Fiesta Restauran (FRGI) Tops Q4 EPS by 2c

Fiesta Restauran (NASDAQ: FRGI) reported Q4 EPS of $0.39, $0.02 better than the analyst estimate of $0.37. Revenue for the quarter came in at $179.5 million versus the consensus estimate of $180.91 million.

• Comparable restaurant sales (on a 13-week comparable basis) at Pollo Tropical increased 0.4%, which included a decrease in comparable transactions of 1.1%, largely driven by sales cannibalization from new units on existing restaurants that negatively impacted comparable transactions by 1.9%
• Comparable restaurant sales (on a 13-week comparable basis) at Taco Cabana increased 3.3%, which included a decrease in comparable transactions of 0.7%, largely driven by unfavorable weather that negatively impacted transactions by 2.0%

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

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