Legal expense pushes El Pollo Loco to loss in 2Q

COSTA MESA Calif. El Pollo Loco Inc., the privately held operator-franchisor of 406 grilled-chicken restaurants, swung to a net loss in its second quarter as a $10.7 million legal settlement and higher commodity costs erased the chain’s sales gains.   For the quarter ended June 30, El Pollo Loco posted a net loss of $5.6 million, compared with profit of $1.4 million a year ago.     Latest quarter revenue rose 9.6 percent to $76.4 million and reflected 15 new ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!

Already registered? here

Please or Register to post comments.

Free eNewsletters! 
Want the latest in the world of foodservice news & trends? 
Check out our e-newsletters