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Fiesta Restaurant Group, Inc. is a holding company, which engages in the acquisition, operation, and franchising of fast-casual restaurants. It operates through the Pollo Tropical and Other segments. The Pollo Tropical segment offers fire-grilled and crispy citrus marinated chicken and other freshly prepared tropical-inspired menu items. The Other segment includes corporate-owned property and equipment, advisory fees, and corporate. The company was founded in April 2011 and is headquartered in Dallas, TX.
While this isn't the news that Beyond Meat investors (should) have been waiting on, it could be big for Fiesta Restaurant Group.
Pollo Tropical is already a failed expansion play. Should you buy into the turnaround before expansion plan 2.0 is revealed?
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