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Morgan Stanley sees upward wage pressure as a cost headwind for consumer retail stocks in general. In particular, the MS analyst team points to the new state-level minimum wage in Florida of $15 per hour (phased in) as a headwind for companies doing business in the Sunshine State. The retail ...
Fiesta Restaurant Group, Inc. (FRGI) Q3 2020 Earnings Conference Call November 4, 2020 16:30 ET Company Participants Raphael Gross - Managing Director-ICR Rich Stockinger - President & Chief Executive Officer Dirk Montgomery - Chief Financial Officer Conference Call Participants Nicole Re...
Image source: The Motley Fool. Fiesta Restaurant Group Inc (NASDAQ: FRGI) Q3 2020 Earnings Call Nov 4, 2020 , 4:30 p.m. ET Operator Continue reading For further details see: Fiesta Restaurant Group Inc (FRGI) Q3 2020 Earnings Call Transcr...
Fiesta Restaurant (FRGI): Q3 Non-GAAP EPS of $0.08; GAAP EPS of $0.18 beats by $0.14.Revenue of $137.33M (-16.4% Y/Y) beats by $0.23M.Press Release For further details see: Fiesta Restaurant EPS beats by $0.14, beats on revenue
Sequential Improvement in Comparable Restaurant Sales Trend Compared to Second Quarter Pollo Tropical Q3 Adjusted EBITDA as % of Restaurant Sales Increased from 12.4% in 2019 to 13.6% in 2020 Taco Cabana Q3 Adjusted EBITDA as % of Restaurant Sales Increased from 1.6% i...
Restaurant stocks are sharply lower as concerns over COVID-19 cases and rising hospitalization rates in 31 U.S. states sweep over the sector. Of note globally, Germany Chancellor Angela Merkel is pushing to close bars and restaurants in the nation for a month. Germany has one the better COVID...
The Cuban Sandwich Goes Big Time as Pollo Tropical launches its new line of Cuban Pressed Sandwiches The brand champions local Cuban cuisine and brings it to the larger Florida market. PR Newswire MIAMI, Oct. 6, 2020 MIAMI , Oct. 6, 2020 /PRNewswire/ --...
Improvement in Comparable Restaurant Sales Trend Extended Through the Third Quarter Pollo Tropical and Taco Cabana Adjusted EBITDA Margins for Third Quarter Expected to be Above Same Period Last Year Total Debt Reduced from $56 Million on July 31 to $42 million on Sept...
$1 Tacos Are Back At Taco Cabana Taco Cabana offers $1 tacos in celebration of National Taco Day PR Newswire SAN ANTONIO, Sept. 29, 2020 SAN ANTONIO , Sept. 29, 2020 /PRNewswire/ -- Celebrate National Taco Day at Taco Cabana! On Sunday, October 4 , th...
About 60% of businesses that have closed their doors during the coronavirus pandemic will never reopen, and restaurants have suffered the most, according to new data from Yelp . More news on: McDonald's Corporation, Restaurant Brands International Inc., Yum! Brands, Inc., Consumer stocks ...
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Authentic Restaurant Brands (“ARB”), a portfolio company of Garnett Station Partners, LLC (“Garnett Station” or “GSP”), a New York-based principal investment firm, today announced the completion of its previously announced acquisition of Fiesta Restaurant...