Fiesta Restaurant Group: 3Q Earnings Snapshot
DALLAS (AP) _ Fiesta Restaurant Group Inc. (FRGI) on Tuesday reported a third-quarter loss of $22.2 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Dallas-based company said it had a loss of 84 cents. Earnings, adjusted for asset impairment costs and non-recurring costs, came to 1 cent per share.
The owner of Pollo Tropical and Taco Cabana restaurants posted revenue of $164.2 million in the period.
Fiesta Restaurant Group shares have fallen 39% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.47, a drop of 62% in the last 12 months.