Carrols Restaurant Group

Carrols Restaurant Group, Inc. engages in the operation of restaurants under the Burger King and Popeyes brands. It serves flame-broiled whopper sandwich, hamburgers, chicken and other specialty sandwiches, fries, salads, breakfast items, smoothies, frappes, and other snacks. The company was founded in 1960 and is headquartered in Syracuse, NY.

Earnings data Q3 2020

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Earnings data Q3 2024

Carrols Restaurant Group posts strong Q4 results and eyes growth

Carrols Restaurant Group delivered a robust performance in Q4 2022, marked by strong financial results, operational enhancements, and strategic initiatives driving growth and profitability.
While facing challenges such as inflation moderation and pricing consistency, the company's focus on efficiency, brand building, and prudent decision-making positions it well for future success and sustainable value creation.
With a clear emphasis on organic growth, operational excellence, and franchisee support, Carrols is poised to capitalize on opportunities for expansion, innovation, and market leadership in the dynamic restaurant landscape.

Carrols Restaurant Group excels in Q1, eyes growth opportunities

Carrols Restaurant Group's Q1 performance reflects strong sales growth, improved profitability, and effective cost management strategies.
While challenges persist in the competitive landscape and operational efficiency, the company is well-positioned to capitalize on growth opportunities.
Optimism about business momentum, strategic initiatives, and financial discipline underpin Carrols Restaurant Group's outlook for the future.

Carrols Restaurant Group achieves record Q2 performance and focuses on sustainable growth

Carrols Restaurant Group's Q2 2023 performance reflects robust financial results, operational improvements, and strategic initiatives aimed at driving growth. Despite anticipated margin moderation, the company's focus on balance sheet strength, organic growth, and customer-centric strategies bodes well for its long-term prospects.

Carrols Restaurant Group reports strong Q3 performance and strategic growth plans

Carrols Restaurant Group's Q3 2023 performance showcased robust sales growth, margin expansion, and improved profitability. The company's strategic focus on operational efficiencies, digital initiatives, and restaurant modernization positions it well for future growth. While facing challenges in a competitive market, Carrols Restaurant Group's strong financial position and dividend declaration underscore its resilience and commitment to shareholder value.

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Carrols Restaurant (TAST) delivered earnings and revenue surprises of 77.27% and 0.01%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Carrols Restaurant Group (TAST) Reports Q4 Loss, Misses Revenue Estimates

SYRACUSE, N.Y., Feb. 28, 2023 (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 fourth quarter and full year ended January 1, 2023.

Carrols Restaurant Group, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2022

SYRACUSE, N.Y., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST), the largest BURGER KING® franchisee in the United States, today announced that Anthony E. Hull, Interim President and CEO, and Gretta Miles, Controller and Assistant Treasurer, will host a conference call to discuss the Company's fourth quarter and full year 2022 financial results on Tuesday, February 28, 2023 at 8:30 a.m. (ET). A press release reporting the Company's financial results for the quarter and full year 2022 will be issued at 7:00 a.m. (ET) that same day.

Carrols Restaurant Group, Inc. to Announce Fourth Quarter and Full Year 2022 Financial Results on February 28, 2023

Company To Host Meetings at 25th Annual ICR Conference Company To Host Meetings at 25th Annual ICR Conference

Carrols Restaurant Group, Inc. Reports Preliminary Sales Results for the Fourth Quarter and Full Year 2022

Carrols Restaurant which is the largest franchisee of Burger King in the US has seen its stock price fall 75% in the past 18 months. The company has been hit hard by inflation which has led expense growth to outpace revenue causing EBITDA to plummet.

Carrols Restaurant: Not Inexpensive But Significant Upside Potential

Carrols Restaurant has been under pressure amid high costs impacting earnings. Solid trends in comparable restaurant sales support a more positive outlook with an expectation for improving margins in 2023.

Carrols Restaurant Group: Tasty Room For A Rebound In 2023

Carrols Restaurant Group, Inc. (NASDAQ:TAST ) Q3 2022 Results Conference Call November 9, 2022 8:30 AM ET Company Participants Gretta Miles - Controller Paulo Pena - CEO, President & Director Tony Hull - VP, CFO & Treasurer Conference Call Participants Jake Bartlett - Truist Securities Jeremy Hamblin - Craig-Hallum Group Mary Gresla - Bank of America Joseph Farricielli - Cantor Fitzgerald Operator Ladies and gentlemen, welcome to Carrols Restaurant Group, Inc., Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Carrols Restaurant Group, Inc. (TAST) Q3 2022 Earnings Call Transcript

Carrols Restaurant (TAST) delivered earnings and revenue surprises of 26.32% and 0.61%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Carrols Restaurant Group (TAST) Reports Q3 Loss, Tops Revenue Estimates

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.

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

Carrols Restaurant Group, Inc. (NASDAQ:TAST ) Q2 2022 Earnings Conference Call August 11, 2022 8:30 AM ET Company Participants Gretta Miles - Controller Paulo Pena - CEO, President & Director Anthony Hull - VP, CFO & Treasurer Conference Call Participants Jake Bartlett - Truist Securities Mary Gresla - Bank of America Frederick Wightman - Wolfe Research Jeremy Hamblin - Craig-Hallum Capital Group Operator Welcome to Carrols Restaurant Group, Inc.'s Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Carrols Restaurant Group, Inc. (TAST) CEO Paulo Pena on Q2 2022 Results - Earnings Call Transcript

Carrols Restaurant (TAST) delivered earnings and revenue surprises of -500% and 0.85%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Carrols Restaurant Group (TAST) Reports Q2 Loss, Tops Revenue Estimates

SYRACUSE, N.Y., July 28, 2022 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST), the largest BURGER KING® franchisee in the United States, today announced that Paulo A. Pena, President and Chief Executive Officer, and Anthony E. Hull, Chief Financial Officer, will host a conference call to discuss the Company's second quarter 2022 financial results on Thursday, August 11, 2022 at 8:30 a.m. (ET). A press release reporting the Company's financial results for the quarter will be issued at 7:00 a.m. (ET) that same day.

Carrols Restaurant Group, Inc. to Announce Second Quarter 2022 Financial Results on August 11, 2022

SYRACUSE, N.Y., June 22, 2022 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST) announced today the appointment of Ahmad Filsoof as Vice President of Strategic Initiatives, a new position, to further the Company's strategic capabilities and commitment to business innovation. Mr. Filsoof comes to Carrols with over 15 years of experience in strategy development and planning, business and consumer insights, performance management, consulting, and technology.

Carrols Restaurant Group, Inc. Appoints Ahmad Filsoof as Vice President of Strategic Initiatives

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Carrols Restaurant Group, Inc. (NASDAQ:TAST ) Q1 2022 Earnings Conference Call May 12, 2022 8:00 AM ET Company Participants Gretta Miles - Controller Paulo Pena - CEO, President & Director Anthony Hull - VP, CFO & Treasurer Conference Call Participants Jack Corrigan - Truist Securities William Reuter - Bank of America Merrill Lynch Jeremy Hamblin - Craig-Hallum Oliver Grossman - Jefferies Carla Casella - JPMorgan Chase & Co. Operator Welcome to Carrols Restaurant Group, Inc.'s First Quarter 2022 Earnings Conference Call. [Operator Instructions].

Carrols Restaurant Group, Inc. (TAST) CEO Paulo Pena on Q1 2022 Results - Earnings Call Transcript

Carrols Restaurant (TAST) delivered earnings and revenue surprises of 5.56% and 0.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Carrols Restaurant Group (TAST) Reports Q1 Loss, Misses Revenue Estimates

SYRACUSE, N.Y., May 12, 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 first quarter ended April 3, 2022.

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

SYRACUSE, N.Y., April 28, 2022 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST), the largest BURGER KING® franchisee in the United States, today announced that Paulo A. Pena, President and Chief Executive Officer, and Anthony E. Hull, Chief Financial Officer, will host a conference call to discuss the Company's first quarter 2022 financial results on Thursday, May 12, 2022 at 8:00 a.m. (ET). A press release reporting the Company's financial results will be issued at 7:00 a.m. (ET) that same day.

Carrols Restaurant Group, Inc. to Announce First Quarter 2022 Financial Results on May 12, 2022

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Carrols Restaurant Group, Inc. (TAST) CEO Dan Accordino on Q4 2021 Results - Earnings Call Transcript

Carrols Restaurant (TAST) delivered earnings and revenue surprises of 25% and 0.92%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Carrols Restaurant Group (TAST) Reports Q4 Loss, Lags Revenue Estimates

SYRACUSE, N.Y., Feb. 24, 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 fourth quarter and full year ended January 2, 2022.

Carrols Restaurant Group, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2021

Carrols Restaurant Group Inc. TAST, -1.26% has named Paulo Pena as chief executive, effective April 1. Carrols is one of the largest restaurant franchisors in North America, and the largest Burger King franchisee in the U.S. with 1,028 restaurants.

Carrols names McDonald's vet as CEO

Brings over 20 years of Operations Experience to the Role Brings over 20 years of Operations Experience to the Role

Carrols Restaurant Group, Inc. Appoints Paulo Pena as Chief Executive Officer

SYRACUSE, N.Y., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST), the largest BURGER KING® franchisee in the United States, today announced that Daniel T. Accordino, Chairman and Chief Executive Officer, and Anthony E. Hull, Chief Financial Officer, will host a conference call to discuss the Company's fourth quarter and full year 2021 financial results on Thursday, February 24, 2022 at 8:00 a.m. (ET). A press release reporting the Company's financial results will be issued at 7:00 a.m. (ET) that same day.

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