AP NEWS

Fiesta Restaurant Group: 3Q Earnings Snapshot

November 5, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FRGI at https://www.zacks.com/ap/FRGI