Carrols Restaurant Group (TAST) Misses Q2 EPS by 12c, Sales Beat; Raises Sales Outlook

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Go back to Carrols Restaurant Group (TAST) Misses Q2 EPS by 12c, Sales Beat; Raises Sales Outlook

Carrols Restaurant Group, Inc. Reports Financial Results for the Second Quarter of 2015

August 4, 2015 7:00 AM EDT

Company Raises 2015 Outlook

SYRACUSE, N.Y.--(BUSINESS WIRE)-- Carrols Restaurant Group, Inc. (Carrols or the Company) (Nasdaq: TAST) today announced financial results for the second quarter ended June 28, 2015. The Company also raised its 2015 outlook.

Highlights for the second quarter of 2015 versus the second quarter of 2014 include:

Restaurant sales increased 30.0% to $219.1 million from $168.6 million in the second quarter of 2014, which included $38.8 million in sales from 127 BURGER KING® restaurants that were acquired in 2014 and 2015; Comparable restaurant sales increased 10.3% compared to a 2.0% decrease in the prior year period;... More