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Stock impact report

El Pollo Loco Holdings, Inc. Provides Business Update in Light of COVID-19 Pandemic

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: GlobeNewswire
COSTA MESA, Calif., April 08, 2020 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. (Nasdaq: LOCO) (the “Company”) today provided a business update and announced a series of actions the Company is taking to navigate the COVID-19 global pandemic.  The primary goal of the Company’s actions is to ensure the safety of its employees, franchisees and customers while continuing to provide a valued service to its communities during these unprecedented times. System-wide comparable restaurant sales for the first quarter ended March 25, 2020 decreased 1.5%. Through the end of February, system-wide and company-operated comparable restaurant sales increased 3.7% and 4.2%, respectively, and included positive transaction growth. The vast majority of El Pollo Loco restaurants are operating on a take-away, mobile pick-up and delivery basis only, as well as maintaining drive-thru operations where available, in light of the government-mandated closures to our dining rooms.  Off-premise dining h Show less Read more
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