Fiesta Restaurant (FRGI) Tops Q1 EPS by 2c

Fiesta Restaurant (NASDAQ: FRGI) reported Q1 EPS of $0.16, $0.02 better than the analyst estimate of $0.14. Revenue for the quarter came in at $169.5 million versus the consensus estimate of $164.25 million.

• Comparable restaurant sales at Pollo Tropical increased 1.1%. Comparable restaurant sales were negatively impacted by approximately 0.4% related to the fiscal calendar shift of New Year’s Day and Easter;
• Comparable restaurant sales at Taco Cabana decreased 1.7%. Comparable restaurant sales were negatively impacted by approximately 1.6% related to the reduction of overnight operating hours and by approximately 0.4% related to the fiscal calendar shift of New Year’s Day and Easter;

For earnings history and earnings-related data on Fiesta Restaurant (FRGI) click here.

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