Carrols' 3rd-Q profit falls, but beats expectations

SYRACUSE N.Y. Carrols Restaurant Group Inc., a 317-unit Burger King franchisee and the parent of 89 Pollo Tropical and 153 Taco Cabana restaurants, reported Tuesday a 24-percent drop in third-quarter profit because of increased costs at its BK division and slowed sales from hurricane-related closures at in-house brands.

The company’s results, however, beat analyst expectations and its reiteration of plans to slow restaurant development, close sale-leaseback

Register to view the full article

Register to view this article

Hide 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.