TAST Carrols Restaurant Group, Inc. featured news, full reports, and detailed charts
Carrols Restaurant Group, Inc. (TAST) Wrap Up:
We are one of the largest restaurant companies in the United States operating three restaurant brands in the quick-casual and quick-service restaurant segments with 553 restaurants located in 16 states as of December 31, 2007. We own and operate two Hispanic restaurant brands, Pollo Tropical ® and Taco Cabana® (together referred to by us as our Hispanic Brands), which we acquired in 1998 and 2000, respectively. We are also the largest Burger King® franchisee, based on the number of restaurants, and have operated Burger King restaurants since 1976. As of December 31, 2007, our company-owned restaurants included 84 Pollo Tropical restaurants and 147 Taco Cabana restaurants, and we operated 322 Burger King restaurants under franchise agreements. We also franchise our Hispanic Brand restaurants with 30 franchised restaurants located in Puerto Rico, Ecuador and the United States as of December 31, 2007. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f11%2f0001193125-08-052971.html#FIS_BUSINESS"www.carrols.com
16,800 Employees
Founded in 1960
Carrols Restaurant Group, Inc. (TAST:NASDAQ)
LAST $6.41 USD
CHANGE TODAY -0.08 -1.23%
VOLUME 39.4K
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Carrols Restaurant Group, Inc. (TAST)
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OPEN
$6.45
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PREVIOUS CLOSE
$6.49
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DAY HIGH
$6.58
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DAY LOW
$6.35
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52 WEEK HIGH
09/15/09 - $8.18
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52 WEEK LOW
11/21/08 - $1.39
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MARKET CAP
138.4M
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AVERAGE VOLUME 3 mo
55.9K
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DILUTED EPS TTM
$1.02
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SHARES OUTSTANDING
21.6M
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TAST Does Not Pay Dividends
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P/E TTM
6.3x
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| K = Thousands M = Millions B = Billions | ||
TAST Top Compensated Officers
Mr. Alan Vituli
Chairman, Chief Executive Officer, Chairman o...
Age: 67
Total Annual Compensation: $672.7K
Mr. Daniel T. Accordino
President, Chief Operating Officer, Director ...
Age: 58
Total Annual Compensation: $517.5K
Mr. Paul R. Flanders
Chief Financial Officer, Vice President and T...
Age: 52
Total Annual Compensation: $255.6K
Mr. Joseph A. Zirkman
Chief Ethics & Compliance Officer, Vice Presi...
Age: 48
Total Annual Compensation: $417.8K
Mr. Michael A. Biviano
Executive Vice President of Taco Cabana
Age: 51
Total Annual Compensation: $293.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for Carrols Restaurant Group, Inc. (TAST)
Carrols Restaurant Group, Inc. Reports Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended September 27, 2009 ; Revised Earnings Guidance for the Year 2009 ; Plans to Open New Stores ; Plans Closing of Five Restaurants
11/2/2009
Carrols Restaurant Group, Inc. announced unaudited consolidated financial results for the third quarter and nine months ended September 27, 2009. For the quarter, total revenues decreased 3.8% to $201.2 million from $209.1 million in the third quarter of 2008. Income from operations increased from $12.7 million in the third quarter of 2008 to $13.5 million in the third quarter of 2009, improved from 6.1% to 6.7%. Income before income taxes was $8.7 million compared to $5.8 million for the same period a year ago. Net income for the third quarter of 2009 was $5.6 million, or $0.26 per diluted share, compared to net income for the third quarter of 2008 of $3.7 million, or $0.17 per diluted share. For the nine months ended September 27, 2009, total revenues decreased 1.5% to $606.4 million from $615.5 million in the same period last year. Income from operations increased from $34.5 million to $42.8 million, improved from 5.6% to 7.1%. Income before income taxes was $27.9 million compared to $13.2 million for the same period a year ago. Net income increased to $17.7 million, or $0.81 per diluted share, from $8.4 million, or $0.39 per diluted share. Based upon the company's nine month results and an expectation that current earnings trends will continue, the company believes that it will exceed its previously issued 2009 earnings guidance. The company provides the following updated guidance for 2009 reiterating that 2009 is a 53-week fiscal period whereas 2008 was a 52-week fiscal period. A revenue increase of approximately 0% to 0.5% for the year. Total capital expenditures of $37 million to $39 million; Diluted earnings per share of $1.02 to $1.06, which includes the 53rd week of the fiscal year estimated to positively impact earnings by approximately $0.07 per diluted share. The company's previous guidance was $0.94 to $0.99 per diluted share. In 2010, the company currently anticipates opening five to eight new Hispanic Brand restaurants and closing approximately five Burger King restaurants.
Carrols Restaurant Group, Inc. Reports Capital Expenditure for the Third Quarter and Nine Months of 2009
11/2/2009
Carrols Restaurant Group, Inc. reported capital expenditure for the third quarter and nine months of 2009. In the third quarter, total CapEx was $12.6 million. Total CapEx for the nine months was about $29.9 million.
Carrols Restaurant Group, Inc. - Conference Presentation Call
10/14/2009
Carrols Restaurant Group, Inc. - Conference Presentation Calls
TAST Competitors
| Company | Last | Change |
| KFC Holdings Malaysia Bhd | 7.40 MYR | 0.00 |
| McDonald's Corporation | $63.97 USD | +0.56 |
| Wendy's Arby's Group Inc | $4.11 USD | -0.05 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | TAST | Industry Range |
| Price/Earnings | 6.4x |
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| Price/Sales | 0.2x |
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| Price/Book | 5.2x |
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| Price/Cash Flow | 2.6x |
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| TEV/Sales | NM | Not Meaningful |
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TAST |
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TAST transactions
| Type Date |
Target |
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Merger/Acquisition
June 16, 2009 |
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Merger/Acquisition
June 16, 2009 |
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More Recent News About Carrols Restaurant Group, Inc.
More news for TAST
Carrols exercises option on Burger King
ONLINE: home | business news | small business | sales & marketing | real estate | events | community | careers | city guide | advertise | about us | rss PRINT: subscribe | renew | advertise | book of lists | business intelligence | classifieds | view digital edition | ...Click here to read the whole Article (external link)
Carrols Restaurant Group, Inc. to Announce Third Quarter 2009 Results On November 2, 2009
Carrols Restaurant Group, Inc. to Announce Third Quarter 2009 Results On November 2, 2009 - Yahoo! Finance.gnwlistitemmarginbottom {margin-bottom: 10.0px} .gnwtablebottommargin {margin-bottom: 10.0px} .gnwcellpaddingleft0 {padding-left: 0.0px} .gnwverticalaligntop {vertical-align: top} .gnwtextaligncenter {text-align: center} .gnwcellparagraphmargin {margin-bottom: 0px; margin-top: 0px} .gnwverticalalignbottom {vertical-align: bottom} .gnwwhitespacenowrap {white-space: nowrap} .gnwtextalignright {text-align: right} .gnwcellpaddingright0 {padding-right: 0.0px} .gnwunderlinestyle {text-decoration: underline} .gnwtextalignleft {text-align: left} .gnw_heading {font: 16px Arial; text-align: center} .gnw_subhead {font: 12px Arial; text-align: center} .gnw_colhead {font: 12px Arial; text-align: center} .gnw_colhead_uline {font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;} .gnw_colhead_dline {font: 12px Arial; text-align: center; border-bottom: double black 2.5pt;} .gnw_label {font: 12px Arial; vertical-align: bottom; text-align: left } .gnw_label_uline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;} .gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_dline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: double black 2.5pt;} .gnw_label_i10 {font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;} .gnw_label_i15 {font: 12px Arial; vertical-align: bottom; t...Click here to read the whole Article (external link)
Q3 2009 Carrols Restaurant Group Earnings Release - After Market Close
Earnings Announcements for Monday, November 2CompanySymbolTimeConferenceCall1ST CONSTITUTION BANCORPFCCYBefore Market OpenAAONAAONBefore Market OpenABSOLUTE SOFTWARE CORPABT.TO4:00 pm ETAdministaffASFBefore Market OpenListenAlbany International CorpAINAfter Market CloseAlexander'sALXBefore Market OpenALLGREEN PROPERTIES LTDA16.SITime Not SuppliedALLIANCE DISTRS HLDG INCADTR.PKBefore Market OpenALTRA HOLDINGS INCAIMCAfter Market CloseAmerican Physicians Service GroupAMPHAfter Market CloseAMERIGO RESOURCES LTDARG.TOBefore Market OpenAnadarko Petroleum CorporationAPCAfter Market CloseListenAnglogold Ashanti LimitedAUTime Not SuppliedAPPLIED NANOTECH HOLDINGS INCAPNT.OBTime Not SuppliedArgo Group International Holdings, Ltd.AGIIAfter Market CloseListenArray BioPharma Inc.ARRYAfter Market CloseListenAss...Click here to read the whole Article (external link)
Carrols Restaurant Group, Inc. Q3 2009 Earnings Call Transcript
Carrols Restaurant Group, Inc. (TAST) Q3 2009 Earnings Call November 2, 2009 4:30 pm ET Executives Paul Flanders – Chief Financial Officer Alan Vituli – Chairman, Chief Executive Officer Daniel Accordino – President, Chief Operating Officer Analysts Reza Vahabzedah – Barclay’s Capital Jason for Jeffrey Omohundro – Wells Fargo Securities [Reed Ken – Banc of America] Greg Ruedy - Stephens Inc. Mitchell Speiser – Buckingham Research Brian Hunt – Wells Fargo Securities Kenneth Bann – Jefferies & Company Presentation Operator Welcome to the Carrols Restaurant Groups third quarter 2009 earnings conference call. (Operator Instructions) I would now like to turn the call over to Mr. Paul Flanders, Chief Financial Officer. Paul Flanders Good afternoon and welcome to our third quarter conference call. By now everyone should have access to the announcement we released this afternoon which you can also find on our website at www.carrols.com under the investor relations section. Before we begin formal remarks, I need to remind everyone that our discussion today may include forward-looking statements. These statements are not guarantees of future performance and therefore undue reliance should not be placed on them. We also refer you to our filings with the SEC for more a more detailed discussion of the risks that could impact our business and our overall financial results. On the call with me today is Alan Vituli, our Chairman and CEO and Dan Accordino our President and Chief Operating Officer. Dan will provide some commentary on the busi...Click here to read the whole Article (external link)
CARROLS RESTAURANT GROUP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement
Show all filings for CARROLS RESTAURANT GROUP, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for CARROLS RESTAURANT GROUP, INC. 2-Nov-2009Results of Operations and Financial Condition, Financial Statement Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informa...Click here to read the whole Article (external link)
CARROLS RESTAURANT GROUP, INC. Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue201,166 203,934 201,343 200,828 Cost of Revenue(84,959)101,481 158,762 158,684 Gross Profit286,125 102,453 42,581 42,144 Operating ExpensesResearch Development - - - - Selling General and Administrative265,273 78,386 21,229 19,513 Non Recurring46 63 291 4,905 Others8,080 7,883 7,870 8,213 Total Operating Expenses - - - - Operating Income or Loss13,525 16,121 13,191 9,513 Income from Continuing OperationsTotal Other Income/Expenses Net - - - 4,188 Earnings Before Interest And Taxes13,525 16,121 13,191 13,701 Interest Expense4,834 4,923 5,151 6,615 Income Before Tax8,691 11,198 8,040 7,086 Income Tax Expense3,094 4,133 3,014 2,717 Minority Interest - - - - Net Income From Continuing Ops5,597 7,065 5,026 4,369 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - ...Click here to read the whole Article (external link)
CARROLS RESTAURANT GROUP, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2-MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Throughout this Quarterly Report on Form 10-Q, we refer to Carrols Restaurant Group, Inc. as "Carrols Restaurant Group" and, together with its consolidated subsidiaries, as "we", "our" and "us" unless otherwise indicated or the context otherwise requires. Any reference to "Carrols" refers to our wholly-owned subsidiary, Carrols Corporation, a Delaware corporation, and its consolidated subsidiaries, unless otherwise indicated or the context otherwise requires. This combined Quarterly Report on Form 10-Q is filed by both Carrols Restaurant Group and its wholly owned subsidiary, Carrols. We use a 52-53 week fiscal year ending on the Sunday closest to December 31. All references herein to the fiscal years ended December 28, 2008 and December 30, 2007 will be referred to as the fiscal years ended December 31, 2008 and 2007, respectively. Similarly, all references herein to the three and nine months ended September 27, 2009 and September 28, 2008 will be referred to as the three and nine months ended September 30, 2009 and September 30, 2008, respectively. The years ended December 31, 2008 and 2007 each contained 52 weeks and the three and nine months ended September 30, 2009 and 2008 each contained 13 weeks and 39 weeks, respectively. Introduction Carrols Restaurant Group is a holding company and conducts all of its operations through its direct and indirect subsidiaries and has no assets other than the shares of capital stock of Carrols, its direct wholly-owned subsidiary. The following "Management's Discussion and Analysis of Financial Condition and Results of Operations" ("MD&A") relates to the consolidated financial statements of Carrols Restaurant Group and the consolidated financial statements for Carrols presented in Item 1. The difference between the consolidated financial statements of Carrols...Click here to read the whole Article (external link)
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