SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 9, 2019
Carrols Restaurant Group, Inc.
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of
incorporation or organization)
968 James Street
Syracuse, New York
|(Address of principal executive office)||(Zip Code)|
Registrant’s telephone number, including area code (315) 424-0513
(Former name or former address, if changed since last report.)
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol(s)||Name of each exchange on which registered|
|Common Stock, par value $.01 per share||TAST||The NASDAQ Global Market|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|☐||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|☐||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|☐||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|☐||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 7.01. REGULATION FD DISCLOSURE.
On September 9, 2019, Carrols Restaurant Group, Inc. issued a press release, the entire text of which is attached as Exhibit 99.1 and is incorporated by reference herein.
Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
|99.1||Carrols Restaurant Group, Inc. Press Release, dated September 9, 2019|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Carrols Restaurant Group, Inc.|
|Date: September 9, 2019||By:||/s/ William E. Myers|
Name: William E. Myers
Title: Vice President, General Counsel and Secretary
FOR IMMEDIATE RELEASE
800-348-1074, ext. 3333
Carrols Restaurant Group, Inc. Announces the Death
of Chief Financial Officer Paul R. Flanders
SYRACUSE, N.Y. – (BUSINESS WIRE) – September 9, 2019 – Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST) today announced the death of Paul R. Flanders on September 7, 2019, who had served as Vice President, Chief Financial Officer, and Treasurer of Carrols since 1997.
Daniel T. Accordino, Chairman and Chief Executive Officer of Carrols, said, “We are all shocked and saddened by Paul’s passing. Paul was a highly respected and talented individual whose friendship has meant so much to me personally as well to the people with whom he worked at Carrols for more than two decades. He will be sorely missed by us all. On behalf of the entire Carrols family, we extend our deepest sympathies during this difficult time to his wife Carole Ann and his daughters, Jess and Emily, as well as Tiffany and Shawn Kelly, Brittany and Bill Kittell, and his adored granddaughters, Kennedy, Alexa and Sadie, who meant the world to him.”
Mr. Flanders’ duties are currently being assumed and performed by the existing finance and accounting team until his replacement is named. The Company has initiated a search for his replacement.
About the Company
Carrols is one of largest restaurant franchisees in the United States, and currently operates a total of 1,087 restaurants. It is the largest BURGER KING® franchisee in the United States currently operating 1,027 BURGER KING® restaurants and also operates 60 POPEYES® restaurants. It has operated BURGER KING® restaurants since 1976. For more information on Carrols, please visit the company's website at www.carrols.com.
Except for the historical information contained in this news release, the matters addressed are forward-looking statements. Forward-looking statements, written, oral or otherwise made, represent Carrols' expectation or belief concerning future events. Without limiting the foregoing, these statements are often identified by the words "may", "might", "believes", "thinks", "anticipates", "plans", "expects", "intends" or similar expressions. In addition, expressions of our strategies, intentions, plans or guidance are also forward-looking statements. Such statements reflect management's current views with respect to future events and are subject to risks and uncertainties, both known and unknown. You are cautioned not to place undue reliance on these forward-looking statements as there are important factors that could cause actual results to differ materially from those in forward-looking statements, many of which are beyond our control. Investors are referred to the full discussion of risks and uncertainties as included in Carrols' filings with the Securities and Exchange Commission.