El Pollo Loco reports Q4 adjusted EPS 16c, consensus 16c

Reports Q4 revenue $112.25M, consensus $109.07M. System-wide comparable restaurant sales increased 0.9%. Maria Hollandsworth, president and COO of El Pollo Loco Holdings, Inc., stated, “We are pleased with the progress our team has made during the fourth quarter as they execute against our initiatives geared toward top-line growth and profitability improvements. As we look into 2024, we aim to lean into what makes El Pollo Loco unique – our one-of-a-kind, better-for-you marinated flame grilled chicken that delivers a truly special flavor that our customers crave. Through menu innovations, marketing initiatives and renewed focus on four-wall operational excellence, we will build upon the foundation we have laid down last year to unlock the immense potential we have ahead of us.”