Tuesday, August 4, 2009

Carrols Restaurant Group, Inc. Reports Financial Results for the Second Quarter 2009

SYRACUSE, N.Y., Aug 03, 2009 (BUSINESS WIRE) -- Carrols Restaurant Group, Inc. (Nasdaq:TAST), the parent company of Carrols Corporation, today announced financial results for the second quarter ended June 28, 2009.
Highlights for the second quarter of 2009 versus the second quarter of 2008 include:
-Income from operations increased to $16.1 million from $12.1 million;
-Net income was $7.1 million, or $0.32 per diluted share, compared to net income of $3.3 million, or $0.15 per diluted share;
-Total revenues were $203.9 million compared to $210.7 million;
-Comparable restaurant sales decreased 3.1% at Pollo Tropical(R), 3.8% at Taco Cabana(R), and 4.7% at Burger King(R).
-As of June 28, 2009, the Company owned and operated 559 restaurants, including 314 Burger King, 91 Pollo Tropical and 154 Taco Cabana restaurants.

Read more:
http://investor.carrols.com/releasedetail.cfm?ReleaseID=400748

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