Carrols Restaurant Group (TAST) Tops Q3 EPS by 6c

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Go back to Carrols Restaurant Group (TAST) Tops Q3 EPS by 6c

Carrols Restaurant Group, Inc. Reports Financial Results for the Third Quarter 2022

November 9, 2022 7:00 AM EST

SYRACUSE, N.Y., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. (Carrols or the Company) (Nasdaq: TAST), the largest BURGER KING® franchisee in the United States, today reported its financial results for the third quarter ended October 2, 2022.

Highlights for the Third Quarter of 2022 versus the Third Quarter of 2021 include:

Total restaurant sales increased 5.3% to $444.0 million compared to $421.7 million in the third quarter of 2021;Comparable restaurant sales for the Companys Burger King® restaurants increased 4.9%;Comparable restaurant sales for the Companys Popeyes® restaurants increased 6.5%;Adjusted EBITDA(1) totaled $17.7 million compared... More