Fiesta Restaurant Group

Fiesta Restaurant Group, Inc. is a holding company, which engages in the acquisition, operation, and franchising of fast-casual restaurants. It operates through the Pollo Tropical and Other segments. The Pollo Tropical segment offers fire-grilled and crispy citrus marinated chicken and other freshly prepared tropical-inspired menu items. The Other segment includes corporate-owned property and equipment, advisory fees, and corporate. The company was founded in April 2011 and is headquartered in Dallas, TX.

Earnings data Q4 2019

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Fiesta Restaurant Group reports strong Q4 performance and outlines growth strategies for 2023

FRGI's Q4 2022 performance showcased strong sales growth and margin improvement, despite reporting a net loss.
Strategic growth initiatives and pricing actions aim to drive sales benefits and offset inflation in 2023.
Efforts to reduce G&A expenses and improve operational efficiency are key focus areas for financial health and growth.
The company's solid financial position with no debt and planned capital expenditures signal opportunities for future expansion.

Fiesta Restaurant Group (FRGI) reports robust Q1 performance and optimistic outlook

FRGI's Q1 2023 performance reflects positive sales growth, margin improvement, and strategic initiatives driving operational excellence and guest satisfaction.
While facing challenges in achieving margin targets and managing expenses, the company's focus on growth and efficiency presents opportunities for future success.
With a strong financial outlook for the remainder of 2023, FRGI is poised for continued growth and profitability in the competitive restaurant industry.

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Fiesta Restaurant Group, Inc. is the parent company of the Pollo Tropical and Taco Cabana restaurant brands. The brands specialize in the operation of fast-casual, ethnic restaurants that offer distinct and unique Caribbean and Mexican inspired flavors with broad appeal at a compelling value. The brands feature made-from-scratch cooking, fresh salsa bars, and drive-thru service and catering.

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- #comvestcreditpartners--Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a $115 million senior secured credit facility (the “Financing”) for Pollo Tropical (the “Company”), a Miami-based fast-casual restaurant chain. The Financing supported the take-private acquisition of Fiesta Restaurant Group, Inc. (NASDAQ: FRGI),.

Comvest Credit Partners Provides Financing to Support the Take-Private of Pollo Tropical

NEW YORK--(BUSINESS WIRE)--Authentic Restaurant Brands (“ARB”), a portfolio company of Garnett Station Partners, LLC (“Garnett Station” or “GSP”), a New York-based principal investment firm, today announced the completion of its previously announced acquisition of Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® restaurant brand. “Our distinct vision for Pollo Tropical is to amplify the fundamental aspects of the brand that customer.

Authentic Restaurant Brands Completes Acquisition of Fiesta Restaurant Group

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Fiesta Restaurant Group, Inc. (NasdaqGS: FRGI) to Authentic Restaurant Brands. Under the terms of the proposed transaction, shareholders of Fiesta will receive $8.50 in cash for each share of Fiesta that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequat.

FIESTA RESTAURANT GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Fiesta Restaurant Group, Inc. - FRGI

MILWAUKEE , Sept. 21, 2023 /PRNewswire/ -- Ademi LLP is investigating Fiesta (NASDAQ: FRGI) for possible breaches of fiduciary duty and other violations of law in its transaction with Authentic Restaurant Brands.

Shareholder Alert: Ademi LLP investigates whether Fiesta Restaurant Group, Inc. has obtained a Fair Price in its transaction with Authentic Restaurant Brands

PFSweb

NEW YORK , Sept. 15, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: PFSweb , Inc. (NASDAQ: PFSW)'s  sale to GXO Logistics, Inc. for $7.50 per share in cash.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PFSW, FRGI

DALLAS--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® restaurant brand, today announced the expiration of the 30-day “go-shop” period under the terms of the previously announced merger agreement pursuant to which Authentic Restaurant Brands (“ARB”), a portfolio company of Garnett Station Partners, LLC (“Garnett Station” or “GSP”), will acquire Fiesta in an all-cash transaction. The “go-shop” period expired at 12:.

Fiesta Restaurant Group Announces Expiration of “Go-Shop” Period

PHILADELPHIA , Aug. 9, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating the fairness of the proposed buyout of Fiesta Restaurant Group, Inc. ("Fiesta") NASDAQ: FRGI) shareholders by Authentic Restaurant Brands ("ARB") at $8.50 per share . The $8.50 per share buyout price appears to undervalue Fiesta's shares.

FIESTA RESTAURANT GROUP SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation into Fairness of $8.50 Per Share Buyout Agreement - FRGI

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Fiesta Restaurant Group, Inc. (NASDAQ: FRGI) to Authentic Restaurant Brands for $8.50 per share in cash is fair to Fiesta shareholders. Halper Sadeh encourages Fiesta shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whe.

FRGI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Fiesta Restaurant Group, Inc. Is Fair to Shareholders

DALLAS--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® restaurant brand, today reported results for the 13-week second quarter, which ended on July 2, 2023 and provided a business update related to current operations. As announced separately today, the Company has entered into a definitive agreement to be acquired by affiliates of Garnett Station Partners for $8.50 per share in cash. Please see our press release a.

Fiesta Restaurant Group, Inc. Reports Second Quarter 2023 Results

DALLAS & NEW YORK--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® restaurant brand, and Authentic Restaurant Brands (“ARB”), a portfolio company of Garnett Station Partners, LLC (“Garnett Station” or “GSP”), a New York-based principal investment firm, today announced that they have entered into a definitive agreement under which a wholly owned subsidiary of ARB will acquire the Company in an all cash transaction.

Fiesta Restaurant Group, Inc. to be Acquired by Authentic Restaurant Brands

Authentic Restaurant Brands is expected to buy Fiesta Restaurant Group for $225 million.

Pollo Tropical Restaurant Chain to Be Sold

Fiesta Restaurant Group, Inc. (NASDAQ:FRGI ) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET Company Participants Raphael Gross – ICR Dirk Montgomery – Chief Executive Officer Tyler Yoesting – Chief Accounting Officer and Acting Chief Financial Officer Conference Call Participants Edward Reilly – EF Hutton Operator Good afternoon, and welcome to the Fiesta Restaurant Incorporated First Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.

Fiesta Restaurant Group, Inc. (FRGI) Q1 2023 Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® restaurant brand, today reported results for the 13-week first quarter, which ended on April 2, 2023, and provided a business update related to current operations. Fiesta President and Chief Executive Officer Dirk Montgomery said, "Our focus on building traffic is gaining momentum, as we generated first quarter year-over-year comparable transaction growth of 1.

Fiesta Restaurant Group, Inc. Reports First Quarter 2023 Results

DALLAS--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. (“Fiesta” or the “Company”) (NASDAQ: FRGI), parent company of the Pollo Tropical® fast-casual restaurant brand, today announced that it will host a conference call to review first quarter 2023 results on Wednesday, May 10, 2023 at 4:30 P.M. ET. A press release containing first quarter 2023 results will be issued after market close that same day. The conference call can be accessed live over the phone by dialing 412-542-4158 which will be an.

Fiesta Restaurant Group, Inc. to Announce First Quarter 2023 Results on May 10, 2023

DALLAS--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® brand, today announced that the Board of Directors has appointed Dirk Montgomery as its permanent President and Chief Executive Officer, effective April 13, 2023. Mr. Montgomery has served as Interim Chief Executive Officer since December 8, 2022 and previously served as Chief Financial Officer since September 9, 2019.

Fiesta Restaurant Group, Inc. Appoints Dirk Montgomery as President and Chief Executive Officer

Fiesta Restaurant Group, Inc. (NASDAQ:FRGI ) Q4 2022 Earnings Conference Call March 2, 2023 4:30 PM ET Company Participants Raphael Gross – ICR Dirk Montgomery – Interim Chief Executive Officer Tyler Yoesting – Chief Accounting Officer and Acting Chief Financial Officer Conference Call Participants Edward Reily – EF Hutton Operator Good day, and welcome to the Fiesta Restaurant Group Fourth Quarter 2022 Earnings Call. Alll participants will be in listen-only mode.

Fiesta Restaurant Group, Inc. (FRGI) Q4 2022 Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® restaurant brand, today reported results for the 13-week fourth quarter, which ended on January 1, 2023, and provided a business update related to current operations.

Fiesta Restaurant Group, Inc. Reports Fourth Quarter 2022 Results

DALLAS--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. (“Fiesta” or the “Company”) (NASDAQ: FRGI), parent company of the Pollo Tropical® fast-casual restaurant brand, today announced that it will host a conference call to review fourth quarter and full year 2022 results on Thursday, March 2, 2023 at 4:30 P.M. ET. A press release containing fourth quarter and full year 2022 results will be issued after market close that same day.

Fiesta Restaurant Group, Inc. to Announce Fourth Quarter and Full Year 2022 Results on March 2, 2023

DALLAS, Texas--( BUSINESS WIRE )--Fiesta Restaurant Group, Inc. (“Fiesta” or the “Company”) (NASDAQ: FRGI) announced today that the Board of Directors has appointed Nirmal Kumar (Trip) Tripathy as its newest member, effective January 16, 2023. With his appointment, the Company's Board stands at eight members. The Company also announced that Mr. Tripathy will immediately join the Company's Audit Committee and Corporate Governance and Nominating Committee.

Fiesta Restaurant Group, Inc. Welcomes Nirmal Kumar (Trip) Tripathy to Its Board of Directors

DALLAS, Texas--( BUSINESS WIRE )--Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® brand, today announced that Richard “Rich” Stockinger has stepped down from his role as the Company's Chief Executive Officer and President to pursue other interests, effective immediately. Dirk Montgomery, Fiesta's Chief Financial Officer since 2019, will serve as interim CEO while the Company searches for a permanent chief executive.

Fiesta Restaurant Group, Inc. Appoints Dirk Montgomery as Interim CEO; Rich Stockinger Steps Down

Fiesta Restaurant Group, Inc. (NASDAQ:FRGI ) Q3 2022 Earnings Conference Call November 10, 2022 4:30 PM ET Company Participants Raphael Gross - ICR Rich Stockinger - President and CEO Dirk Montgomery - CFO Conference Call Participants Edward Riley - EF Hutton Operator Good day, and welcome to the Fiesta Restaurant Group Third Quarter 202 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Fiesta Restaurant Group, Inc. (FRGI) Q3 2022 Earnings Call Transcript

DALLAS--( BUSINESS WIRE )--Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® restaurant brand, today reported results for the 13-week third quarter, which ended on October 2, 2022, and provided a business update related to current operations.

Fiesta Restaurant Group, Inc. Reports Third Quarter 2022 Results

DALLAS--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. (“Fiesta” or the “Company”) (NASDAQ: FRGI), parent company of the Pollo Tropical® fast-casual restaurant brand, today announced that it will host a conference call to review third quarter 2022 results on Thursday, November 10, 2022 at 4:30 P.M.

Fiesta Restaurant Group, Inc. to Announce Third Quarter 2022 Results on November 10, 2022

DALLAS, Texas--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® brand, today provided an update on its restaurants impacted by Hurricane Ian in Florida. The Company owns, operates and franchises 137 Pollo Tropical restaurants across the state. In an effort to ensure the safety of its team members, select Pollo Tropical restaurants in the storm's path were closed early on September 27 and all Pollo Tropical restauran

Fiesta Restaurant Group, Inc. Provides Update on Pollo Tropical Restaurants Impacted by Hurricane Ian

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