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February 11, 2016 4:40 PM ET

Hotels, Restaurants and Leisure

Company Overview of Del Frisco's Restaurant Group, Inc.

Company Overview

Del Frisco’s Restaurant Group, Inc. develops, owns, and operates restaurants in the United States. It owns and operates restaurants under the Del Frisco’s Double Eagle Steak House, Sullivan’s Steakhouse, and Del Frisco’s Grille brand names. The company offers steaks, as well as other menu selections, such as chops and fresh seafood. As of December 28, 2015, it operated 50 restaurants in 22 states and Washington, D.C. The company was founded in 1981 and is headquartered in Southlake, Texas.

930 South Kimball Avenue

Suite 100

Southlake, TX 76092

United States

Founded in 1981

4,745 Employees

Phone:

817-601-3421

Key Executives for Del Frisco's Restaurant Group, Inc.

Chief Executive Officer
Age: 58
Total Annual Compensation: $400.0K
Chief Financial Officer
Age: 47
Total Annual Compensation: $330.0K
Compensation as of Fiscal Year 2014.

Del Frisco's Restaurant Group, Inc. Key Developments

Del Frisco's Restaurant Group, Inc. Plans to Open Two to Three Grilles During 2016

Del Frisco's Restaurant Group, Inc. announced that during 2016, the company plans to open two to three Grilles including locations in Huntington, Long Island, New York and in Nashville, Tennessee. Early in the fourth quarter of 2016, it will move the Del Frisco's Double Eagle Steak House in North Dallas to Uptown Dallas.

Del Frisco's Restaurant Group, Inc. Announces Preliminary Earnings Results for the Fourth Quarter and Full Year Ended December 29, 2015

Del Frisco's Restaurant Group, Inc. announced Preliminary earnings results for the fourth quarter and full year ended December 29, 2015. For the fourth quarter 2015, consolidated revenues are expected between $113.9 million and $114.1 million representing an increase of 7.7% to 7.8% from $105.8 million from fourth quarter of 2014. Comparable restaurant sales decreased 1.6% at Del Frisco’s Double Eagle Steak House from fourth quarter of 2014. Comparable restaurant sales decreased 1.8% at Sullivan’s Steakhouse from fourth quarter of 2014. Comparable restaurant sales decreased 4.5% at Del Frisco’s Grille from fourth quarter of 2014. Blended comparable restaurant sales decreased 2.2% from fourth quarter of 2014. For the fiscal year 2015, consolidated revenues are expected between $331.4 million and $331.6 million representing an increase of 9.8% to 9.9% from $301.8 million for the full year of 2015. Comparable restaurant sales increased 0.1% at Del Frisco’s Double Eagle Steak House for the full year of 2015. Comparable restaurant sales increased 0.2% at Sullivan’s Steakhouse for the full year of 2015. Comparable restaurant sales decreased 4.4% at Del Frisco’s Grille for the full year of 2015. Blended comparable restaurant sales decreased 0.7% for the full year of 2015.

Del Frisco’s Restaurant Group Closes Phoenix Del Frisco’S Grille

Del Frisco's Restaurant Group, Inc. announced that it has closed the Del Frisco’s Grille located at 2425 E. Camelback Road in Phoenix, AZ, effective December 24, 2015. The Company will incur one-time lease termination and closing costs related to the Phoenix Del Frisco’s Grille during the fourth quarter.

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