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Article: Carrols Restaurant Group, Inc. Reports Financial Results for the Third Quarter 2009.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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Carrols Restaurant Group, Inc. (Nasdaq: TAST), the parent company of Carrols Corporation, announced financial results for the third quarter ended September 27, 2009. Highlights for the third quarter of 2009 versus the third quarter of 2008 include: Net income increased to $5.6 million, or $0.26 per diluted share, from net income of $3.7 million, or $0.17 per diluted share;
Total revenues were $201.2 million compared to $209.1 million;
Comparable restaurant sales decreased 0.1% at Pollo Tropical[R], decreased 4.3% at Taco Cabana[R], and decreased 6.1% at Burger King[R];
Total outstanding indebtedness was reduced $25 million year-to-date to $291.2 ...