Carrols posts higher 1Q profit on lower costs

SYRACUSE N.Y. Multiconcept operator Carrols Restaurant Group Inc. on Monday cited cost control, lower interest expense and strong sales at its Burger King units as it reported a big jump in first-quarter net income.

For the quarter ended March 29, Carrols posted net income of $5.0 million, or 23 cents a share, which compares with net income of $1.4 million, or 7 cents a share, in the year-ago period. First-quarter revenue rose 2.9 percent to $201.3 million,

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