El Pollo Loco (LOCO) Tops Q2 EPS by 1c; Trims FY15 Outlook
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El Pollo Loco Holdings, Inc. Announces Second Quarter 2015 Financial Results
August 13, 2015 4:01 PM EDTCOSTA MESA, Calif., Aug. 13, 2015 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) today announced financial results for the 13-week period ended July 1, 2015.
Highlights for the second quarter ended July 1, 2015, compared to the second quarter ended June 25, 2014 were as follows:
Total revenue increased to $89.5 million compared to $86.9 million. System-wide comparable restaurant sales grew 1.3%, including a 0.5% decrease for company-operated restaurants, and a 2.6% increase for franchised restaurants. Net income was $7.2 million, or $0.18 per diluted share, compared to net income of $6.6 million, or $0.22 per diluted share. Pro forma net... More