- American City Business Journals•2 days ago
Fiesta Restaurant Group plans to shed roughly $4.8 million in pre-tax operating losses logged so far this year from 10 Pollo Tropical restaurants. Up to three in Texas could be converted to Fiesta’s other brand, Taco Cabana, but the company did not specify which locations could be rebranded. Almost all of the employees affected by the closures will be offered jobs at nearby restaurants, Fiesta said.
- Business Wire•2 days agoFiesta Restaurant Group, Inc. Closes 10 Pollo Tropical Restaurants; Will Rebrand up to Three Restaurants as Taco Cabana Restaurants
Fiesta Restaurant Group, Inc. , parent company of the Pollo Tropical® and Taco Cabana® fast casual restaurant brands, today announced that it has closed 10 Pollo Tropical restaurants and will rebrand up to three of these restaurants in Texas as Taco Cabana restaurants.
- American City Business Journals•9 days ago
An activist investor may be pushing Fiesta Restaurant Group toward a sale, The New York Post reported Monday . The Post said that Addison-based Fiesta (FRGI) is “quietly alerting potential suitors that it intends to put itself up for sale.” The publication, which said the company will distribute sales books soon, cited sources close to the situation. Golden Gate Capital, which owns California Pizza Kitchen and Red Lobster, may be interested in a deal, The Post added.
Fiesta Restaurant Group, Inc. (FRGI)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||22.10 x 100|
|Ask||28.50 x 1000|
|Day's Range||26.25 - 27.00|
|52wk Range||20.15 - 39.68|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||19.87|
|Avg Vol (3m)||721,123|
|Dividend & Yield||N/A (N/A)|