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Los Angeles Times
Source: Los Angeles Times
1 DayLos Angeles Times
Source: Los Angeles Times
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El Pollo Loco is expanding beyond Southern California, planning 25 to 30 new restaurants next year and expecting to finish this year with more than 500 U.S. locations. The chain says its grilled chicken offers a higher-quality, lower-cost alternative to fast food and fast-casual competitors, helping it attract cost-conscious diners. Third-quarter comparable sales rose 5%, the fourth consecutive quarterly increase, although shares fell 7% after reported profit came in below investor expectations.
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