Last $7.17 USD
Change Today 0.00 / 0.00%
Volume 14.8K
TAST On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 10:00 AM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

carrols restaurant group inc (TAST) Snapshot

Open
$7.16
Previous Close
$7.40
Day High
$7.27
Day Low
$6.90
52 Week High
03/4/14 - $8.38
52 Week Low
10/10/13 - $5.13
Market Cap
252.2M
Average Volume 10 Days
331.7K
EPS TTM
$-0.52
Shares Outstanding
35.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CARROLS RESTAURANT GROUP INC (TAST)

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carrols restaurant group inc (TAST) Details

Carrols Restaurant Group, Inc., through its subsidiaries, operates as a Burger King restaurants franchisee in the United States. As of March 30, 2014, it owned and operated 560 Burger King restaurants. The company was founded in 1960 and is headquartered in Syracuse, New York.

17,500 Employees
Last Reported Date: 03/3/14
Founded in 1960

carrols restaurant group inc (TAST) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $975.5K
Chief Financial Officer, Vice President and T...
Total Annual Compensation: $536.3K
Vice President, General Counsel and Secretary
Total Annual Compensation: $286.8K
Vice President and Controller
Total Annual Compensation: $315.4K
Vice President of Real Estate
Total Annual Compensation: $282.2K
Compensation as of Fiscal Year 2013.

carrols restaurant group inc (TAST) Key Developments

Carrols Restaurant Group, Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 29, 2014; Provides Earnings Guidance for the Year of 2014; Reports Impairment Loss for the Quarter; Expects 15 to 20 Restaurant Closures for the Year of 2014

Carrols Restaurant Group, Inc. announced unaudited consolidated financial results for the second quarter and six months ended June 29, 2014. For the quarter, the company reported restaurant sales of $168.583 million against $173.518 million a year ago. Income from operations was $1.597 million against loss from operations of $0.472 million a year ago. Loss before income taxes was $3.097 million against $5.183 million a year ago. Net loss was $1.932 million or $0.06 per diluted share against $3.496 million or $0.15 per diluted share a year ago. Adjusted EBITDA was $11.362 million against $10.413 million a year ago. Capital expenditures in the second quarter of 2014 totaled $11.7 million, including $9.4 million for restaurant remodeling and $0.2 million for new or relocated restaurants. For the six months, the company reported restaurant sales of $320.036 million against $329.657 million a year ago. Loss from operations was $4.887 million against loss from operations of $6.256 million a year ago. Loss before income taxes was $14.284 million against $15.678 million a year ago. Net loss was $9.361 million or $0.35 per diluted share against $8.695 million or $0.38 per diluted share a year ago. Adjusted EBITDA was $14.552 million against $13.708 million a year ago. For the year of 2014, the company expects total restaurant sales of $665 million to $675 million including a comparable restaurant sales change of (1%) to 0%; adjusted EBITDA of $36 million to $40 million; an effective income tax benefit of 33% to 35% which could increase if the Work Opportunity Tax Credit is reinstated and extended; capital expenditures, excluding acquisitions, of approximately $51 million to $54 million, including $38 million to $40 million for remodeling a total of 100 to 110 restaurants and $4 million for costs to scrape and rebuild three restaurants compared to total capital expenditures of $42 million to $47 million previously estimated; cash expenditures totaling approximately $11.5 million (excluding inventory) for the purchase of the 29 BURGER KING(R) restaurants that have been completed through July 2014. For the year of 2014, the company expects 15 to 20 restaurant closures, including nine units that were closed. For the quarter, the company reported impairment and other lease charges of $0.429 million against $2.198 million a year ago.

Carrols Restaurant Group, Inc. to Report Q2, 2014 Results on Aug 05, 2014

Carrols Restaurant Group, Inc. announced that they will report Q2, 2014 results at 7:00 AM, US Eastern Standard Time on Aug 05, 2014

Carrols Restaurant Group, Inc., Q2 2014 Earnings Call, Aug 05, 2014

Carrols Restaurant Group, Inc., Q2 2014 Earnings Call, Aug 05, 2014

 

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McDonald's Corp $93.86 USD -0.79
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Valuation TAST Industry Range
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Price/Sales 0.3x
Price/Book 1.8x
Price/Cash Flow 12.2x
TEV/Sales 0.1x
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