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El Pollo Loco Sees FY24 Capital Spend Of $25M-$28M; G&A Expense Between $45M-$47M; Adjusted Income Tax Rate Of 27%–28%

Moomoo 24/7 ·  Mar 7 17:11

2024 Outlook

The Company is providing the following expectations for the remainder of 2024:

The opening of two new company-owned restaurants and five to seven new franchised restaurants.
Capital spend of $25.0 - $28.0 million.
G&A expense between $45.0 and $47.0 million.
Adjusted income tax rate of 27.0 – 28.0%.
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