Brief: Fiesta Restaurant Group Reports Q4 Loss Per Share $0.40

Fiesta Restaurant

26/02/2018 21:05

Feb 26 (Reuters) - Fiesta Restaurant Group Inc  FRGI.O : 
    * FIESTA RESTAURANT GROUP, INC. REPORTS FOURTH QUARTER AND 
FULL 
YEAR 2017 RESULTS 
    * Q4 ADJUSTED EARNINGS PER SHARE $0.00 
    * Q4 LOSS PER SHARE $0.40 
    * Q4 REVENUE FELL 5.3 PERCENT TO $162.2 MILLION 
    * INITIATES SHARE REPURCHASE PROGRAM 
    * FIESTA RESTAURANT GROUP - BOARD APPROVED SHARE REPURCHASE 
PROGRAM FOR UP TO 1.5 MILLION SHARES OF CO'S STOCK 
    * FIESTA RESTAURANT GROUP QTRLY COMPARABLE RESTAURANT SALES 
AT 
TACO CABANA DECREASED 7.4% 
    * FIESTA RESTAURANT GROUP QTRLY COMPARABLE RESTAURANT SALES 
AT 
POLLO TROPICAL DECREASED 0.1% 
    * TOTAL CAPITAL EXPENDITURES IN 2018 ARE EXPECTED TO BE 
$60.0 
MILLION TO $70.0 MILLION 
 
Source text for Eikon:  ID:nBw6xmD15a  
Further company coverage:  FRGI.O  
 
 ((Reuters.Briefs@thomsonreuters.com;))