Carrols Restaurant Group, Inc. Reports Preliminary Sales Results for the Fourth Quarter and Full Year 2022
Preliminary sales results for the Fourth Quarter of 2022 versus the Fourth Quarter of 2021 include:
- Total restaurant sales increased 7.0% to
$445.1 millioncompared to $416.1 millionin the fourth quarter of 2021;
- Comparable restaurant sales for the Company’s Burger King® restaurants increased 6.2%; and
- Comparable restaurant sales for the Company’s Popeyes® restaurants increased 9.2%.
Preliminary sales results for the Full Year 2022 versus the Full Year 2021 include:
- Total restaurant sales increased 4.7% to
$1,730.4 millioncompared to $1,652.4 millionin the prior year;
- Comparable restaurant sales for the Company’s Burger King® restaurants increased 3.9%; and
- Comparable restaurant sales for the Company’s Popeyes® restaurants increased 4.9%.
ICR Conference Participation
Carrols will host investor meetings at the 25th Annual
About the Company
Carrols is one of the largest restaurant franchisees in
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, including, without limitation, the impact of COVID-19 on Carrols’ business, as included in Carrols’ filings with the
Source: Carrols Restaurant Group, Inc.