Fiesta Restaurant Group swings to profit in 4Q

Fiesta Restaurant Group swings to profit in 4Q

Fiesta Restaurant Group Inc., parent to the Pollo Tropical and Taco Cabana brands, swung to a profit in the fourth quarter on increased sales and guest traffic, the company reported Thursday.

For the quarter ended Dec. 30, Addison, Texas-based Fiesta reported a profit of $2.6 million, or 11 cents per share, compared to a loss of $130,000, or one cent per share, in the same period last year. Revenue in the fourth quarter increased 8.2 percent, to $126.6 million, from $116.9 in th

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