Earnings Scheduled For August 12, 2021
Companies Reporting Before The Bell
• Anavex Life Sciences (NASDAQ:AVXL) is estimated to report earnings for its third quarter.
Fiesta Restaurant To Sell Taco Cabana For $85M
Fiesta Restaurant Group Inc (NASDAQ:FRGI) has entered into a definitive stock purchase agreement to sell the Taco Cabana restaurant brand to YTC…
Fiesta Restaurant Group, Inc. Enters Into Definitive Agreement For The Sale Of Taco Cabana To an Affiliate Of Yadav Enterprises, Inc. For $85M
Sale Will Enable Increased Focus on Pollo Tropical Growth Opportunity
Transaction Proceeds to Fully Repay Term Loan Borrowings
Cash Balance as of June 27, 2021 of $67.6 million
Fiesta Restaurant Group, Inc.Sale Will Enable Increased Focus on Pollo Tropical Growth Opportunity
Transaction Proceeds to Fully Repay Term Loan Borrowings
3 ETFS To Watch With Increased Restaurant Spending
One of the biggest trends to watch in 2021 continues to be the reopening of the economy as it relates to the increased rate of COVID-19 vaccinations and the lifting of restrictions in areas across the U.S. and globally.
Restaurants Could Benefit: One industry that saw pressure during the pandemic and could benefit from the reopening trend are restaurants.
Fiesta Restaurant Gr: Q1 Earnings Insights
Shares of Fiesta Restaurant Gr (NASDAQ:FRGI) moved lower in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share increased 109.09% over the past year to $0.01, which beat the estimate of ($0.03).
Earnings Scheduled For May 13, 2021
Companies Reporting Before The Bell
• CASI Pharmaceuticals (NASDAQ:CASI) is estimated to report quarterly loss at $0.06 per share on revenue of $5.05 million.