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BK franchisee Carrols records 65% jump in 2nd-Q profit

SYRACUSE N.Y. Carrols Restaurant Group Inc., the largest Burger King franchisee and owner-operator of the fast-casual Pollo Tropical and Taco Cabana brands, reported a 65-percent surge in second-quarter profit on a 5-percent revenue gain and reduced costs from lease refinancings and debt reduction.

For the quarter ended June 30, Carrols earned $5.1 million, or 24 cents per share, compared with $3.1 million, or 19 cents per share, a year ago.


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