Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $3.60 USD
Change Today -0.25 / -6.49%
Volume 257.6K
IRG On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

ignite restaurant group inc (IRG) Snapshot

Open
$3.81
Previous Close
$3.85
Day High
$3.81
Day Low
$3.49
52 Week High
05/1/14 - $16.29
52 Week Low
04/17/15 - $3.49
Market Cap
94.2M
Average Volume 10 Days
158.6K
EPS TTM
$-1.84
Shares Outstanding
26.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for IGNITE RESTAURANT GROUP INC (IRG)

ignite restaurant group inc (IRG) Related Bloomberg News

View More Bloomberg News

ignite restaurant group inc (IRG) Related Businessweek News

View More BusinessWeek News

ignite restaurant group inc (IRG) Details

Ignite Restaurant Group, Inc., a diversified restaurant company, operates a portfolio of restaurants in the United States. The company operates three restaurants under the Joe's Crab Shack, Brick House Tavern + Tap, and Romano's Macaroni Grill brands. Its restaurant offers a range of food and beverages. As of December 29, 2014, the company owned and operated 139 Joe's Crab Shacks, 21 Brick House Tavern + Taps, and 153 Romano's Macaroni Grills in 36 states. It also franchises 26 Macaroni Grills in 4 states and 10 international markets. The company was formerly known as Joe's Crab Shack Holdings, Inc. and changed its name to Ignite Restaurant Group, Inc. in July 2009. Ignite Restaurant Group, Inc. was founded in 1991 and is headquartered in Houston, Texas.

18,600 Employees
Last Reported Date: 03/13/15
Founded in 1991

ignite restaurant group inc (IRG) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $781.3K
President and Chief Financial Officer
Total Annual Compensation: $573.5K
President of Joe's Crab Shack Restaurants
Total Annual Compensation: $386.0K
President of Brick House Tavern + Tap
Total Annual Compensation: $249.2K
Compensation as of Fiscal Year 2013.

ignite restaurant group inc (IRG) Key Developments

Ignite Restaurant Group, Inc. Announces Management Changes

Ignite Restaurant Group, Inc. announced that it has completed the previously announced sale of its Romano’s Macaroni Grill subsidiary to Redrock Partners, LLC. Concurrent with the close of the sale, the company also announced the following organizational and senior management changes: Brad Leist has been promoted to Chief Financial Officer. He will replace Michael Dixon, President and Chief Financial Officer, who will be formally leaving the company, effective April 17, 2015, but will continue working on a consulting basis through May 15, 2015. Ray Blanchette, Chief Executive Officer, will resume the title of President; David Catalano has been promoted to Chief Operating Officer, overseeing operations for both Joe’s Crab Shack and Brick House Tavern + Tap; Robyn Martin, Senior Counsel, has been promoted to the role of General Counsel; and Jim Mazany, President of Joe’s Crab Shack, will be leaving the company, effective April 17, 2015. Brad Leist joined Ignite in 2012 and most recently served as Senior Vice President of Accounting and Finance. Prior to joining Ignite, Brad served in a variety of positions, most recently as Vice President' Corporate Controller at Builders FirstSource, Inc. from 2004 to 2012. Brad also worked for seven years in public accounting for PricewaterhouseCoopers LLP. David Catalano joined Ignite in April 2013 to lead the Macaroni Grill brand and became President of Brick House in March 2014. Prior to joining Ignite, David held senior operating roles at TGI Fridays, Hard Rock Café and Apple Gold (one of the large Applebee’s franchise groups). In his new role, David will be responsible for all aspects of operations for Joe’s Crab Shack and Brick House Tavern + Tap. Robyn Martin has most recently served as Ignite’s Senior Counsel and has been with the company since August 2012.

Ignite Restaurant Group, Inc. Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 29, 2014; Reports Asset Impairment Charges for the Fourth Quarter Ended December 29, 2014

Ignite Restaurant Group, Inc. announced consolidated earnings results for the fourth quarter and year ended December 29, 2014. For the quarter, the company reported revenues of $177,251,000 against $186,850,000 a year ago. Loss from operations was $16,127,000 against $11,779,000 a year ago. Loss before income taxes was $20,090,000 against $12,993,000 a year ago. Net loss was $48,521,000 or $1.89 per basic and diluted share against $4,371,000 or $0.17 per basic and diluted share a year ago. Adjusted net loss - non-GAAP was $6,385,000 or $0.25 per basic and diluted share against $4,064,000 or $0.16 per basic and diluted share a year ago. For the year, the company reported revenues of $837,185,000 against $760,848,000 a year ago. Loss from operations was $21,654,000 against $14,893,000 a year ago. Loss before income taxes was $34,210,000 against $18,978,000 a year ago. Net loss was $53,549,000 or $2.09 per basic and diluted share against $6,585,000 or $0.26 per basic and diluted share a year ago. Adjusted net loss - non-GAAP was $6,159,000 or $0.24 per basic and diluted share against $1,317,000 or $0.05 per basic and diluted share a year ago. The fourth quarter and full year 2014 results include a $36.0 million deferred tax asset valuation allowance. For the quarter, the company recorded asset impairment of $6,964,000 against $682,000 a year ago.

Ignite Restaurant Group, Inc. to Report Q4, 2014 Results on Mar 12, 2015

Ignite Restaurant Group, Inc. announced that they will report Q4, 2014 results at 5:00 PM, US Eastern Standard Time on Mar 12, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
IRG:US $3.60 USD -0.25

IRG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Chuy's Holdings Inc $24.19 USD -0.48
Famous Dave's of America Inc $28.94 USD -0.44
Isle of Capri Casinos Inc $14.31 USD -0.24
Ruby Tuesday Inc $7.21 USD -0.13
Marcus Corp/The $20.83 USD -0.07
View Industry Companies
 

Industry Analysis

IRG

Industry Average

Valuation IRG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 1.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact IGNITE RESTAURANT GROUP INC, please visit www.igniterestaurants.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.