El Pollo Loco’s 2Q loss widens to $27.2M

COSTA MESA Calif. High unemployment in California and deep-discounting by competitors, as well as its own promotional activities, took a toll on El Pollo Loco Inc., which reported Thursday a significantly widened loss for the second quarter.

 

For the quarter ended July 1, the company reported a net loss of $27.2 million, compared with a net loss of $5.6 million for the same quarter last year. Items including increased interest expense, higher occu

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