Carrols Restaurant Group Inc.

+0.03 (+1.88%)
Earnings Announcements

Carrols Restaurant Group Posts Q1 Adjusted Loss Per Share 34 Cents

Published: 05/12/2022 11:23 GMT
Carrols Restaurant Group Inc. (TAST) - Carrols Restaurant Group, Inc. Reports Financial Results for the First Quarter 2022.
Q1 Adjusted Loss per Share $0.34.
Q1 Loss per Share $0.42.
Q1 Sales Rose 2.4 Percent to $399.5 Million.
Carrols CEO Says Have Been Thoroughly Evaluating Co's Operations, Capabilities to Formulate Go-forward Strategy Intended to Be Shared Later in Year.
Confident We Can Make Necessary Changes to Address Industry Challenges.
Expect That Our Net Capex Spend Will Be Below $50 Million.
Revenue is expected to be $434.43 Million
Adjusted EPS is expected to be -$0.09

Next Quarter Revenue Guidance is expected to be $438.33 Million
Next Quarter EPS Guidance is expected to be -$0.03

More details on our Analysts Page.