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Stock impact report

Carrols Restaurant Group, Inc. Reports Financial Results for the Second Quarter 2021

Carrols Restaurant Group, Inc. (TAST) 
Last carrols restaurant group, inc. earnings: 2/25 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.carrols.com/investor-relations
Company Research Source: GlobeNewswire
SYRACUSE, N.Y., Aug. 12, 2021 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST) today reported its financial results for the second quarter ended July 4, 2021 Highlights for the Second Quarter of 2021 versus the Second Quarter of 2020 Include: Total restaurant sales increased 15.2% to $424.5 million compared to $368.4 million in the second quarter of 2020;Comparable restaurant sales for the Company's Burger King® restaurants increased 12.6%;Comparable restaurant sales for the Company’s Popeyes® restaurants decreased 5.3%;Adjusted EBITDA(1) decreased to $29.3 million from $38.0 million in the prior year quarter;Adjusted Restaurant-Level EBITDA(1) decreased to $47.9 million from $54.1 million in the prior year quarter;Net Loss was $(9.6) million, or $(0.19) per diluted share, and includes a non-cash extinguishment of debt charge of $8.5 million, compared to Net Income of $7.8 million, or $0.13 per diluted share, in the prior year quarter; Show less Read more
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