Carrols Restaurant Group: A Restaurant Stock With An Impossible Catalyst And 50% Upside Potential [Seeking Alpha]
Last carrols restaurant group, inc earnings: 2/25 07:00 am
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US:NASDAQ Investor Relations: investor.carrols.com/investor-relations
Carrols Restaurant Group: A Restaurant Stock With An Impossible Catalyst And 50% Upside Potential Summary Burger King officially launched the Impossible Whopper nationwide on August 7th 2019. TAST is the United State's largest franchisor of Burger King locations, primarily on the east coast. Early test markets showed significant double digit foot traffic increases at Burger King locations selling the Impossible Whopper. Management has not included any benefit from new product launches, such as the Impossible Whopper, in their guidance. Background Burger King (NYSE: QSR DOORD TAST is the largest franchisor of Burger King Restaurants in the US. The company franchises almost 1025 stores across 23 states (as well as 55 Popeye’s locations in 6 states), including the June 2019 purchase of 13 Burger King Franchises in Maryland. Not only does TAST operate the largest number of Burger King Franchises in the country, they also have the Right of First Refusal to purchase locations from existing
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TAST
News
- Carrols Restaurant Group, Inc. to Announce Fourth Quarter and Full Year 2020 Financial Results on March 3, 2021GlobeNewswire
- Carrols Restaurant Group, Inc. Appoints Jared L. Landaw as Vice President and General CounselGlobeNewswire
- Carrols Restaurant Group, Inc. Appoints Accomplished Industry Leader Carl Hauch as Chief Operating OfficerGlobeNewswire
- Burger King testing upgraded spicy chicken sandwich [FOX News]FOX News
- Carrols Restaurant Group, Inc. (<a href="https://www.marketbeat.com/stocks/NASDAQ/TAST/price-target/">NASDAQ: TAST</a>) had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $7.00 to $8.00. They now have a "buy"MarketBeat
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TAST
SEC Filings
- 2/17/21 - Form 3
- 2/10/21 - Form 4
- 2/10/21 - Form 3
- TAST's page on the SEC website
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