El Pollo Loco Posts Operating Income of $9.5 Million in ’94
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El Pollo Loco, a subsidiary of Flagstar Cos., reported operating income of $9.5 million for 1994. That contrasted with a loss of $2.6 million for the previous year for the Irvine fast-food restaurant chain. Revenue increased 23%, to $133.1 million from $108.6 million. For the fourth quarter, operating income totaled $3.2 million, contrasted with a loss of $898,000 for the same period a year earlier. Three-month revenue was up 14%, to $32.3 million from $28.4 million. The 1993 fourth-quarter results included 14 weeks, compared to 13 for 1994. The company’s 1993 fiscal year had 53 weeks, compared to 52 in fiscal 1994.
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