secwatch.observer — SEC 8-K summary
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Issuer:     El Pollo Loco Holdings, Inc. (LOCO)
CIK:        0001606366
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001606366-23-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

El Pollo Loco Q3 net income $0.28/diluted share vs $0.14; approves $20M buyback
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- Total revenue $120.4M (+0.4% YoY); system-wide comp sales +0.8%.
- Net income $9.2M ($0.28 diluted EPS) vs $5.0M ($0.14); adjusted EPS $0.19.
- Income from operations $13.7M vs $6.9M; includes $4.9M gain from sale of 17 restaurants.
- Adjusted EBITDA $15.0M vs $11.6M; restaurant contribution margin improved to 14.4%.
- Board authorized up to $20M share repurchase program through March 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606366/000160636623000042/0001606366-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606366/000160636623000042/loco-20231102x8k.htm
  HTML page:      https://secwatch.observer/filing/0001606366-23-000042

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