Carrols Restaurant Group (TAST) Misses Q4 EPS by 7c

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Carrols Restaurant Group, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2016

March 2, 2017 7:00 AM EST

Provides Outlook for Full Year 2017

Company to Present at the Raymond James Conference on March 8th

SYRACUSE, N.Y.--(BUSINESS WIRE)-- Carrols Restaurant Group, Inc. (Carrols or the Company) (Nasdaq: TAST) today announced financial results for the fourth quarter and full year 2016 ended January 1, 2017.

Highlights for the 13-week fourth quarter of 2016 versus the 14-week fourth quarter of 2015 include:

Restaurant sales increased 5.1% to $240.8 million from $229.1 million in the fourth quarter of 2015, including $66.5 million in sales from the 234 BURGER KING® restaurants acquired from 2014 to... More