El Pollo Loco sees FY 24 CapEx  $21M- $23M
The Fly

El Pollo Loco sees FY 24 CapEx $21M- $23M

The Company is providing the following expectations for the remainder of 2024: The opening of two new company-owned restaurants and three to four new franchised restaurants. Capital spending between $21.0 – $23.0 million. G&A expense between $45.0 and $47.0 million excluding one-time charges and Adjusted income tax rate of 27.5 – 28.0%.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App