El Pollo Loco testing drone delivery in southern California

El Pollo Loco Holdings Inc. /zigman2/quotes/203043086/composite LOCO +0.61% 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 +1.16% 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 +0.47% is up 12.5% for the period.

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El Pollo Loco Holdings Inc.

US : U.S.: Nasdaq

$ 14.89

+0.09 +0.61%

Volume: 80,278

Oct. 25, 2021 4:00p

P/E Ratio

19.18

Dividend Yield

N/A

Market Cap

$542.24 million

Rev. per Employee

$90,445

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Walmart Inc.

US : U.S.: NYSE

$ 150.06

+1.72 +1.16%

Volume: 6.43M

Oct. 25, 2021 4:00p

P/E Ratio

42.29

Dividend Yield

1.47%

Market Cap

$413.65 billion

Rev. per Employee

$243,109

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S&P 500 Index

US : S&P US

4,566.48

+21.58 +0.47%

Volume: 1.85B

Oct. 25, 2021 5:26p