Carrols Restaurant Group (TAST) Tops Q2 EPS by 4c
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Carrols Restaurant Group, Inc. Reports Financial Results for the Second Quarter of 2016
August 9, 2016 7:00 AM EDTRaises its 2016 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 July 3, 2016. The Company also raised its 2016 outlook.
Highlights for second quarter of 2016 versus second quarter of 2015 include:
Restaurant sales increased 10.2% to $241.4 million from $219.1 million in the second quarter of 2015, including $60.5 million in sales from the 196 BURGER KING® restaurants acquired from 2014 to 2016(1); Comparable restaurant sales increased 0.7% compared to a 10.3% increase in the prior year period;... More