Carrols Restaurant Group

Carrols Restaurant Group, Inc. engages in the operation of restaurants under the Burger King and Popeyes brands. It serves flame-broiled whopper sandwich, hamburgers, chicken and other specialty sandwiches, fries, salads, breakfast items, smoothies, frappes, and other snacks. The company was founded in 1960 and is headquartered in Syracuse, NY.

Earnings data Q3 2020

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Carrols Restaurant Group posts strong Q4 results and eyes growth

Carrols Restaurant Group delivered a robust performance in Q4 2022, marked by strong financial results, operational enhancements, and strategic initiatives driving growth and profitability.
While facing challenges such as inflation moderation and pricing consistency, the company's focus on efficiency, brand building, and prudent decision-making positions it well for future success and sustainable value creation.
With a clear emphasis on organic growth, operational excellence, and franchisee support, Carrols is poised to capitalize on opportunities for expansion, innovation, and market leadership in the dynamic restaurant landscape.

Carrols Restaurant Group excels in Q1, eyes growth opportunities

Carrols Restaurant Group's Q1 performance reflects strong sales growth, improved profitability, and effective cost management strategies.
While challenges persist in the competitive landscape and operational efficiency, the company is well-positioned to capitalize on growth opportunities.
Optimism about business momentum, strategic initiatives, and financial discipline underpin Carrols Restaurant Group's outlook for the future.

Carrols Restaurant Group achieves record Q2 performance and focuses on sustainable growth

Carrols Restaurant Group's Q2 2023 performance reflects robust financial results, operational improvements, and strategic initiatives aimed at driving growth. Despite anticipated margin moderation, the company's focus on balance sheet strength, organic growth, and customer-centric strategies bodes well for its long-term prospects.

Carrols Restaurant Group reports strong Q3 performance and strategic growth plans

Carrols Restaurant Group's Q3 2023 performance showcased robust sales growth, margin expansion, and improved profitability. The company's strategic focus on operational efficiencies, digital initiatives, and restaurant modernization positions it well for future growth. While facing challenges in a competitive market, Carrols Restaurant Group's strong financial position and dividend declaration underscore its resilience and commitment to shareholder value.

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Carrols Restaurant Group (TAST) is a Zacks Rank #1 (Strong Buy) that has an A for Value and an A for Growth.  Carrols Restaurant Group is the largest Burger King franchisee and has some Popeye's stores in the mix.

Bull Of The Day: Carrols Restaurant Group (TAST)

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Carrols Restaurant Group, Inc. (TAST) Q3 2023 Earnings Call Transcript

Comparable restaurant sales growth of 8.2% , including positive traffic growth at our Burger King restaurants

Carrols Restaurant Group, Inc. Reports Financial Results for the Third Quarter 2023

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Carrols Restaurant's (TAST) fiscal third-quarter 2023 performance is likely to reflect strong comparable restaurant sales growth for the company's Burger King and Popeyes restaurants.

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In the closing of the recent trading day, Carrols Restaurant Group (TAST) stood at $5.57, denoting a +0.36% change from the preceding trading day.

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Carrols Restaurant Group is a major franchisee of Burger King and Popeyes, operating over 1,000 restaurants in the US. The company has been reporting negative net profits since 2019 due to high corporate expenses and margin contraction. However, recent improvements in pricing have led to a rebound in profitability and a strong stock performance.

Carrols Stock: A Discounted Tasty Treat

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Carrols Restaurant Group (TAST) closed the most recent trading day at $5.70, moving -1.89% from the previous trading session.

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News for Carrols Restaurant Group Stock (TAST)