Fiesta Restaurant Group: 2Q Earnings Snapshot

Taco Cabana

DALLAS (AP) _ Fiesta Restaurant Group Inc. (FRGI) on Wednesday reported a loss of $8.3 million in its second quarter.
On a per-share basis, the Dallas-based company said it had a loss of 33 cents. Losses, adjusted for non-recurring costs, came to 11 cents per share.

The owner of Pollo Tropical and Taco Cabana restaurants posted revenue of $121.9 million in the period.
Fiesta Restaurant Group shares have declined 34% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.55, a decline of 31% in the last 12 months.

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