nasdaqloco
Discusses the new capital management initiatives and gives a view from analysts Shares of mexican-style grill restaurant chain El Pollo Loco (NASDAQ:LOCO) received a nice boost on Wednesday after management announced that they had declared a one-off special dividend and a new share buyback program. El Pollo Loco’s Shares JumpLOCO shares opened 14% higher on the news and reached a gain of 17.6% over the day before closing 15.7% higher at $10.53. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by SmartAsset and is held to a fiduciar...
ValueWalk
Spanish chicken restaurant chain operator El Pollo Loco (NASDAQ:LOCO) shares has been taken out to the woodshed in 2022. The Company replaced its CEO immediately on the Q4 2021 earnings release and is in search for a new CFO. Top line Q4 2021 and Q1 2022 shortfalls were still blamed on COVID-19 effects, which investors have grown wearily of excuses. While other restaurants and retail establishments are posting double and triple digit gains on the pent-up demand from the lockdowns, El Pollo is still having trouble sustaining a recovery. The ousting of its former CEO may be a start in the right ...
ValueWalk
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