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Why Restaurant Chain El Pollo Loco’s Shares Are Soaring Today

El Pollo Loco Holdings showcases robust growth, reporting a 1.4% year-on-year sales increase to $116.15 million in first-quarter FY24, surpassing analyst expectations. With a 5.1% rise in system-wide comparable restaurant sales and a 24% surge in operating income to $9.7 million, the company demonstrates resilience and profitability in its performance.

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