Fiesta Restauran (FRGI) Misses Q3 EPS by 4c

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Fiesta Restaurant Group, Inc. Reports Third Quarter 2015 Results

October 29, 2015 4:05 PM EDT

Provides Initial Operating Targets for 2016

ADDISON, Texas--(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 2015, which ended on Sept. 27, 2015. The Company also provided initial operating targets for the 2016 fiscal year ending Jan. 1, 2017.

Highlights of the third quarter 2015 results as compared to the third quarter 2014 include:

Total revenues increased 10.8% to $172.1 million; Comparable restaurant sales at Pollo Tropical increased 4.2%, which... More