El Pollo Loco Holdings, Inc. (LOCO) Q3 2024 Earnings Call Transcript Summary
El Pollo Loco Holdings, Inc. (LOCO) Q3 2024 Earnings Call Transcript Summary
Franchise revenue grew 10.5% to $11.3 million, driven by 2.7% increase in franchise comparable restaurant sales and three new franchise openings.The following is a summary of the El Pollo Loco Holdings, Inc. (LOCO) Q3 2024 Earnings Call Transcript:
以下是el pollo loco控股有限公司（LOCO）2024年第三季度業績會成績單：
Financial Performance:
金融業績：
El Pollo Loco reported a Q3 2024 total revenue of $120.4 million, unchanged from Q3 2023.
Company-operated restaurant revenue decreased 1.5% to $101.2 million, impacted by a $5.3 million decrease from refranchised restaurants, somewhat offset by a 2.8% increase in comparable restaurant sales.
Franchise revenue grew 10.5% to $11.3 million, driven by 2.7% increase in franchise comparable restaurant sales and three new franchise openings.
Restaurant contribution margin improved to 16.7%, up from 14.4% in the previous year.
GAAP net income was $6.2 million, or $0.21 per diluted share.
El Pollo Loco報告2024年第三季度總營業收入爲$12040萬，與2023年第三季度持平。
公司經營的餐廳營業收入下降1.5%，至$10120萬，受到轉爲特許經營餐廳的營業收入減少$530萬影響，部分抵消了可比餐廳銷售額增長2.8%。
特許經營收入增長10.5%，至$1130萬，得益於特許經營餐廳銷售額增長2.7%以及開設三家新特許經營餐廳。
餐廳貢獻率提高至16.7%，較上一年的14.4%有所增長。
根據美國通用會計準則，淨利潤爲$620萬，每股攤薄收益爲$0.21。
Business Progress:
業務進展：
El Pollo Loco is committed to becoming a national fire-grilled chicken brand with plans to modernize and a strong emphasis on innovative menu items.
The brand has focused on a five-pillar strategy that includes: craveable products, hospitality mindset, digital-first approach, winning unit economics, and driving unit growth.
Significant investments in a more affordable and iconic restaurant prototype aiming at reducing new unit build costs and driving long-term growth.
Continuous development and remodeling plans include an anticipated 50% of the total system over the next four years.
el pollo loco致力於成爲一家全國性的火烤雞品牌，計劃現代化並且強調創新菜單項目。
該品牌專注於一個五支柱策略，包括：令人垂涎的產品、以賓至如歸爲首要、數字優先的方法、獲勝的單元經濟學和推動單位增長。
重要的投資用於更經濟實惠和標誌性的餐廳原型，旨在降低新單位建設成本並推動長期增長。
持續發展和翻新計劃包括預計在未來四年內對總系統的50％以上進行改造。
Opportunities:
機會：
The brand's transition to a more digital-first customer interaction, including exclusive offers through the Loco Rewards app.
Using current economic pressures as an opportunity to innovate and add new value options like $5 Hoya Bowl and Taco Tuesday promotions.
Expansion efforts are geared toward both national growth and adaptations to existing locations via remodeling and new units that are cost-reduced and brand-consistent.
該品牌向更數字化的客戶互動轉變，包括通過Loco Rewards應用提供獨家優惠。
利用當前的經濟壓力作爲創新和增加新價值選項的機會，例如5美元的Hoya Bowl和Taco Tuesday促銷。
擴張努力旨在實現國家範圍的增長，並通過翻新和新單位的成本降低和品牌一致性來適應現有地點。
Risks:
風險：
Current economic pressures and competitive landscape necessitate deeper focus on value offerings to keep pace with customer expectations for affordable dining options.
Noted variability in same-store sales, with a recent decrease in Q4 2024, underscores potential vulnerability to economic and competitive fluctuations.
當前的經濟壓力和競爭環境要求更加深入地關注價值優惠，以跟上顧客對價格實惠餐飲選擇的期望。
同店銷售額的波動性較大，最近第四季度2024年出現下降，凸顯了對經濟和競爭波動的潛在脆弱性。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
