Restaurant Sales Decline at Pollo Tropical, Taco Cabana
Fiesta Restaurant Group, Inc., parent company of the Pollo Tropical and Taco Cabana fast casual restaurant brands, reported results for the 13-week fourth quarter and 52-week full year 2016, which ended on January 1, 2017.
Select fourth quarter 2016 results (13 weeks) as compared to fourth quarter 2015 results (14 weeks) include:
Total revenues decreased 4.6 percent to $171.3 million. Excluding the extra week in 2015, total revenues increased 2.1 percent.