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TAST - Carrols Restaurant EPS beats by $0.10 beats on revenue
Carrols Restaurant Group Inc.
Carrols Restaurant (TAST): Q1 Non-GAAP EPS of -$0.13 beats by $0.10; GAAP EPS of -$0.14 beats by $0.07.Revenue of $390M (+10.9% Y/Y) beats by $21.75M.Comparable restaurant sales for the Company's Burger King® restaurants increased 14.7%; Comparable restaurant sales for the Company’s Popeyes® restaurants increased 0.5%.Adjusted EBITDA increased to $19.9 million from $4.0 million in the prior year quarter.Press Release