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Investors Think El Pollo Loco Could Be The Next Chipotle

Business Insider - 25 Jul 2014 21:31
Investors Think El Pollo Loco Could Be The Next Chipotle Investors are going wild for El Pollo Loco, a chicken restaurant chain that debuted on the public market Friday. The company's shares surged an eye-popping 55% from its IPO price of $15 on the first day of trading. So what's so great about this chain that's been around for more than two decades?  For many investors, it resembles the massively successful Chipotle. Like Chipotle, it's a fast casual chain that serves Mexican-style food in large portions. Its same-store sales growth rate is compa...
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