Last $57.18 USD
Change Today +2.86 / 5.27%
Volume 265.8K
FRGI On Other Exchanges
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As of 5:20 PM 11/24/14 All times are local (Market data is delayed by at least 15 minutes).

fiesta restaurant group (FRGI) Snapshot

Open
$54.52
Previous Close
$54.32
Day High
$57.25
Day Low
$54.52
52 Week High
11/5/14 - $59.80
52 Week Low
05/15/14 - $35.34
Market Cap
1.5B
Average Volume 10 Days
233.7K
EPS TTM
$0.83
Shares Outstanding
26.8M
EX-Date
--
P/E TM
68.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for FIESTA RESTAURANT GROUP (FRGI)

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fiesta restaurant group (FRGI) Details

Fiesta Restaurant Group, Inc., through its subsidiaries, owns, operates, and franchises fast-casual restaurants. It operates its fast-casual restaurants under the Pollo Tropical and Taco Cabana brand names. The company’s Pollo Tropical restaurants offer various Caribbean food, and Taco Cabana restaurants offer a selection of Mexican food. As of September 28, 2014, it owned and operated 119 Pollo Tropical and 166 Taco Cabana restaurants; and franchised 36 Pollo Tropical restaurants in the United States, Puerto Rico, the Bahamas, Ecuador, Guatemala, Honduras, Panama, Trinidad & Tobago, Venezuela, and the Dominican Republic; and 7 Taco Cabana restaurants in the United States. The company was incorporated in 2011 and is headquartered in Addison, Texas.

9,175 Employees
Last Reported Date: 02/25/14
Founded in 2011

fiesta restaurant group (FRGI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $951.7K
Chief Financial Officer, Vice President and T...
Total Annual Compensation: $515.1K
Chief Operating Officer of Pollo Tropical
Total Annual Compensation: $478.3K
Vice President, General Counsel and Secretary...
Total Annual Compensation: $478.1K
Chief Operating Officer of Taco Cabana
Total Annual Compensation: $432.8K
Compensation as of Fiscal Year 2013.

fiesta restaurant group (FRGI) Key Developments

Fiesta Restaurant Group, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 28, 2014; Provides Earnings Guidance for the Full Year of 2014 and Full Year of 2015; to Open 26 to 30 New Company Owned Restaurants in 2015; Plans Up to Four Company Owned Stores Closures in 2015; Reports Impairment Charge in the Third Quarter of 2014

Fiesta Restaurant Group, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 28, 2014. For the quarter, the company reported total revenues of $155,298,000 compared with $140,678,000 for the same period a year ago. Income from operations was $15,373,000 compared with $12,095,000 for the same period a year ago. Income before income taxes was $14,837,000 compared with $7,638,000 for the same period a year ago. Net income was $9,155,000 or $0.34 per basic and diluted share compared with $5,042,000 or $0.21 per basic and diluted share for the same period a year ago. Adjusted EBITDA was $21,874,000 compared with $17,513,000 for the same period a year ago. EBITDA was $32,252,000 compared with $27,932,000 for the same period a year ago. For the nine months, the company reported total revenues of $454,919,000 compared with $415,182,000 for the same period a year ago. Income from operations was $45,771,000 compared with $36,541,000 for the same period a year ago. Income before income taxes was $44,064,000 compared with $22,066,000 for the same period a year ago. Net income was $27,188,000 or $1.02 per basic and diluted share compared with $14,810,000 or $0.63 per basic and diluted share for the same period a year ago. Adjusted EBITDA was $65,006,000 compared with $53,022,000 for the same period a year ago. EBITDA was $96,616,000 compared with $85,493,000 for the same period a year ago. The company expects an estimated annual effective income tax rate for 2014 of 38.3%. The company expects capital expenditures to be between $70 million and $75 million in total in 2014. For the full year 2014, the company expects to exceed the high-end of comp sales growth range established earlier in the year of 5% at Pollo. With respect to Taco, the company continues to expect comp sales growth between 1.5% and 3.5% as previously communicated. For the full year 2015, the company expects mid-single digit comparable restaurant sales growth at Pollo Tropical; low-single digit comparable restaurant sales growth at Taco Cabana; an effective tax rate of approximately 38% to 40% assuming the Work Opportunity Tax Credit is not renewed for 2015 or, if the tax credit is renewed for 2015, the company expects an improvement to its effective tax rate of approximately 150 basis points. Total capital expenditures in 2015 are projected in the range of $78 million to $88 million. This consist of one, new restaurant development capital expenditures of $58 million to $65 million. Two, capital expenditures to complete the Taco remodeling program to implement a new Pollo remodeling program and capital maintenance at both brands of $14 million to $15 million; and three, capital expenditures for IT and other projects of $6 million to $8 million. The company announced that it is planning 26 to 30 new company-owned restaurant openings including 24 to 26 Pollo Tropical and two to four Taco Cabana restaurants in the full year 2015. The company also announced that it is planning up to four company-owned restaurant closings, one Pollo Tropical relocation and three potential Taco Cabana restaurant closings in full year 2015. The company reported that it incurred an impairment charge of $0.2 million this quarter related to a decision to opportunistically relocate an existing restaurant to a superior location in the same trade area prior to lease expiration.

Fiesta Restaurant Group, Inc. to Report Q3, 2014 Results on Nov 04, 2014

Fiesta Restaurant Group, Inc. announced that they will report Q3, 2014 results at 4:30 PM, US Eastern Standard Time on Nov 04, 2014

Fiesta Restaurant Group, Inc., Q3 2014 Earnings Call, Nov 04, 2014

Fiesta Restaurant Group, Inc., Q3 2014 Earnings Call, Nov 04, 2014

 

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Valuation FRGI Industry Range
Price/Earnings 65.7x
Price/Sales 2.4x
Price/Book 7.5x
Price/Cash Flow 33.2x
TEV/Sales 2.3x
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