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El Pollo Loco Holdings fiscal Q2 profit climbs YOY


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El Pollo Loco Holdings fiscal Q2 profit climbs YOY

El Pollo Loco Holdings Inc. said its normalized net income for the fiscal second quarter ended June 29 came to 20 cents per share, compared with the S&P Capital IQ consensus estimate of 18 cents per share.

EPS rose year over year from 20 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $7.9 million, an increase from $7.8 million in the second quarter ended July 1, 2015.

The normalized profit margin declined to 8.1% from 8.7% in the year-earlier period.

Total revenue grew 9.0% year over year to $97.5 million from $89.5 million, and total operating expenses increased 10.6% from the prior-year period to $84.0 million from $76.0 million.

Reported net income increased 5.2% from the prior-year period to $7.4 million, or 19 cents per share, from $7.0 million, or 18 cents per share.