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Shares of El Pollo Loco Holdings (NASDAQ:LOCO) rose in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share rose 45.00% year over year to $0.29, which beat the estimate of $0.27.
Revenue of $121,985,000 higher by 22.47% year over year, which beat the estimate of $118,270,000.
Looking Ahead
El Pollo Loco Says Co Not Yet Providing Financial Outlook For FY21
Conference Call Details
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Date: Aug 05, 2021
Time: 04:30 PM
ET Webcast URL: https://viavid.webcasts.com/starthere.jsp?ei=1480237&tp_key=74aa3e223a
Recent Stock Performance
52-week high: $21.96
52-week low: $13.96
Price action over last quarter: Up 1.41%
Company Overview
El Pollo Loco Holdings Inc operates and franchises hundreds of fast-casual chicken restaurants in the United States. Restaurant locations are typically free-standing and include drive-thrus, and menus include many low-priced options. Poultry is the company's largest food cost, accounting for roughly 40% of total food and paper cost, and the company manages that commodity price risk by using multiple suppliers and entering supply contracts of varying lengths depending on market conditions.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.