Carrols narrows 3Q net loss

Carrols narrows 3Q net loss

Lower food costs, general and administrative expenses eased

Carrols Restaurant Group Inc. narrowed its third-quarter net loss significantly to $2.8 million, compared with a $6.3 million net loss a year earlier, as lower food costs and general and administrative expenses eased, as did after-tax charges.

Revenue dipped slightly for the Syracuse, N.Y.-based franchisee of 564 Burger King restaurants, reflecting eight fewer locations in operation during the Sept. 29-ended quarter, compared with a year earlier. Same-store sales increased

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish