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May 19, 2011 | By Sharon Bernstein, Los Angeles Times
El Pollo Loco, with flame-grilled chicken at the top of its menu, urges its customers to "taste the fire. " Now the chain itself is feeling the heat. Despite its efforts to spice up its menu offerings and boost business, the Orange County company is struggling with red ink and greater competition. The chain said last week that it had lost $4.7 million in the first quarter of 2011 partly because of a drop in sales of 2.5%. That was on top of significant losses in each of the last three years: $40 million in 2010, $52 million in 2009 and $40 million in 2008.
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BUSINESS
May 19, 2011 | By Sharon Bernstein, Los Angeles Times
El Pollo Loco, with flame-grilled chicken at the top of its menu, urges its customers to "taste the fire. " Now the chain itself is feeling the heat. Despite its efforts to spice up its menu offerings and boost business, the Orange County company is struggling with red ink and greater competition. The chain said last week that it had lost $4.7 million in the first quarter of 2011 partly because of a drop in sales of 2.5%. That was on top of significant losses in each of the last three years: $40 million in 2010, $52 million in 2009 and $40 million in 2008.
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BUSINESS
November 28, 2006 | Jerry Hirsch, Times Staff Writer
Is it chicken or Mexican? Loyal Southern California customers of restaurant chain El Pollo Loco might well respond, "Who cares? Pass the salsa." But for the Irvine company -- now embarking on an ambitious nationwide expansion from its core market -- how New England diners answer the question may prove crucial to its success.
BUSINESS
September 29, 2005 | Roger Vincent, Times Staff Writer
A new buyer wants the crazy chicken to fly -- cross-country. El Pollo Loco Inc., a fast-food stalwart in Southern California, said Wednesday that it was being purchased by New York investors who plan to upgrade and expand the Irvine-based chain nationwide. Trimaran Capital Partners agreed to buy the chain, which specializes in marinated flame-grilled chicken and other Mexican-inspired entrees, for about $400 million from American Securities Capital Partners, a private investment firm.
BUSINESS
December 9, 2005 | From Bloomberg News
Carlyle Group and JPMorgan Partners submitted bids Thursday for Pernod Ricard's Dunkin' Brands Inc. restaurants, people with direct knowledge of the sale said. Carlyle, manager of the largest U.S. buyout fund, teamed up with Bain Capital and Thomas H. Lee Partners; JPMorgan Partners, the buyout unit of JPMorgan Chase & Co., bid for Canton, Mass.-based Dunkin' Brands with Providence Equity Partners Inc., said the people, who declined to be identified before any offers were made public.
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