Thursday, February 25, 2010

Carrols Restaurant Group, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2009

Highlights for the 14-week fourth quarter of 2009 versus the 13-week fourth quarter of 2008 include:

•Net income of $4.1 million, or $0.19 per diluted share (after impairment charges of $0.07 per diluted share, after tax), compared to net income of $4.4 million, or $0.20 per diluted share (including non-recurring gains and impairment charges, which in the aggregate reduced earnings by approximately $0.02 per diluted share, after tax);
•Total revenues increased 4.4% to $209.7 million from $200.8 million, including a 5.8% increase for the Company's Hispanic Brands;
•Comparable restaurant sales (on a comparable 13 week basis) increased 0.3% at Pollo Tropical(R), decreased 4.5% at Taco Cabana(R) and decreased 3.0% at Burger King(R);

Read more:

0 comments:

Post a Comment