Carrols Restaurant Group, Inc. (TAST) Misses Q1 EPS by 2c; Boosts FY11 Comps Outlook
Tweet
Share
E-mailGet Alerts TAST Hot Sheet
Price: $9.54 --0%
Financial Fact:
Restaurant rent expense: 16.08M
Today's EPS Names:
OFLX, VAXX, NMRD, More
Financial Fact:
Restaurant rent expense: 16.08M
Today's EPS Names:
OFLX, VAXX, NMRD, More
Join SI Premium – FREE
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;
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;
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
- Eikon Therapeutics, Inc. (EIKN) Misses Q2 EPS by 163c
- CaliberCos Inc (CWD) Misses Q2 EPS by 43c; Offers Guidance
Create E-mail Alert Related Categories
Earnings, GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
