El Pollo Loco testing drone delivery in southern California

El Pollo Loco Holdings Inc. /zigman2/quotes/203043086/composite LOCO -0.41% said Thursday that it has partnered with Flytrex to test drone delivery service in southern California. Flytrex has drones that travel at 32 miles per hour and can provide "door-to-backyard" delivery by lowering orders from 80 feet. Air Loco drone delivery will be available to select loyalty members. Walmart Inc. /zigman2/quotes/207374728/composite WMT +0.56% announced on Thursday that it has invested in a drone company in order to scale up the use of the machines for delivery service. El Pollo Loco stock has fallen 7.8% for the year to date while the S&P 500 index /zigman2/quotes/210599714/realtime SPX +1.05% is up 12.5% for the period.

/zigman2/quotes/203043086/composite

Add to watchlist LOCO

El Pollo Loco Holdings Inc.

US : U.S.: Nasdaq

$ 12.22

-0.05 -0.41%

Volume: 241,900

Feb. 1, 2023 4:00p

P/E Ratio

21.79

Dividend Yield

0.00%

Market Cap

$454.59 million

Rev. per Employee

$100,085

/zigman2/quotes/207374728/composite

Add to watchlist WMT

Walmart Inc.

US : U.S.: NYSE

$ 144.67

+0.80 +0.56%

Volume: 4.28M

Feb. 1, 2023 4:00p

P/E Ratio

44.71

Dividend Yield

1.55%

Market Cap

$387.99 billion

Rev. per Employee

$260,918

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

4,119.21

+42.61 +1.05%

Volume: 0.00

Feb. 1, 2023 4:53p