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Fly News Breaks for November 4, 2016
LOCO
Nov 4, 2016 | 08:37 EDT
William Blair analyst Sharon Zackfia downgraded El Pollo Loco to Market Perform from Outperform following the company's worse than expected Q3 earnings and same-store sales. She also lowered her 2017 estimate due to expectations for slowing comp trends, labor inflation, and continued expansion into new markets to pressure results.
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