El Pollo Loco posts 10% comp decline in 3Q

COSTA MESA Calif. High unemployment rates, particularly among Hispanics and within El Pollo Loco’s core markets throughout California, were blamed for the chain’s 10.1-percent decline in same-store sales for the third quarter. Same-store sales fell 9.1 percent at corporate locations and 11 percent at franchise stores. El Pollo Loco, based here, operates or franchises about 415 locations. Steve Carley, president and chief executive to parent company El Pollo Loco Inc., said the flame-grilled ...

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