Carrols Restaurant Group

Carrols Restaurant Group, Inc. engages in the operation of restaurants under the Burger King and Popeyes brands. It serves flame-broiled whopper sandwich, hamburgers, chicken and other specialty sandwiches, fries, salads, breakfast items, smoothies, frappes, and other snacks. The company was founded in 1960 and is headquartered in Syracuse, NY.

Earnings data Q3 2020

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Carrols Restaurant Group posts strong Q4 results and eyes growth

Carrols Restaurant Group delivered a robust performance in Q4 2022, marked by strong financial results, operational enhancements, and strategic initiatives driving growth and profitability.
While facing challenges such as inflation moderation and pricing consistency, the company's focus on efficiency, brand building, and prudent decision-making positions it well for future success and sustainable value creation.
With a clear emphasis on organic growth, operational excellence, and franchisee support, Carrols is poised to capitalize on opportunities for expansion, innovation, and market leadership in the dynamic restaurant landscape.

Carrols Restaurant Group excels in Q1, eyes growth opportunities

Carrols Restaurant Group's Q1 performance reflects strong sales growth, improved profitability, and effective cost management strategies.
While challenges persist in the competitive landscape and operational efficiency, the company is well-positioned to capitalize on growth opportunities.
Optimism about business momentum, strategic initiatives, and financial discipline underpin Carrols Restaurant Group's outlook for the future.

Carrols Restaurant Group achieves record Q2 performance and focuses on sustainable growth

Carrols Restaurant Group's Q2 2023 performance reflects robust financial results, operational improvements, and strategic initiatives aimed at driving growth. Despite anticipated margin moderation, the company's focus on balance sheet strength, organic growth, and customer-centric strategies bodes well for its long-term prospects.

Carrols Restaurant Group reports strong Q3 performance and strategic growth plans

Carrols Restaurant Group's Q3 2023 performance showcased robust sales growth, margin expansion, and improved profitability. The company's strategic focus on operational efficiencies, digital initiatives, and restaurant modernization positions it well for future growth. While facing challenges in a competitive market, Carrols Restaurant Group's strong financial position and dividend declaration underscore its resilience and commitment to shareholder value.

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Carrols Restaurant (TAST) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Here's Why Momentum in Carrols Restaurant (TAST) Should Keep going

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Restaurant sales have been steadily growing which is helping stocks like Yum China Holdings, Inc. (YUMC), McDonald's Corporation (MCD), Carrols Restaurant Group, Inc. (TAST), Domino's Pizza, Inc. (DPZ) and BJ's Restaurants, Inc. (BJRI).

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The mean of analysts' price targets for Carrols Restaurant (TAST) points to a 25.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Carrols Restaurant (TAST) Could Rally 25.6%: Here's is How to Trade

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Carrols Restaurant's (TAST) fiscal second-quarter comps benefit from average checks and traffic growth.

Carrols Restaurant (TAST) Q2 Earnings Top Estimates, Rise Y/Y

The Burger King and Popeyes franchisee reported better sales than expected for the second quarter. Revenue hit a record for the quarter, with balanced growth across both restaurant brands.

Why Carrols Restaurant Stock Hit New Highs Today

Carrols Restaurant Group, Inc. (NASDAQ:TAST ) Q2 2023 Earnings Conference Call August 10, 2023 8:30 AM ET Company Participants Gretta Miles - Controller Deborah Derby - President and CEO Tony Hull - Treasurer and CFO Conference Call Participants Jeremy Hamblin - Craig-Hallum Joshua Long - Stephens Inc. Jake Bartlett - Truist Securities Operator Ladies and gentlemen, welcome to the Carrols Restaurant Group, Inc.'s Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Carrols Restaurant Group, Inc. (TAST) Q2 2023 Earnings Call Transcript

Record quarterly revenue of $485.2 million, including comparable restaurant sales growth of 10.5% Top-line strength helped deliver another quarter of improved profitability SYRACUSE, N.Y., Aug. 10, 2023 (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 second quarter ended July 2, 2023.

Carrols Restaurant Group, Inc. Reports Financial Results for the Second Quarter 2023

Carrols Restaurant (TAST) fiscal second-quarter 2023 results are likely to reflect comparable restaurant sales for the company's Burger King and Popeyes restaurants.

Factors to Note Ahead of Carrols Restaurant (TAST) Q2 Earnings

SYRACUSE, N.Y., July 20, 2023 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST), the largest BURGER KING® franchisee in the United States, today announced that it will host a conference call to discuss the Company's second quarter 2023 financial results on Thursday, August 10, 2023 at 8:30 a.m. (ET). A press release reporting the Company's financial results for the second quarter 2023 will be issued at 7:00 a.m. (ET) that same day. Participating in the conference call from Carrols will be Deborah M. Derby, the Company's President and Chief Executive Officer and Anthony E. Hull, the Company's Chief Financial Officer.

Carrols Restaurant Group, Inc. to Announce Second Quarter 2023 Financial Results on August 10, 2023

The consensus price target hints at a 25.2% upside potential for Carrols Restaurant (TAST). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Carrols Restaurant (TAST) Have the Potential to Rally 25.24% as Wall Street Analysts Expect?

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Carrols Restaurant Group operates hundreds of Burger King franchises across the US. An investment in Carrols Restaurant Group would have lagged the S&P by 200% over the past decade.

Carrols Restaurant Group: Bad For Your Health And Your Portfolio

Does Carrols Restaurant Group (TAST) have what it takes to be a top stock pick for momentum investors? Let's find out.

Carrols Restaurant Group (TAST) is a Great Momentum Stock: Should You Buy?

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Carrols Restaurant Group, Inc. (NASDAQ:TAST ) Q1 2023 Earnings Conference Call May 11, 2023 8:30 AM ET Company Participants Jeremy Watchus - Senior Director of Finance Deborah Derby - President & Chief Executive Officer Tony Hull - Chief Financial Officer & Treasurer Gretta Miles - Controller & Assistant Treasurer Joe Hoffman - Chief Restaurant Officer Conference Call Participants Joshua Long - Stephens Inc. Jeremy Hamblin - Craig-Hallum Jake Bartlett - Truist Securities Hale Holden - Barclays Carla Casella - JPMorgan Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to Carrols Restaurant Group, Inc. First Quarter 2023 Earnings Conference Call.

Carrols Restaurant Group, Inc. (TAST) Q1 2023 Earnings Call Transcript

Carrols Restaurant Group (TAST) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.34 per share a year ago.

Carrols Restaurant Group (TAST) Reports Break-Even Earnings for Q1

What Makes Carrols Restaurant Group (TAST) a Strong Momentum Stock: Buy Now?

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