Carrols Restaurant Group (TAST) Misses Q3 EPS by 6c; Trims FY16 Revenue Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. XYZ
9. FISV
10. CVS

Go back to Carrols Restaurant Group (TAST) Misses Q3 EPS by 6c; Trims FY16 Revenue Outlook

Carrols Restaurant Group, Inc. Reports Financial Results for the Third Quarter of 2016

November 8, 2016 7:00 AM EST

SYRACUSE, N.Y.--(BUSINESS WIRE)-- Carrols Restaurant Group, Inc. (Carrols or the Company) (Nasdaq: TAST) today announced financial results for the third quarter ended October 2, 2016.

Highlights for third quarter of 2016 versus third quarter of 2015 include:

Restaurant sales increased 9.7% to $238.9 million from $217.7 million in the third quarter of 2015, including $62.7 million in sales from the 207 BURGER KING® restaurants acquired from 2014 to 2016(1); Comparable restaurant sales were flat compared to an increase of 6.5% in the prior year period; Adjusted EBITDA(2) increased 3.2% to $22.7 million from $22.0... More