El Pollo Loco: Franchising Growth Drives An Undervalued Growth Strategy
LOCOEl Pollo Loco(LOCO) Seeking Alpha·2024-07-12 16:57
tunartEl Pollo Loco Holdings, Inc. (NASDAQ:LOCO) operates and franchises restaurants under the El Pollo Loco name, with 172 company-operated restaurants and 323 franchised restaurants at the end of Q1. The company’s quick-service restaurants provide grilled chicken, tacos, burritos, and a wide range of other menu items. The company still currently operates mainly in California, but also in other states, with plans for a nationwide expansion. From the company’s IPO in 2014, the stock has lost nearly half ...