Carrols Restaurant Group, Inc. (TAST) Misses Q1 EPS by 2c; Boosts FY11 Comps Outlook
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Price: $5.93 -0.84%
Revenue Growth %: -26.2%
Financial Fact:
Income from operations: -5.78M
Today's EPS Names:
ANF, DXLG, FL, More
Revenue Growth %: -26.2%
Financial Fact:
Income from operations: -5.78M
Today's EPS Names:
ANF, DXLG, FL, More
Trade TAST Now!
Carrols Restaurant Group, Inc. (NASDAQ: TAST) reported Q1 EPS of $0.10, $0.02 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $197.2 million versus the consensus estimate of $194.41 million.
Comps up 13.5 percent.
Sees FY11 comps up 6 - 8 percent for Pollo Tropical (compared to 3 - 5 percent announced previously) and to increase approximately 2 - 3 percent for Taco Cabana (compared to 1 - 2 percent announced previously). Burger King comparable restaurant sales are expected to be negative for the full year but improve from current trends in the second half of the year;
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Comps up 13.5 percent.
Sees FY11 comps up 6 - 8 percent for Pollo Tropical (compared to 3 - 5 percent announced previously) and to increase approximately 2 - 3 percent for Taco Cabana (compared to 1 - 2 percent announced previously). Burger King comparable restaurant sales are expected to be negative for the full year but improve from current trends in the second half of the year;
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