El Pollo Loco Q1 2022 Earnings Report
Key Takeaways
El Pollo Loco Holdings, Inc. reported a slight increase in total revenue for Q1 2022, reaching $110.1 million compared to $107.7 million in Q1 2021. However, net income decreased to $2.1 million, or $0.06 per diluted share, from $4.0 million, or $0.11 per diluted share, in the same period last year. System-wide comparable restaurant sales increased by 7.8%.
Total revenue increased to $110.1 million from $107.7 million year-over-year.
System-wide comparable restaurant sales increased by 7.8%.
Net income decreased to $2.1 million, or $0.06 per diluted share, from $4.0 million, or $0.11 per diluted share, year-over-year.
Company-operated restaurant revenue decreased to $94.0 million from $94.2 million year-over-year.
El Pollo Loco
El Pollo Loco
El Pollo Loco Revenue by Segment
Forward Guidance
El Pollo Loco provided expectations for 2022, including new restaurant openings and capital expenditures.
Positive Outlook
- Opening of three to six new company-owned restaurants.
- Opening of six to ten new franchised restaurants.
Revenue & Expenses
Visualization of income flow from segment revenue to net income