Loading...
•
Jun 24, 2020
El Pollo Loco Q2 2020 Earnings Report
El Pollo Loco's financial performance declined in Q2 2020 due to the COVID-19 pandemic.
Key Takeaways
El Pollo Loco's Q2 2020 financial results were impacted by the COVID-19 pandemic, with total revenue decreasing to $99.6 million compared to $113.7 million in the prior year. System-wide comparable restaurant sales also decreased by 9.7%. Despite these challenges, the company made progress in transforming its business and optimizing off-premise capabilities.
Total revenue decreased to $99.6 million compared to $113.7 million.
System-wide comparable restaurant sales decreased 9.7%.
Net income was $5.5 million, or $0.16 per diluted share, compared to $14.1 million, or $0.37 per diluted share in the prior year period.
The company bolstered its cash position by fully drawing down its $150 million 2018 Revolver.
El Pollo Loco
El Pollo Loco
El Pollo Loco Revenue by Segment
Revenue by Segment
Franchise Revenue
CapyFin.comFranchise advertising fee Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income