Carrols Restaurant Group (TAST) Tops Q2 EPS by 17c, Revenues Beat

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Carrols Restaurant Group, Inc. Reports Financial Results for the Second Quarter 2020 and Provides Business Update

August 6, 2020 7:00 AM EDT

Significant Improvement in Profitability during the Second Quarter 2020
Comparable Restaurant Sales Trends Remain Encouraging
Company Currently Has Over $180 Million in Available Liquidity

SYRACUSE, N.Y.--(BUSINESS WIRE)-- Carrols Restaurant Group, Inc. (Carrols or the Company) (Nasdaq: TAST) today reported financial results for the second quarter ended June 28, 2020 and provided a business update.

Highlights for the Second Quarter of 2020 versus the Second Quarter of 2019

Total restaurant revenue was $368.4 million compared to $365.7 million in the prior year quarter; Comparable restaurant sales for the Companys Burger King®... More