California fast food wage hike has had detrimental impact, puts businesses in 'jeopardy,' critic says [FOX Business Network]
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: FOX Business Network
California Gov. Gavin Newsom's successful push to hike the minimum wage for many of the state's fast food workers is having a devastating impact on businesses, who have been forced to cut labor costs to survive, critics say. Prices at major brands like Chipotle, McDonald's and other fast food giants have increased in a move to keep up with the $20 per hour workers have been paid since the new wage went into effect on April 1. The rule impacts restaurants that have at least 60 locations nationwide, except those that make and sell their own bread. The California Business and Industrial Alliance (CABIA) said nearly 10,000 jobs have been cut across fast food restaurants since Newsom signed California Assembly Bill 1287 into law last year. To highlight what it says are the unintended consequences of the law, CABIA has taken out an ad in Thursdsay's statewide edition of USA Today with mock "obituaries" of popular fast food brands. It highlights multiple restaurants that have had to r
Show less
Read more
Impact Snapshot
Event Time:
LOCO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LOCO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LOCO alerts
High impacting El Pollo Loco Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
LOCO
News
- El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Shares Could Be 32% Below Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance
- Businesses 'fed up' with California's minimum wage hike as prices soar, thousands forced out of work [FOX Business Network]FOX Business Network
- Are Investors Undervaluing El Pollo Loco (LOCO) Right Now? [Yahoo! Finance]Yahoo! Finance
- El Pollo Loco Holdings, Inc. (NASDAQ: LOCO) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- California fast food wage hike has had detrimental impact, puts businesses in 'jeopardy,' critic says [Yahoo! Finance]Yahoo! Finance
LOCO
Earnings
- 5/2/24 - Beat
LOCO
Sec Filings
- 6/18/24 - Form 144
- 6/3/24 - Form 8-K
- 6/3/24 - Form 144
- LOCO's page on the SEC website