El Pollo Loco Holdings, Inc. Announces Third Quarter 2024 Financial Results
1. LOCO's Q3 revenue remains stable at $120.4 million. 2. Net income decreased to $6.2 million, down from $9.2 million. 3. Comparable restaurant sales rose by 2.7%, driven by higher menu prices. 4. Restaurant contribution margin improved to 16.7% from 14.4% year-over-year. 5. Total debt declined to $76 million, improving financial stability.