El Pollo Loco (LOCO) Tops Q4 EPS by 2c, Offers FY Guidance

El Pollo Loco (NASDAQ: LOCO) reported Q4 EPS of $0.18, $0.02 better than the analyst estimate of $0.16. Revenue for the quarter came in at $107.5 million versus the consensus estimate of $107.38 million.

• System-wide comparable restaurant sales increased 3.9%, including a 4.3% increase for company-operated restaurants, and a 3.6% increase for franchised restaurants.

GUIDANCE:

El Pollo Loco sees FY2020 EPS of $0.75-$0.80, versus the consensus of $0.80.

• System-wide comparable restaurant sales growth of approximately 2.0% to 4.0%;
• The opening of 3-4 new company-owned restaurants and 5-8 new franchised restaurants;
• Restaurant contribution margin of 18.0% to 18.7%;
• G&A expenses of between 8.5% and 8.8% of total revenue excluding legal fees related to securities related litigation;
• Pro forma income tax rate of 26.5%; and
• Adjusted EBITDA of between $61.0 and $64.0 million.

For earnings history and earnings-related data on El Pollo Loco (LOCO) click here.

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