El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Q2 2022 Results Conference Call August 4, 2022 4:30 PM ET

Company Participants

Ira Fils - CFO

Larry Roberts - CEO

Conference Call Participants

Jake Bartlett - Truist

David Tarantino - Robert W. Baird

Operator

Good day, ladies and gentlemen, and thank you for standing by. Welcome to the El Pollo Loco Second Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note that this conference is being recorded today, August 4, 2022.

And now, I would like to turn the conference over to Ira Fils, Chief Financial Officer. Thank you. You may begin.

Ira Fils

Thank you, operator, and good afternoon.

By now, everyone has access to our second quarter 2022 earnings release. If not, it can be found at www.elpolloloco.com in the Investor Relations section.

Before we begin our formal remarks, I need to remind everyone that our discussions today will include forward-looking statements, including statements related to the impacts of the COVID pandemic and macroeconomic environment on our business and strategic actions we are taking in response as well as our marketing initiatives, cash flow expectations, capital expenditure plans and plans for new store openings, among others. These forward-looking statements are not guarantees of future performance, and therefore, you should not put undue reliance on them. These statements are also subject to numerous risks and uncertainties that could cause actual results to differ materially from what we currently expect. We refer you to our recent SEC filings, including our Form 10-K for a more detailed discussion of the risks that could impact our future operating results and financial condition. We expect to file our 10-Q for the second quarter of 2022 tomorrow and would encourage you to review that document at your earliest convenience.

During today's call, we will discuss non-GAAP measures, which, we believe, can be useful in evaluating our performance. The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with GAAP, and reconciliations to comparable GAAP measures are available in our earnings release.

Now I would like to turn it over to Larry Roberts, our Chief Executive Officer.

Larry Roberts

Thank you, Ira, and good afternoon, everyone.

Let me start by welcoming Ira to the El Pollo Loco family. As many of you know, he's a well-rounded and accomplished executive with a strong 20-plus year track record of leadership and experience in the restaurant industry. I look forward to his many contributions as we execute on our strategic priorities in 2022 and beyond.