Fiesta Restauran (FRGI) Misses Q3 EPS by 1c
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Fiesta Restaurant Group, Inc. Reports Third Quarter 2016 Results
November 7, 2016 4:05 PM ESTDALLAS--(BUSINESS WIRE)-- Fiesta Restaurant Group, Inc. (Fiesta or the Company) (NASDAQ: FRGI), parent company of the Pollo Tropical® and Taco Cabana® fast casual restaurant brands, today reported results for the third quarter 2016, which ended on October 2, 2016.
Select third quarter 2016 results as compared to third quarter 2015 results include:
Total revenues increased 5.9% to $182.3 million; Comparable restaurant sales at Pollo Tropical decreased 1.0% and comparable guest traffic decreased 2.5%, including the impact of sales cannibalization that negatively impacted comparable guest traffic by approximately 1%; Comparable restaurant sales at Taco Cabana decreased 4.1% and... More