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Fiesta Restaurant Group Inc (FRGI.OQ)

FRGI.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Fiesta Restaurant, Units Enter Credit Agreement
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Fiesta Restaurant Group Inc ::FIESTA RESTAURANT GROUP - ON NOV 30, CO, UNITS ENTERED CREDIT AGREEMENT DATED NOV 30 PROVIDING REVOLVING CREDIT FACILITY OF UP TO $150 MILLION​.FIESTA RESTAURANT GROUP SAYS LOAN AGREEMENT MATURES ON NOV 30, 2022 - SEC FILING.FIESTA RESTAURANT GROUP INC - ‍MADE A REVOLVING CREDIT BORROWING IN AMOUNT OF $75 MILLION UNDER LOAN AGREEMENT AT CLOSING ON NOVEMBER 30, 2017​.  Full Article

Fiesta Restaurant Group posts Q3 adj. earnings $0.06/shr
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Fiesta Restaurant Group Inc :Fiesta Restaurant Group Inc reports third quarter 2017 results.Q3 revenue $158.7 million versus I/B/E/S view $162.2 million.Q3 adjusted earnings per share $0.06.Q3 loss per share $0.31.Q3 earnings per share view $0.23 -- Thomson Reuters I/B/E/S.Fiesta Restaurant - ‍after temporary closing of Pollo Tropical restaurants in Florida, Atlanta due to storms; sales starting to approach pre-hurricane levels​.  Full Article

Fiesta Restaurant Group says Mark Phillips appointed interim COO
Tuesday, 27 Sep 2016 

Fiesta Restaurant Group Inc : Fiesta Restaurant Group, Inc announces appointment of interim CEO; provides strategic update . Says Mark Phillips appointed interim COO . Fiesta Restaurant Group Inc says suspends Taco Cabana separation process, and suspends Pollo Tropical New Restaurant development in Texas . Tim Taft is retiring as CEO and president, and resigning as a director effective September 30, 2016 . Has decided to suspend additional development of Pollo Tropical restaurants in Texas and to review its strategy for development in state . Says Danny Meisenheimer appointed interim CEO and president . Fiesta restaurant group inc says suspends Taco Cabana separation process, and suspends Pollo Tropical New Restaurant development in Texas; other development to continue .In 2017 expects to open 14-17 new Pollo Tropical Restaurants primarily in Florida and 8-10 Taco Cabana Restaurants in Texas.  Full Article

Fiesta Restaurant CEO Tim Taft to retire at year end
Thursday, 25 Aug 2016 

Fiesta Restaurant Group, Inc. : CEO Tim Taft to retire at year end . Board of directors to reevaluate strategic plan . Company's board will immediately commence a search for Taft's successor . Appoints committee to seek successor and provide transition oversight . Committee will also consider composition of board and make any suggestions . Board of directors intends to review company's strategic plan, including separation of Taco Cabana . Board intends to reconsider fully Fiesta's options, including possible continued ownership of Taco Cabana . Board to review new store opening,capital expenditure plan in light of new market dynamics and recent operating performance .Due to Fiesta's relatively low tax basis in Taco Cabana of about $60 million,a tax-free spin-off may remain a "viable route".  Full Article

Fiesta Restaurant Group Q2 earnings per share $0.33
Wednesday, 3 Aug 2016 

Fiesta Restaurant : Fiesta Restaurant Group Inc. reports second quarter 2016 results . Q2 revenue $181.5 million versus I/B/E/S view $183.5 million . Q2 earnings per share $0.33 . Q2 adjusted Non-GAAP earnings per share $0.34 . Q2 earnings per share view $0.40 -- Thomson Reuters I/B/E/S . Sees Fy comparable restaurant sales to be between 3% to -1% at taco cabana; expected to be between -1% and +1% at pollo tropical .Qtrly comparable restaurant sales decreased 1.4% at pollo tropical, decreased 3.8% at taco cabana.  Full Article

Fiesta Restaurant Q1 revenue $176.7 mln
Monday, 9 May 2016 

Fiesta Restaurant Group Inc : Fiesta Restaurant Group Inc qtrly comparable restaurant sales at pollo tropical were flat, and comparable guest traffic increased 0.1% . Fiesta Restaurant Group Inc qtrly comparable restaurant sales at taco cabana increased 1.7%, and comparable guest traffic decreased 0.8% . Fiesta Restaurant Group Inc sees comparable restaurant sales growth of at least low single digits at both brands for 2016 . Fiesta Restaurant Group Inc sees 2016 capital expenditures of $90 to $100 million. . Fiesta Restaurant Group, Inc. Reports first quarter 2016 results .Q1 revenue $176.7 million versus I/B/E/S view $175.3 million.  Full Article

BRIEF-Fiesta Restaurant, Units Enter Credit Agreement

* FIESTA RESTAURANT GROUP - ON NOV 30, CO, UNITS ENTERED CREDIT AGREEMENT DATED NOV 30 PROVIDING REVOLVING CREDIT FACILITY OF UP TO $150 MILLION​