Hotels, Restaurants and Leisure
Company Overview of El Pollo Loco, Inc.
El Pollo Loco, Inc. develops, franchises, and operates a chain of restaurants in Arizona, California, Nevada, Texas, and Utah. It provides family chicken meals, individual chicken meals, bowls and salads, chicken burritos, starters, snacks, sides, desserts, drinks, salads, soups, tacos, and quesadillas. The company also offers catering services. The company was founded in 1975 and is based in Costa Mesa, California. El Pollo Loco, Inc. operates as a subsidiary of EPL Intermediate, Inc.
3535 Harbor Boulevard
Costa Mesa, CA 92626
Founded in 1975
Key Executives for El Pollo Loco, Inc.
Chief Executive Officer, President and Director
Chief Financial Officer and Treasurer
Vice President of Human Resources and Training
Vice President of Development
Compensation as of Fiscal Year 2015.
El Pollo Loco, Inc. Key Developments
El Pollo Loco Opens New Restaurant in Houston, TX
Dec 29 15
El Pollo Loco opened it newest location in Houston, TX. The new restaurant located in the Memorial area at 1108 Silber Road is the 8th location to open in the Houston market and 18th to open in the state of Texas. The 2,973 square foot restaurant has seating for 72 guests and incorporates the brand's hacienda design which features an open kitchen layout designed for customers to watch El Pollo Loco's signature chicken as it's being grilled. The restaurant is open seven days a week from 10 a.m. to 10 p.m. with drive-thru service concluding at 11 p.m.
El Pollo Loco, Inc. Presents at Morgan Stanley, Global Consumer and Retail Conference 2015, Nov-18-2015 02:20 PM
Oct 22 15
El Pollo Loco, Inc. Presents at Morgan Stanley, Global Consumer and Retail Conference 2015, Nov-18-2015 02:20 PM. Venue: Crown Plaza Times Square, New York, New York, United States. Speakers: Laurance Roberts, Chief Financial Officer and Treasurer, Stephen J. Sather, Chief Executive Officer, President and Director.
El Pollo Loco Reports Earnings Results for the Second Quarter Ended July 1, 2015; Provides Earnings Guidance for the Full Year 2015
Aug 13 15
El Pollo Loco reported earnings results for the second quarter ended July 1, 2015. For the quarter, total revenue increased to $89.5 million from $86.9 million in the second quarter of 2014. Increase was largely driven by growth in company-operated restaurant sales, which rose 2.7% in the second quarter to $83.6 million. The company reported net income of $7.2 million or $0.18 per diluted share compared to net income of $6.6 million or $0.22 per diluted share in the year-ago period. Pro forma net income for the quarter was $7.4 million as compared to $6.1 million in the second quarter of last year. Pro forma diluted earnings per share were $0.19 for the second quarter this year compared to $0.16 in the prior year period.
The company provided earnings guidance for the full year 2015. For the full year, the company continues to expect depreciation, amortization expense to be between 3.7% and 3.9% of company revenue. The company still expect its capital expenditures to total $34 million to $37 million for the full year 2015. The company is retaining its 2015 pro forma diluted net income per share expectation of $0.67 to $0.71, which now includes a $0.02 per share benefit resulting from capitalizing development cost directly attributable to remodels and building new restaurants. This compares to pro forma diluted net income per share of $0.55 in 2014, which included an estimated $0.01 per share positive impact due to a 53rd week. The company expects adjusted EBITDA of between $65 million and $67 million, and it is using a pro forma income tax rate of 41%.
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