Fiesta Restaurant Group, Inc., through its subsidiaries, owns, operates, and franchises fast-casual restaurants. It operates its fast-casual restaurants under the Pollo Tropical and Taco Cabana brand names. The companys Pollo Tropical restaurants offer various Caribbean inspired food, and Taco Cabana restaurants offer a selection of Mexican food. As of January 3, 2016, it had 155 company-owned Pollo Tropical restaurants, 162 company-owned Taco Cabana restaurants, and 35 franchised Pollo Tropical restaurants in the U.S., Puerto Rico, the Bahamas, Guatemala, Honduras, Panama, Trinidad & Tobago, and Venezuela, as well as 6 franchised Taco Cabana restaurants in the U.S. The company was incorporated in 2011 and is headquartered in Addison, Texas.
Fiesta Restaurant prepares to put itself up for sale - NY Post http://finance.yahoo.com/news/fiesta-restaurant-prepares-put-itself-182524758.html
Fiesta Restaurant Group Shares Jump on Report of Possible Sale Fiesta Restaurant Group Inc., the owner of the Pollo Tropical and Taco Cabana chains, rose as much as 10 percent after the New York Post reported that the company has put itself up for sale. Fiesta is expected to share its books with potential bidders soon, the newspaper said , citing an unnamed person close to the situation. There have been early indications that private equity firms may be interested, according to the Post.
Reported after close today (11/7/16) Earnings: EPS $0.30 Revenue $182.3M Estimates: EPS $0.31 Revenue $183.92M Down 1.70% after hours
Analyst Upgrade/Downgrade Update Brokerage firm: Standpoint Research Change: Downgrade Previous Rating: Buy Current Rating: Hold Previous Price Target: N/A Current Price Target: N/A
