Carrols Restaurant Group (TAST) Tops Q3 EPS by 1c
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Carrols Restaurant Group, Inc. Reports Financial Results for the Third Quarter 2017
November 8, 2017 7:00 AM ESTSYRACUSE, N.Y.--(BUSINESS WIRE)-- Carrols Restaurant Group, Inc. (Carrols or the Company) (Nasdaq: TAST) today announced financial results for the third quarter 2017 ended October 1, 2017.
Highlights for third quarter of 2017 versus third quarter of 2016 include:
Restaurant sales increased 19.4% to $285.2 million from $238.9 million in the third quarter of 2016, including $59.6 million in sales from the 171 BURGER KING® restaurants acquired from 2015 to 2017(1); Comparable restaurant sales increased 7.5% compared to being flat in the prior year period; Adjusted EBITDA(2) was $24.2 million compared to $22.7 million in the... More