“During the first quarter, we expanded our tests of order-taking tablets to 10 restaurants,” said Bernard Acoca, El Pollo Loco’s CEO and president, in an earnings call for the quarter ended March 31. Nearly 70% of El Pollo Loco’s sales came through the drive-thru in the first quarter.
“This technology enables our team members to take orders and payments from customers while they re on the drive-thru queue with the goal of cutting our drive-thru times in half by achieving a 45-second order-and-window time,” Acoca said.
Encouraging results of the tablet tests have led El Pollo Loco to expand the drive-thru tablet test this month and, if goals are met, to company-owned restaurants in the fall, Acoca said.
El Pollo Loco: Q1 Earnings Snapshot
May 6, 2021
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COSTA MESA, Calif. (AP) El Pollo Loco Holdings Inc. (LOCO) on Thursday reported first-quarter earnings of $4 million.
The Costa Mesa, California-based company said it had net income of 11 cents per share. Earnings, adjusted for non-recurring costs, came to 13 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.
The Tex-Mex fast food chain posted revenue of $107.7 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $106.4 million.
El Pollo Loco shares have fallen nearly 6% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.03, a rise of 34% in the last 12 months.
A few pennies, nickels, quarters here and there with other people - it adds up, said Ho. Especially for people with a larger order.
This isn t the first time Ho s computer-like mind has caught a sales tax overcharge. He first reached out to the I-Team two years ago when he caught Avis charging too much tax at John Wayne Airport. It s just an interest of mine to ensure taxpayers do not get ripped off. Ho said.
So what happens when a business charges customers too much sales tax? It has two options: refund the customer or pay the overcharge it collected to the state.
UpdatedWed, May 5, 2021 at 1:15 pm PT
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Celebrate Cinco De Mayo 2021 on Wednesday, May 5, with specials from restaurants thoughout California. (Shutterstock)
Hermosa Taqueria, inside Union Market Tustin, has $22 deal with bottomless margs on the menu. (Courtesy of Hermosa Taqueria)
Cha Cha’s Latin Kitchens in Brea and Irvine have lobster tacos & festive sips on the menu. (Courtesy of Cha Cha’s Latin Kitchen) It s everything you AVO wanted free, half avocados at WaBa Grill restaurants throughout Greater L.A. (Courtesy of WaBa Grill)
Tallula’s Cinco De Mayo Fiesta offers indoor & outdoor dining, plus takeout party pack, in Santa Monica. (Photo credit: Lindsey Huttrer.)
First Posted: May 04, 2021 09:38 AM EDT
Photo : Photo by Chitokan from Pexels
If you are looking for a great deal for food and drinks, this year s Cinco de Mayo is perfect for you! Restaurants in California joined local pubs in offering specials of all kinds to continue celebrating the tradition despite the challenging times.
The past years had been different because of the restrictions and social distancing protocols brought about by the ongoing COVID-19 pandemic.
The annual celebration, which is held every - of course, May 5 - is still remembered by the people of Mexico and some Latinos in the United States despite the pandemic. The Mexican people commemorate every year the victory of the Mexican Army led by General Ignacio Zaragoza over the French Empire during the Battle of Puebla on May 5, 1862, ABC10 reports.