NASDAQ$LOCO

El Pollo Loco Holdings Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced financial results, highlighting a revenue increase and positive comparable restaurant sales, but also noting challenges from inflation and softening consumer traffic.

El Pollo Loco Holdings, Inc. reported a revenue increase to $124.1 million, with system-wide comparable restaurant sales up by 7.5%. Net income was $7.1 million, or $0.20 per diluted share. The company is facing challenges from inflationary pressures and a softening of consumer traffic.

  • Total revenue increased to $124.1 million compared to $122.0 million.
  • System-wide comparable restaurant sales increased by 7.5%.
  • Net income was $7.1 million, or $0.20 per diluted share, compared to $8.8 million, or $0.24 per diluted share.
  • The company entered into a new credit agreement providing a $150 million five-year senior secured revolving facility.

Headline financials

Total Revenue

$124M

Previous: $122M+1.7%
EPS (adj)

$0.21

Previous: $0.29-27.6%
Restaurant contribution margin

15.0%

Previous: 20.8%-27.9%
Capital Expenditures

-$8.83M

Previous: -$8.83M-0.0%
Free Cash Flow

-$1.69M

Previous: -$10K-16800.0%
Net Income

$7.14M

Previous: $8.82M-19.0%
Operating Income

$10.4M

Previous: $12.7M-17.7%
Gross Profit

-$63.5M

Previous: -$58.5M-8.5%
Cash & Equivalents

$34.3M

Previous: $12.6M+171.8%
Total Assets

$619M

Previous: $599M+3.4%
Stock-Based Comp

$970K

Previous: $1.04M-6.8%

Revenue & EPS history

El Pollo Loco · Revenue · Quarterly

$124M

Q2 2022+1.7%vs Q2 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

El Pollo Loco · $17.7M total across 3 segments · Q2 2022

  • Franchise revenue
    $10.1M+20.0%
  • Franchise advertising fee revenue
    $7.59M+14.6%
  • Company-operated restaurants
    $188

Forward guidance

The company provided the following expectations for 2022:

Tailwinds

  • The opening of three to six new company-owned restaurants
  • The opening of six to ten new franchised restaurants.
  • Capital spend of $20.0 - $25.0 million
  • Pro forma income tax rate of 26.5%

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 Q2 2022

Historical avgQ2 2022

-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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