El Pollo Loco Holdings Inc
For the period ended Sep 25, 2024. Filed Nov 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 25, 2024 · Filed Nov 1, 2024
LOCO$15.47-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income (Unaudited)
(Amounts in thousands, except share and per share data)
| | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | | | | | | | | | | | | |
| · Thirteen Weeks Ended · Thirty-Nine Weeks Ended | |||||||||||||
| · · September 25, 2024 · · September 27, 2023 · · September 25, 2024 · · September 27, 2023 · | |||||||||||||
| Revenue · · · · | |||||||||||||
| Company-operated restaurant revenue | | $101,178 | | $102,703 | | $300,638 | | $304,477 | | ||||
| Franchise revenue | | 11,330 | | 10,255 | | 34,329 | | 30,046 | | ||||
| Franchise advertising fee revenue | | 7,887 | | 7,441 | | 23,757 | | 21,894 | | ||||
| Total revenue | | 120,395 | | 120,399 | | 358,724 | | 356,417 | | ||||
| Cost of operations | | | | | | ||||||||
| Food and paper cost | | 25,401 | | 27,552 | | 76,751 | | 82,928 | | ||||
| Labor and related expenses | | 32,744 | | 33,092 | | 96,192 | | 96,910 | | ||||
| Occupancy and other operating expenses | | 26,088 | | 27,289 | | 74,609 | | 77,751 | | ||||
| Gain on recovery of insurance proceeds, lost profits, net | | | — | | | — | | | — | | | (151) | |
| Company restaurant expenses | | 84,233 | | 87,933 | | 247,552 | | 257,438 | | ||||
| General and administrative expenses | | 11,418 | | 9,144 | | 35,130 | | 31,451 | | ||||
| Franchise expenses | | 10,488 | | 9,583 | | 31,961 | | 28,107 | | ||||
| Depreciation and amortization | | 4,034 | | 3,946 | | 11,755 | | 11,277 | | ||||
| Loss (gain) on disposal of assets | | 77 | | 16 | | 181 | | (34) | | ||||
| Gain on recovery of insurance proceeds, property, equipment and expenses | | — | | — | | (41) | | (242) | | ||||
| (Gain) loss on disposition of restaurants | | | — | | | (4,923) | | | 7 | | | (5,034) | |
| Impairment and closed-store reserves | | 8 | | 1,008 | | 45 | | 1,123 | | ||||
| Total expenses | | 110,258 | | 106,707 | | 326,590 | | 324,086 | | ||||
| Income from operations | | 10,137 | | 13,692 | | 32,134 | | 32,331 | | ||||
| Interest expense, net | | 1,536 | | 1,382 | | 4,627 | | 3,362 | | ||||
| Income tax receivable agreement expense | | — | | 106 | | — | | 105 | | ||||
| Income before provision for income taxes | | 8,601 | | 12,204 | | 27,507 | | 28,864 | | ||||
| Provision for income taxes | | 2,415 | | 2,975 | | 7,776 | | 7,661 | | ||||
| Net income | | $6,186 | | $9,229 | | $19,731 | | $21,203 | | ||||
| Net income per share | | | | | | | | | |||||
| Basic | | $0.21 | | $0.28 | | $0.66 | | $0.61 | | ||||
| Diluted | | $0.21 | | $0.28 | | $0.65 | | $0.60 | | ||||
| Weighted-average shares used in computing net income per share | | | | | | ||||||||
| Basic | | 29,199,971 | | 33,412,674 | | 30,072,637 | | 35,026,731 | | ||||
| Diluted | | 29,423,649 | | 33,490,004 | | 30,235,309 | | 35,179,483 | | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.