Earnings ·
El Pollo Loco reports Q3 net income of $6.9M as system-wide comparable sales rise 5.0%
LOCOEl Pollo Loco Holdings, Inc.
El Pollo Loco Holdings reported third-quarter revenue of $126.3 million, up from $121.5 million in the prior year period. System-wide comparable restaurant sales increased by 5.0%, driven by a 4.0% rise in average check size and a 0.3% increase in transactions at company-operated locations. Net income was $6.9 million, or $0.23 per diluted share, compared to $7.4 million, or $0.25 per diluted share, in the year-ago quarter. Adjusted EBITDA came in at $17.1 million against $17.4 million previously. The company expects to open 25-30 new restaurants in 2027 and reiterated its full-year adjusted EBITDA guidance of $68 million to $70 million for fiscal 2026. El Pollo Loco operates a chain of fire-grilled chicken fast-casual restaurants across the United States.