Fiesta Restaurant Group profit rose 20.8% in 2Q

Fiesta Restaurant Group profit rose 20.8% in 2Q

Second quarter sales up at Pollo Tropical, Taco Cabana brands

Comparable improvements in sales at both the Pollo Tropical and Taco Cabana brands propelled Fiesta Restaurant Group Inc. to a 20.8 percent increase in profit for the second quarter ended June 28, the company reported Thursday.

The Addison, Texas-based fast-casual operator said net income in the second quarter was $11.2 million, or 42 cents a share, up from $9.3 million, or 35 cents a share, in the same period a year ago. Revenues increased 11.5 percent, to $171.9 million from $

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish