc. CENTRAL INDEX KEY: 0001606366 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 203563182 STATE OF INCORPORATION: DE FISCAL YEAR END: 1225 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36556 FILM NUMBER: 241172061 BUSINESS ADDRESS: STREET 1: 3535 HARBOR BOULEVARD STREET 2: SUITE 100 CITY: COSTA MESA STATE: CA ZIP: 92626 BUSINESS PHONE: 7145995000 MAIL ADDRESS: STREET 1: 3535 HARBOR BOULEVARD STREET 2: SUITE 100 CITY: COSTA MESA STATE: CA ZIP: 92626 10-Q 1 loco-20240626x10q.htm 10-Q 0 0 0001606366 --12-25 2024 Q2 false true http://fasb.org/us-gaap/2024#RevenueFromContractWithCustomerIncludingAssessedTax http://fasb.org/us-gaap/2024#RevenueFromContractWithCustomerIncludingAssessedTax http://fasb.org/us-gaap/2024#RevenueFromContractWithCustomerIncludingAssessedTax http://fasb.org/us-gaap/2024#RevenueFromContractWithCustomerIncludingAssessedTax 31353223 29988771 P6M P1Y P1Y P1Y P1Y 2 P5Y P20Y P3Y 0.001 0.001 0001606366 loco:StockRepurchasePlan2022Member 2024-06-26 0001606366 loco:FsEquityPartnersVL.p.AndFsAffiliatesVL.pMember 2024-05-29 2024-05-29 0001606366 loco:StockRepurchasePlan2022Member 2024-03-28 2024-06-26 0001606366 loco:StockRepurchasePlan2022Member 2023-12-28 2024-06-26 0001606366 loco:FsEquityPartnersVL.p.AndFsAffiliatesVL.pMember 2023-12-04 2023-12-04 0001606366 us-gaap:RetainedEarningsMember 2024-06-26 0001606366 us-gaap:AdditionalPaidInCapitalMember 2024-06-26 0001606366 us-gaap:RetainedEarningsMember 2024-03-27 0001606366 us-gaap:AdditionalPaidInCapitalMember 2024-03-27 0001606366 2024-03-27 0001606366 us-gaap:RetainedEarningsMember 2023-12-27 0001606366 us-gaap:AdditionalPaidInCapitalMember 2023-12-27 0001606366 us-gaap:RetainedEarningsMember 2023-06-28 0001606366 us-gaap:AdditionalPaidInCapitalMember 2023-06-28 0001606366 us-gaap:RetainedEarningsMember 2023-03-29 0001606366 us-gaap:AdditionalPaidInCapitalMember 2023-03-29 0001606366 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-29 0001606366 2023-03-29 0001606366 us-gaap:RetainedEarningsMember 2022-12-28 0001606366 us-gaap:AdditionalPaidInCapitalMember 2022-12-28 0001606366 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-28 0001606366 us-gaap:CommonStockMember 2024-06-26 0001606366 us-gaap:CommonStockMember 2024-03-27 0001606366 us-gaap:CommonStockMember 2023-12-27 0001606366 us-gaap:CommonStockMember 2023-06-28 0001606366 us-gaap:CommonStockMember 2023-03-29 0001606366 us-gaap:CommonStockMember 2022-12-28 0001606366 loco:LoyaltyRewardProgramMember 2024-06-27 2024-06-26 0001606366 us-gaap:FranchiseMember 2028-12-21 2024-06-26 0001606366 us-gaap:FranchiseMember 2027-12-23 2024-06-26 0001606366 us-gaap:FranchiseMember 2026-12-24 2024-06-26 0001606366 us-gaap:FranchiseMember 2025-12-25 2024-06-26 0001606366 us-gaap:FranchiseMember 2024-12-26 2024-06-26 0001606366 us-gaap:FranchiseMember 2024-06-27 2024-06-26 0001606366 loco:HardwareServicesMember 2024-06-26 0001606366 us-gaap:ServiceMember 2024-03-28 2024-06-26 0001606366 us-gaap:FranchiseMember 2024-03-28 2024-06-26 0001606366 loco:FranchiseAdvertisingFeeMember 2024-03-28 2024-06-26 0001606366 us-gaap:ServiceMember 2023-12-28 2024-06-26 0001606366 loco:FranchiseAdvertisingFeeMember 2023-12-28 2024-06-26 0001606366 us-gaap:ServiceMember 2023-03-30 2023-06-28 0001606366 us-gaap:FranchiseMember 2023-03-30 2023-06-28 0001606366 loco:FranchiseAdvertisingFeeMember 2023-03-30 2023-06-28 0001606366 us-gaap:ServiceMember 2022-12-29 2023-06-28 0001606366 loco:FranchiseAdvertisingFeeMember 2022-12-29 2023-06-28 0001606366 srt:MaximumMember 2023-03-30 2023-06-28 0001606

View on Read The Filing