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Fiesta Restaurant Group: 3Q sales rise on increased traffic

The Pollo Tropical and Taco Cabana parent also reported increases in net income and revenue

Fiesta Restaurant Group saw its net income rise 50 percent during the third quarter of 2012, which officials attributed to remodeled stores, a focus on good food and value, and increased foot traffic.

For the quarter ending September 30, the parent to the Pollo Tropical and Taco Cabana chains reported net income at $3.6 million, or $0.16 per share, compared to $2.4 million, or $0.10 per share, a year earlier, for a $1.2-million increase.

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