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Stock impact report

Carrols Restaurant Group, Inc. Reports Financial Results for the Third 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., Nov. 10, 2021 (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 3, 2021. Highlights for the Third Quarter of 2021 versus the Third Quarter of 2020 Include: Total restaurant sales increased 3.6% to $421.7 million compared to $407.0 million in the prior year quarter;Comparable restaurant sales for the Company's Burger King® restaurants increased 2.7%;Comparable restaurant sales for the Company’s Popeyes® restaurants decreased 3.2%;Adjusted EBITDA(1) totaled $18.6 million compared to $34.1 million in the prior year quarter;Adjusted Restaurant-Level EBITDA(1) totaled $35.4 million compared to $52.8 million in the prior year quarter;Net Loss was $9.9 million, or $0.20 per diluted share, compared to Net Income of $3.5 million, or $0.06 per diluted share, in the prior year quarter;Adjusted Net Loss Show less Read more
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