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Stock impact report

5 Restaurant Stocks to Add to Your Portfolio as July Sales Rebound [Yahoo! Finance]

El Pollo Loco Holdings, Inc. (LOCO) 
Last el pollo loco holdings, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.elpolloloco.com/investor-relations
Company Research Source: Yahoo! Finance
The growth has somewhat slowed this year but the industry has still made a solid effort to hold its ground. Restaurant sales have climbed over the past few months, benefiting a large number of restaurant brands such as El Pollo Loco Holdings, Inc. LOCO, Meritage Hospitality Group Inc. MHGU, Potbelly Corporation PBPB, Texas Roadhouse, Inc. TXRH and Wingstop WING, which have seen positive earnings estimate revisions along with a favorable Zacks Rank. Restaurant Sales Grow on Ebbing Price Pressures The Commerce Department reported earlier this month that sales at U.S. bars and restaurants totaled $97.01 billion in July, up 0.4% from June's total of $96.6 billion. Year over year, restaurant sales grew 3.4% in July. Inflation has declined sharply and price pressures have eased over the past quarter. Consumers have lately been spending more freely as a result. This has seen sales rebounding over the past few months after a brief slowdown. However, the industry still faces several Show less Read more
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