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Fiesta Restaurant Group (Fiesta Restaurant Group) Retained Earnings : $-10.6 Mil (As of Jun. 2023)


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What is Fiesta Restaurant Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fiesta Restaurant Group's retained earnings for the quarter that ended in Jun. 2023 was $-10.6 Mil.

Fiesta Restaurant Group's quarterly retained earnings declined from Dec. 2022 ($-12.5 Mil) to Mar. 2023 ($-14.4 Mil) but then increased from Mar. 2023 ($-14.4 Mil) to Jun. 2023 ($-10.6 Mil).

Fiesta Restaurant Group's annual retained earnings increased from Dec. 2020 ($-8.3 Mil) to Dec. 2021 ($2.0 Mil) but then declined from Dec. 2021 ($2.0 Mil) to Dec. 2022 ($-12.5 Mil).


Fiesta Restaurant Group Retained Earnings Historical Data

The historical data trend for Fiesta Restaurant Group's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fiesta Restaurant Group Retained Earnings Chart

Fiesta Restaurant Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.27 1.88 -8.33 2.04 -12.52

Fiesta Restaurant Group Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.53 -8.45 -12.52 -14.43 -10.57

Fiesta Restaurant Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Fiesta Restaurant Group  (NAS:FRGI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Fiesta Restaurant Group (Fiesta Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
14800 Landmark Boulevard, Suite 500, Dallas, TX, USA, 75254
Fiesta Restaurant Group Inc owns two fast-casual restaurant brands: Pollo Tropical, which offers Caribbean-inspired food; and Taco Cabana, which offers Mexican food. Collectively, the company owns and operates more than 300 restaurants in the southern United States. Roughly three-quarters of all Pollo Tropical restaurants are located in Florida. Taco Cabana restaurants are located almost exclusively in Texas. The company also franchises restaurants in Central and South America, which account for a very small portion of total company revenue.
Executives
Nirmal K Tripathy director THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Tyler Yoesting officer: Vice President and Acting CFO C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Ulyses Camacho officer: See Remarks C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Eladio Romeo officer: See Remarks C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Patricia Lopez-calleja officer: SVP, Guest Engagement C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Andrew Rechtschaffen director C/O OBREM CAPITAL MANAGEMENT, LLC, 733 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Cheri Kinder officer: VP, Corporate Controller 14800 LANDMARK BOULEVARD, SUITE 500, ADDISON TX 75254
Louis Dipietro officer: SVP, GC and Secretary 35 PARK STREET, NORFOLK MA 02056
Anthony Dinkins officer: SVP of Human Resources 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Hope Diaz officer: See Remarks C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Dirk A Montgomery officer: SVP, CFO and Treasurer C/O HEALTH INSURANCE INNOVATIONS, INC., 15438 N. FLORIDA AVE., SUITE 201, TAMPA FL 33613
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Richard C. Stockinger officer: CEO and President C/O BENIHANA INC., 8685 N.W. 53RD TERRACE, MIAMI FL 33166
Sherrill Kaplan director C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BOULEVARD, SUITE 500, DALLAS TX 75254
Joseph Brink officer: VP, Chief Procurement Officer 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254

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