Pollo Tropical


What Pollo Tropical's new owners plan to do with the brand

A Deeper Dive: Alex Macedo, chairman of Authentic Restaurant Brands, joins the podcast to talk about acquisition and expansion plans.


Pollo Tropical's new owner is content with keeping it in Fla.

Authentic Restaurant Brands completed its acquisition of the chicken chain. Here’s why the company is keeping its focus local as it takes over.

Authentic Restaurant Brands, which operates Primanti Bros and P.J. Whelihan’s, is taking the fast-casual chicken chain private for $8.50 per share.

Earnings roundup: Results from smaller operators and several industry suppliers also cast light on the industry’s performance, particularly by independents.

He has served as interim CEO since December 2022 and was previously chief financial officer for the Dallas-based company.

The fast-casual chicken restaurant chain said its traffic has improved so far this year, as did its profit margins.

Dirk Montgomery, who has been CFO since 2019, will step in immediately as interim CEO of Fiesta Restaurant Group.

The chicken chain said it has raised prices more than 13% in recent months but has taken a phased approach so as not to upset value-minded diners.

The fast casual is recovering from the pandemic but it said its growth is being slowed in cities where it is having a hard time finding employees.

Parent company Fiesta Restaurant Group reports an uptick at Pollo Tropical, while Taco Cabana is holding steady in Q3, according to preliminary results.

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