Carrols Restaurant Group, Inc. and Carrols Corporation Report Financial Results for the First Quarter 2009

SYRACUSE, N.Y., May 04, 2009 (BUSINESS WIRE) -- Carrols Restaurant Group, Inc. (Nasdaq: TAST), the parent company of Carrols Corporation, today announced financial results for the first quarter ended March 29, 2009.
Highlights for the first quarter of 2009 versus the first quarter of 2008 include:
Income from operations was $13.2 million compared to $9.7 million;
Net income was $5.0 million, or $0.23 per diluted share, compared to net income of $1.4 million, or $0.07 per diluted share;
Total revenues increased 2.9% to $201.3 million from $195.8 million, including a 2.2% increase for the Company's Hispanic Brands;
Comparable restaurant sales decreased 3.0% at Pollo Tropical(R), decreased 1.6% at Taco Cabana(R), and increased 5.1% at Burger King(R).