El Pollo Loco Sees FY24 Capital Spend Of $25M-$28M; G&A Expense Between $45M-$47M; Adjusted Income Tax Rate Of 27%ā28%.
Author: Benzinga Newsdesk | March 07, 2024 06:11pm
2024 Outlook
The Company is providing the following expectations for the remainder of 2024:
| ā | The opening of two new company-owned restaurants and five to seven new franchised restaurants. |
| ā | Capital spend of $25.0 - $28.0 million. |
| ā | G&A expense between $45.0 and $47.0 million. |
| ā | Adjusted income tax rate of 27.0 ā 28.0%. |
Posted In: LOCO