NASDAQ$LOCO

El Pollo Loco Holdings Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

El Pollo Loco's Q1 2020 financial results were announced, impacted by the COVID-19 pandemic.

El Pollo Loco's Q1 2020 total revenue reached $105.2 million, with a net income of $3.6 million, or $0.10 per diluted share. The company experienced a system-wide comparable restaurant sales decrease of 1.5% due to the COVID-19 pandemic, but has refocused its business on drive-thru, take-out, delivery, e-commerce, and mobile pickup channels. The company has bolstered its cash position by fully drawing down its $150 million revolver.

  • Total revenue was $105.2 million compared to $109.0 million.
  • System-wide comparable restaurant sales decreased 1.5%, including a 0.7% decrease for company-operated restaurants, and a 2.2% decrease for franchised restaurants.
  • Net income was $3.6 million, or $0.10 per diluted share, compared to net income of $0.9 million, or $0.02 per diluted share in the prior year period.
  • The Company bolstered its existing cash position by fully drawing down its $150 million 2018 Revolver, adding $34.5 million of cash to the balance sheet.

Headline financials

Total Revenue

$105M

Previous: $109M-3.5%
EPS (adj)

$0.16

Previous: $0.15+6.7%
Capital Expenditures

-$1.63M

Previous: -$4.18M+61.0%
Free Cash Flow

$1.97M

Previous: -$3.27M+160.2%
Net Income

$3.6M

Previous: $913K+294.3%
Operating Income

$5.69M

Previous: $2.29M+148.1%
Gross Profit

-$53.4M

Previous: -$56.7M+5.8%
Cash & Equivalents

$43.4M

Previous: $6.7M+547.9%
Total Assets

$653M

Previous: $647M+1.0%
Stock-Based Comp

$534K

Previous: $488K+9.4%

Revenue & EPS history

El Pollo Loco · Revenue · Quarterly

$105M

Q1 2020-3.5%vs Q1 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

El Pollo Loco · $105M total across 3 segments · Q1 2020

  • Company-operated restaurants
    $92.6M
  • Franchise revenue
    $7.06M
  • Franchise advertising fee revenue
    $5.47M

Forward guidance

Due to the ongoing uncertainty around the duration and severity of the COVID-19 pandemic, the Company has withdrawn its 2020 financial guidance for the period ending December 30, 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.2%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+0.5%

Avg return

30 days after

48%

25 / 52 earnings

Positive

+27.8%

Q3 2019

Best reaction

-18.4%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.7%-2.7%+2.3%
Q4 2025+16.8%+27.8%+27.6%
Q3 2025+13.6%+17.4%+20.4%
Q1 2025-3.8%-5.8%+11.3%
Q4 2024-0.1%-1.1%-12.5%
Q3 2024-4.7%-3.9%+1.4%
Q2 2024-0.8%-2.2%+14.9%
Q1 2024+18.6%+21.0%+26.5%
Q4 2023-3.3%-4.2%+1.4%
Q3 2023+2.7%-1.6%+0.6%
Q2 2023+2.4%+5.9%-5.5%
Q1 2023-6.5%-8.0%-5.8%
Q4 2022-10.3%-6.8%-26.0%
Q3 2022+11.1%+11.3%+8.7%
Q2 2022-7.4%-7.3%-11.5%
Q1 2022+0.9%-2.8%-2.2%
Q4 2021-11.3%-14.7%-12.1%
Q3 2021+4.0%+2.1%-14.9%
Q2 2021+1.8%-1.0%-1.5%
Q1 2021+4.6%+3.4%+0.0%
Q4 2020-2.6%-4.2%-15.4%
Q3 2020-18.4%-15.1%-8.6%
Q2 2020+16.0%+1.2%+7.3%
Q1 2020+10.3%+0.7%+12.1%
Q4 2019-12.4%-21.2%-41.5%
Q3 2019+27.8%+29.6%+37.3%
Q2 2019+12.8%+11.8%+3.8%
Q1 2019-10.1%-12.5%-20.1%
Q4 2018-16.2%-13.8%-15.2%
Q3 2018+23.3%+31.7%+22.1%
Q2 2018+0.0%-0.4%+4.4%
Q1 2018+6.6%+6.1%+8.7%
Q4 2017+7.3%+10.9%-0.5%
Q3 2017-13.7%-15.0%-8.8%
Q2 2017-8.7%-9.1%-13.2%
Q1 2017+12.1%+12.5%+10.9%
Q4 2016-6.4%-7.6%+4.2%
Q3 2016-9.6%-10.8%+4.6%
Q2 2016+2.7%+3.2%+4.3%
Q1 2016-16.9%
Q4 2015-6.8%
Q3 2015-15.6%
Q2 2015-18.4%
Q1 2014-16.5%
Q1 2015-12.5%
Q4 2012-0.7%
Q4 2014+15.5%
Q3 2013-1.9%
Q3 2014+0.7%
Q2 2013+2.1%
Q4 2013+2.1%
Q2 2014+5.4%
Q1 2013

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