Operator
Good day, girls and gents, and thanks for standing by. Welcome to the El Pollo Loco Fourth Quarter 2025 Earnings Convention Name. [Operator Instructions] Please observe that this convention is being recorded immediately, March 12, 2026.
And now I wish to flip the convention over to Ira Fils, the corporate’s Chief Monetary Officer.
Ira Fils
Chief Monetary Officer
Thanks, operator, and good afternoon. By now, everybody ought to have entry to our fourth quarter 2025 earnings launch, which will be discovered at elpolloloco.com within the Investor Relations part.
Earlier than we start our formal remarks, I must remind everybody that our discussions immediately will embody forward-looking statements, together with statements associated to our development alternatives, strategic and operational initiatives, expectations concerning gross sales and margins, potential adjustments to our product platforms, capital expenditure plans, the power of our franchisees to drive development, expectations concerning commodity and wage inflation, transform plans and our 2026 steering, amongst others.
These forward-looking statements are usually not ensures of future efficiency, and subsequently, you shouldn’t put undue reliance on them. These statements are additionally topic to quite a few dangers and uncertainties that might trigger precise outcomes to vary materially from what we at present anticipate. We refer you to our latest SEC filings, together with our Kind 10-Ok for a extra detailed dialogue of the dangers that might impression our
