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Fiesta Restaurant Group: Menu drove 2Q same-store sales increaseFiesta Restaurant Group: Menu drove 2Q same-store sales increase

The company reports for the first time as a standalone entity since its Carrols spinoff

Ron Ruggless, Senior Editor

October 25, 2012

3 Min Read
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Ron Ruggless

Fiesta Restaurant Group Inc. credited menu item strength for its increases in same-store sales in the second quarter, the first it reported as a standalone company with the Taco Cabana and Pollo Tropical brands.

Fiesta was spun off May 7 from Syracuse, N.Y.-based Carrols Restaurant Group Inc., which is the nation’s largest Burger King franchisee.

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Miami-based Fiesta on Wednesday reported net income for the second quarter, ended July 1, rose 8.3 percent to $3.9 million, or 17 cents a share, compared with $3.6 million, or 16 cents a share, in the prior-year quarter. Revenue rose 6.3 percent to $128....

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About the Author

Ron Ruggless

Senior Editor, Nation’s Restaurant News / Restaurant Hospitality

Ron Ruggless serves as a senior editor for Informa Connect’s Nation’s Restaurant News (NRN.com) and Restaurant Hospitality (Restaurant-Hospitality.com) online and print platforms. He joined NRN in 1992 after working 10 years in various roles at the Dallas Times Herald newspaper, including restaurant critic, assistant business editor, food editor and lifestyle editor. He also edited several printings of the Zagat Dining Guide for Dallas-Fort Worth, and his articles and photographs have appeared in Food & Wine, Food Network and Self magazines. 

Ron Ruggless’ areas of expertise include foodservice mergers, acquisitions, operations, supply chain, research and development and marketing. 

Ron Ruggless is a frequent moderator and panelist at industry events ranging from the Multi-Unit Foodservice Operators (MUFSO) conference to RestaurantSpaces, the Council of Hospitality and Restaurant Trainers, the National Restaurant Association’s Marketing Executives Group, local restaurant associations and the Horeca Professional Expo in Madrid, Spain.

Ron Ruggless’ experience:

Regional and Senior Editor, Informa Connect’s Nation’s Restaurant News and Restaurant Hospitality (1992 to present)

Features Editor – Dallas Times Herald (1989-1991)

Restaurant Critic and Food Editor – Dallas Times Herald (1987-1988)

Editing Roles – Dallas Times Herald (1982-1987)

Editing Roles – Charlotte (N.C.) Observer (1980-1982)

Editing Roles – Omaha (Neb.) World-Herald (1978-1980)

Email: [email protected]

Social media:

Twitter@RonRuggless

LinkedIn: www.linkedin.com/in/ronruggless

Instagram: @RonRuggless

TikTok: @RonRuggless

 

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