Recent Updates — LOCO

El Pollo Loco Holdings, Inc. appointed Damon Thomas as Chief Operating Officer effective September 21, 2026. Mr. Thomas previously served as Senior Vice President of Operations at Shake Shack Enterprises. His compensation package includes an annual base salary of $425,000 and a target cash bonus equal to 75% of his base salary. He is eligible for an annual equity award valued at approximately $400,000 starting in 2027, along with a one-time grant worth approximately $500,000 subject to vesting conditions. Additionally, he received a $25,000 sign-on bonus and severance benefits equivalent to twelve months of base salary upon qualifying termination. The company operates in the quick-service restaurant industry.

El Pollo Loco Holdings, Inc. reported second quarter 2026 financial results for the period ended July 1, 2026. Total revenue increased to $129.6 million from $125.8 million in the prior year period. System-wide comparable restaurant sales grew by 3.9%, driven by a 4.2% increase in average check size at company-operated locations and a 4.5% increase at franchise locations. Net income rose to $12.8 million, or $0.43 per diluted share, compared to $7.1 million, or $0.24 per diluted share, previously. The improvement was largely attributable to a $6.3 million net gain from a legal settlement and reduced general and administrative expenses. The company raised its full-year 2026 adjusted EBITDA outlook to between $68 million and $70 million. El Pollo Loco operates as a quick-service restaurant chain specializing in fire-grilled chicken across the United States.