Although being saddled with this debt could create some roadblocks on the path to recovery, this longer-term loan will provide more time and therefore should give the company more flexibility. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Currency in USD, Sr. VP, CFO, Chief Accounting Officer & Treasurer. I've been honored and privileged to lead this outstanding company and work with many wonderful colleagues, he said in a statement, and they are largely responsible for the substantial growth and progress Fiesta has attained.. From independent operators to hospitality groups, most are disappointed and some are angry that there remains no federal aid to support struggling restaurants.
As of January 2, 2022, it operated 138 company owned Pollo Tropical restaurants in Florida; 143 company owned Taco Cabana restaurants in Texas; and franchised 24 Pollo Tropical restaurants in the Puerto Rico, Panama, Guyana, Bahamas, Ecuador, and Florida, as well as franchised Taco Cabana restaurants six in New Mexico. The pillar scores are Audit: 5; Board: 2; Shareholder Rights: 3; Compensation: 2. JSmith@frgi.com) being used 93.1% of the time, View Email Formats for Fiesta Restaurant Group, Fiesta Restaurant Groups headquarters are in 14800 Landmark Blvd, Ste 500, Dallas, Texas, 75254, United States, Fiesta Restaurant Groups phone number is (972) 702-9300, Fiesta Restaurant Groups stock symbol is FRGI, Fiesta Restaurant Groups official website is www.frgi.com, Fiesta Restaurant Groups revenue is $595 Million, Fiesta Restaurant Groups NAICS: 722,7225, Fiesta Restaurant Group has 4,480 employees, Fiesta Restaurant Group is in the industry of: Hospitality, Restaurants, Fiesta Restaurant Group's main competitors are: Carrols Restaurant Group, The Restaurant Group, Copper Cellar, Homestyle Dining, The technologies that are used by Fiesta Restaurant Group are: Windows 10, Java, Trintech, Thawte, Fiesta Restaurant Group's CEO is Jack Smith, Fiesta Restaurant Group's CFO is Dirk Montgomery, Slide to rate Richard Stockinger as a President & Chief Executive Officer, Join the world's top companies using Zoominfo, Subscribe to "Fiesta Restaurant Group" News, See more information about Fiesta Restaurant Group.
Web page addresses and e-mail addresses turn into links automatically. ET. None of the information on this page has been provided or approved by Fiesta Restaurant Group.
Fiesta President and Chief Executive Officer Richard Stockinger said, "We continued to make good progress in our business in the first quarter with revenues continuing to show positive upward trends, DALLAS--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. (Fiesta or the Company) (NASDAQ: FRGI), parent company of the Pollo Tropical fast-casual restaurant brand, today announced that it will host a conference call to review first quarter 2022 results on Thursday, May 12, 2022 at 4:30 P.M. The company also leaned into curbside delivery, adding geofencing technology, and upgraded digital ordering and payment capabilities at the drive-thru, Stockinger said in the Q4 press release. Fiesta Restaurant Group has 4,480 employees, of which 23 are in a leadership position. Fiesta Restaurant Group appears in search results as Fiesta Restaurant Group Inc, fiesta restaurant group, inc., fiesta restaurant group , inc. Fiesta Restaurant Group, Fiesta Restaurant Group Inc. International Organization for Standardization, Web Hypertext Application Technology Working Group, Get Free Access to Fiesta Restaurant Group Contacts Info. The pillar scores are Audit: 5; Board: 2; Shareholder Rights: 3; Compensation: 2. The company's total debt was $21.4 million in early November, while net revolver debt was $9 million. 10% of employees are Black or African American. More chains could seek new loan structures,like Fiesta did, with access to the second round of PPP loans expected to be more difficult.
Mindful of Fiestas relatively low tax basis in Taco Cabana of approximately $60 million (as of year-end 2015), a tax-free spin-off may remain a viable route to maximizing shareholder value, however, the board intends to reconsider fully Fiestas options, including the possible continued ownership of Taco Cabana, the company said. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sr. VP, Chief Legal & People Officer, Gen. Revenues increased 5.6 percent to $181.5 million from $171.9 in the previous year. 10% of the management team is Black or African American. Fiesta Restaurant Group, Inc. was incorporated in 2011 and is based in Dallas, Texas.
Taft assumed the CEO post at the two brands in August 2011, when they were spun off from Syracuse, N.Y.-based Carrols Restaurant Group Inc. in 2012.
A, View contact profiles from Fiesta Restaurant Group, Fiesta Restaurant Group, Inc. (FRGI) CEO Rich Stockinger on Q1 2022 Results - Earnings Call Transcript, Fiesta Restaurant Group, Inc. Reports First Quarter 2022 Results, Fiesta Restaurant Group, Inc. to Announce First Quarter 2022 Results on May 12, 2022. 17% of Fiesta Restaurant Group's management is Hispanic or Latino.
Fiesta Restaurant Group, Inc.s ISS Governance QualityScore as of July 1, 2022 is 2.
However, Fiesta Restaurant Groups sales improvements came as it shifted its focus to off-premise channels, including to-go alcohol sales at Taco Cabana, as well as opening 143 out of its 146 Texas dining rooms just in time for Cinco de Mayo, which saw a 24% boost in sales compared to 2019. Lines and paragraphs break automatically. Fiesta Restaurant Group may also be known as or be related to FIESTA RESTAURANT GROUP INC., Fiesta Restaurant Group, Fiesta Restaurant Group Inc and Fiesta Restaurant Group, Inc. Fiesta Restaurant Group CEO and Leadership, Federal Reserve Bank of Dallas Executives, The Fiesta Restaurant Group executive team is. Counsel and Corp. Sec.
Fiesta announced in February that it planned to separate the Pollo Tropical and Taco Cabana concepts into two separate companies. y specialize in the operation of fast casual/quick service restaurants.
14800 Landmark Blvd, Ste 500, Dallas, Texas, 75254, United States, 8918 Tesoro Dr, Ste 200, San Antonio, Texas, 78217, United States, 7255 Corporate Center Dr, Miami, Florida, 33126, United States. The company's cash balance improvedfrom $75.1 million in April to $101.6 million in late June.
What's the impact of the Senate's failure to pass RRF? Zippia gives an in-depth look into the details of Fiesta Restaurant Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fiesta Restaurant Group. It operates its fast-casual restaurants under the Pollo Tropical and Taco Cabana brands. The employee data is based on information from people who have self-reported their past or current employments at Fiesta Restaurant Group. Fiesta Restaurant Group, Inc. (NASDAQ:NASDAQ:FRGI) Q1 2022 Earnings Conference Call May 12, 2022 04:30 PM ET Company Participants Raphael Gross - Managing Director, ICR Rich Stockinger - DALLAS--(BUSINESS WIRE)--Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical restaurant brand, today reported results for the 13-week first quarter, which ended on April 3, 2022, and provided a business update related to current operations. Registered in England and Wales. As of July 3, Fiesta had 172 company-owned Pollo Tropical restaurants, 164 company-owned Taco Cabana restaurants, 37 franchised Pollo Tropical restaurants and seven franchised Taco Cabana restaurants.
The conference call can be accessed live over the phone by dialing 412-317-5180. Since he was a kidin Venezuela, Amilinda owner Greg Leon was surrounded by cooking.
By the end of April, Pollo Tropical sales were down nearly 50%, for instance.
Scores indicate decile rank relative to index or region. But the pandemic nearly took that away, as his restaurant was stripped of promised funds and his staffing took a hit. Pollo Tropicals same-store sales were down 1.4 percent and Taco Cabanas same-store sales were down 3.8 percent.
A press release containing first quarter 2022 results will be issued after market close that same day.
Sr. VP of Strategic Initiatives & Chief Experience Officer, Fiesta Restaurant Group, Inc.s ISS Governance QualityScore as of. 'A huge slap in the face': Milwaukee chef on losing his RRF grant, Reef opens virtual food hall at Raleigh-Durham airport, Chipotle invests in kitchen automation platform Hyphen, Starbucks faces 'indefinite' strike at a Boston cafe, Denny's completes $82.5M acquisition of Keke's Breakfast Cafe, Undermanaged Spend Categories: How GPOs Help Mitigate Your Risks, The top workforce challenges in the restaurant industry, How Sustainability Can Lower Costs For Fast Food Restaurants, 'Shrinkflation' in restaurant portions causing spike in diner complaints, Meati nets $150M investment for expansion as products hit store shelves, A Science-Based Solution to Delivering Sustainable Protein to the Plate, Domino's US carryout same-store sales rise 14.6% in Q2. They specialize in the operation of fast casual/quick service restaurants.Read More, Fiesta Restaurant Group uses at least 5 email formats with first initials + last (ex. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. 14800 Landmark Blvd, Ste 500, Dallas, Texas, 75254, United States. In March, total debt was $148.4 million, while net revolver debt was $74.4 million, according to the Q3 earnings release. Find your B2B customer within minutes using affordable, accurate contact data from Datanyze, Fiesta Restaurant Group revenue is $595.3 M, Fiesta Restaurant Group has 4,480 employees, Fiesta Restaurant Group headquarters are located in 14800 Landmark Blvd, Ste 500, Dallas, Texas, 75254, United States, Fiesta Restaurant Groups main industries are: Hospitality, Restaurants, Fiesta Restaurant Groups CEO is Richard Stockinger. NasdaqGS - NasdaqGS Real Time Price. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. The company has improved its comparable sales from a negative 11.1% during Q3 2020 to a negative 8.2% during Q4 2020 at Pollo Tropical, and from a negative 14.2% during Q3 to a negative 10% during Q4 at Taco Cabana. Though Fiesta worked with vendors and landlords to achieve more flexible payment terms and cost reductions in early Q2, both chains navigated a rocky environment. For the second quarter ended July 3, Fiesta reported net income of $8.9 million, or 33 cents a share, down from $11.2 million, or 42 cents a share, in the prior-year period.
Here are further demographic highlights of the leadership team: Vice President, Corporate Controller and Chief Accounting Officer, Chief Financial Officer, Treasurer & Senior VP, Sr. Vice President, Chief Marketing Officer, Secretary, SVP, Chief Legal & People Officer. The restaurant industry reacts.
14800 Landmark BoulevardSuite 500Dallas, TX 75254United States972 702 9300https://www.frgi.com, Sector(s):Consumer CyclicalIndustry:RestaurantsFull Time Employees:4,480. They specialize in the operation of fast casual/quick service restaurants.
The most common ethnicity among Fiesta Restaurant Group executive officers is White. Fiesta Restaurant Group is 47% female and 53% male company-wide. The board also said it would review planned store openings and other capital expenditures in light of new market dynamics and recent operating performance, as well as the companys leadership transition., Jack Smith, Fiestas chairman, in a statement: Tim was instrumental in guiding the company through its successful transition as an independent public company and during his tenure improved operations at both brands, refined our marketing strategies and set the stage for ongoing growth., Taft said he was grateful to the Fiesta team.
Only 8% of hotels and restaurants received PPP loans during the first round.
The companys board said it has launched a search for a successor and it is also reconsidering the announced separation of the two brands into two companies. Subscribe to Restaurant Dive for top news, trends & analysis, The free newsletter covering the top industry headlines, Cybersource Survey: Biggest payment challenges for grocery and restaurant leaders are providin, Industry Dive to be acquired by Informa PLC, Five Guys Franchisee Partners With DailyPay to Support QSR Employees Wellbeing, By signing up to receive our newsletter, you agree to our, Fiesta Restaurant Group bets on expanded off-premise as part of recovery. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk. Executive Summary. Based on our data team's research, Richard C. Stockinger is the Fiesta Restaurant Group's CEO. Here's a list of some of the top trending technologies and APIs used by Fiesta Restaurant Group.
Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Kevin Boehm, co-owner of Chicago's BokaRestaurant Group,predicts fewer banks will participatethis time around.
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Fiesta Restaurant Group Inc. announced that Tim Taft will retire as president and CEO by year’s end.
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. By the end of Q3, the company significantly reduced its revolving credit facility and net revolver debt balances,Stockinger said in a Q3 earnings release. Get the free daily newsletter read by industry experts.
In light of this transition, as well as challenging market conditions affecting the entire industry, the company said in a statement, the board intends to review the companys strategic plan, including the previously announced separation of Taco Cabana.". Contact Ron Ruggless at [emailprotected] The data presented on this page does not represent the view of Fiesta Restaurant Group and its employees or that of Zippia. Stockingersaid the company's net debt reduction, combined with this new credit facility, will enable the company to exit the crisis in a stronger position and poised for growth. 4,480 Employees, Founded in 2011 and headquartered in Dallas, Texas , Fiesta Restaurant Group owns, operates and franchises Pollo Tropical and Taco Cabana restaurant brands. The company's Pollo Tropical restaurants offer fire-grilled and citrus marinated chicken, and other freshly prepared tropical inspired menu items; and Taco Cabana restaurants that provide Mexican inspired food made fresh by hand. Number 8860726. The Fiesta Restaurant Group executive team is 22% female and 70% male. Hispanic or Latino is the most common ethnicity company-wide.
Tim Taft will retire as president and CEO of Fiesta Restaurant Group Inc. by years end, the parent to the Pollo Tropical and Taco Cabana fast-casual concepts announced Thursday, and the companys board is reconsidering the separation of the two brands. Founded in 2011 and headquartered in Dallas, Texas , Fiesta Restaurant Group owns, operates and franchises Pollo Tropical and Taco Cabana restaurant brands. Fiesta Restaurant Group, Inc., together with its subsidiaries, owns, operates, and franchises fast-casual restaurants. Fiesta Restaurant Group, parent company of Taco Cabana and Pollo Tropical,has taken out a new $75 million loan with a $10 million revolving credit facility, which replaced its previous credit agreement with a longer-term loan through 2025.