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Stock impact report

Comparable sales weak at Fiesta Restaurant Group [Seeking Alpha]

Fiesta Restaurant Group, Inc. (FRGI) 
Last fiesta restaurant group, inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: frgi.com/investor-relations/default.aspx
Company Research Source: Seeking Alpha
Fiesta Restaurant Group (NASDAQ: FRGI ) reports comparable sales fell 6.7% at Pollo Tropical locations during Q1 . Transactions were down 8.9% and a sale cannibalization effect lopped offg ~90 bps of growth. Comparable restaurant sales were down 4.5% at Taco Cabana restaurants. Labor costs as a percentage of sales increased 190 bps during the quarter. The company ended the quarter with 388 restaurants, +23 Y/Y. Previously: Fiesta Restaurant misses by $0.04, misses on revenue (May 8) Now read: Keep Selling Red Robin Gourmet Burgers » Show less Read more
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