- El Pollo Loco (NASDAQ:LOCO -13%) falls after the restaurant company' proforma EPS guidance for 2019 came in short of expectations ($0.70 to $0.75 vs. $0.80 consensus).
- Systemwide comparables sales were up 4.4% in Q4 and restaurant margin was 18.7% of sales vs. 18.5% a year ago.
- Guggenheim reeled in its high-flying price target on LOCO to $17 after sizing up the report.
- Previously: El Pollo Loco beats by $0.02, beats on revenue (March 7)
El Pollo Loco slumps on soft guidance
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Symbol | Last Price | % Chg |
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LOCO | - | - |
El Pollo Loco Holdings, Inc. |