LOCOHIGH SIGNALFINANCIAL10-K

LOCO delivered explosive 297% revenue growth while significantly reducing debt by 28% and strengthening its balance sheet position.

This represents a dramatic business transformation with revenue jumping from $101M to $402M, suggesting either major expansion, acquisitions, or fundamental business model changes that warrant immediate investor attention. The simultaneous debt reduction of $20M while growing cash reserves indicates strong operational cash generation and improved financial discipline.

Comparing 2026-03-13 vs 2025-03-07View on EDGAR →
FINANCIAL ANALYSIS

LOCO experienced exceptional growth with revenue surging 297% to $402M while strengthening its balance sheet through 28% debt reduction and 151% cash increase. Interest expense rose 187% but remained modest relative to the revenue expansion, and stockholders' equity grew a healthy 12% to $291M. The company also dramatically reduced share buybacks by 91%, likely redirecting capital toward growth initiatives, painting a picture of a rapidly expanding business with improving financial fundamentals.

FINANCIAL STATEMENT CHANGES
Revenue
P&L
+297.1%
$101.2M$401.7M

Strong top-line growth of 297.1% — accelerating demand or successful expansion into new markets.

Interest Expense
P&L
+186.9%
$1.7M$4.8M

Interest expense surged 186.9% — significant debt increase or rising rates materially impacting earnings.

Cash & Equivalents
Balance Sheet
+150.7%
$2.5M$6.2M

Cash position surged 150.7% — strong cash generation or capital raise providing significant financial cushion.

Share Buybacks
Cash Flow
-91%
$20.6M$1.8M

Buyback activity reduced 91% — capital being redeployed elsewhere or cash conservation underway.

Current Assets
Balance Sheet
+28.8%
$19.9M$25.6M

Current assets grew 28.8% — improving short-term liquidity or inventory/receivables build.

Total Debt
Balance Sheet
-28.2%
$71.0M$51.0M

Debt reduced 28.2% — deleveraging strengthens balance sheet and reduces financial risk.

Stockholders Equity
Balance Sheet
+11.7%
$260.7M$291.1M

Equity base grew 11.7% — retained earnings accumulation or equity issuance strengthening the balance sheet.

LANGUAGE CHANGES
NEW — 2026-03-13
PRIOR — 2025-03-07
ADDED
Employer incorporation or organization Identification No.) 575 Anton Blvd.
As of March 6, 2026, there were 29,956,259 shares of the registrant s common stock outstanding.
Website References In this Annual Report, we make references to our website at elpolloloco.com.
Changes in food costs, supply costs, and other operating expenses, especially for chicken could adversely affect our business, financial condition, and results of operations.
Public health crises have had, and may in the future have, a significant negative impact on our business, sales, results of operations and financial condition.
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REMOVED
Employer incorporation or organization Identification No.) 3535 Harbor Blvd.
As of February 28, 2025, there were 29,777,207 shares of the registrant s common stock outstanding.
Forward-looking statements discuss our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business.
Changes in food, supply costs, especially for chicken, labor, construction and utilities could adversely affect our business, financial condition, and results of operations.
We rely on our ability to continue to expand our digital business, delivery orders and catering is uncertain, and these new business lines are subject to various risks.
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