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

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

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