Carrols (TAST) Expects $5.6-$6.1M Q1 Impairment Charges Related to Closing of Pollo Tropical Locations in NJ

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In a Form 8-K after the close Tuesday, the Board of Carrols Restaurant (Nasdaq: TAST) concluded the company had impairment and other lease charges related to the approval of its plan to close five Pollo Tropical restaurants located in New Jersey. Following the completion of those closings on March 27th, Carrols expects to record total additional impairment and other lease charges in Q1 of $5.6-$6.1 million.

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