Brief: Carrols Restaurant Group, Inc. Q2 Adjusted Earnings Per Share $0.07

Carrols Restaurant

08/08/2019 12:24

Aug 8 (Reuters) - Carrols Restaurant Group Inc  TAST.O :
    * CARROLS RESTAURANT GROUP, INC. REPORTS FINANCIAL RESULTS
FOR THE
SECOND QUARTER 2019
    * Q2 ADJUSTED EARNINGS PER SHARE $0.07
    * Q2 LOSS PER SHARE $0.09
    * Q2 EARNINGS PER SHARE ESTIMATE $0.14 -- REFINITIV IBES
DATA
    * Q2 SALES $368.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$368
MILLION
    * SEES FY 2019 TOTAL RESTAURANT SALES TO BE $1.44 BILLION TO
$1.47
BILLION
    * SEES FY 2019 COMPARABLE RESTAURANT SALES GROWTH OF 2.0% TO
3.0%
    * SEES FY 2019 CAPITAL EXPENDITURES TO BE $120 MILLION TO
$130
MILLION
    * FOR FY 2019 EXPECTS TO CLOSE UP TO 15 BURGER KING
RESTAURANTS,
OF WHICH 10 HAVE ALREADY CLOSED THROUGH Q2 OF 2019
    * SEES FY 2019 PROCEEDS FROM SALE/LEASEBACKS TO BE
APPROXIMATELY
$15 MILLION TO $25 MILLION
    * QTRLY RESTAURANT SALES INCREASED 21.6% TO $368.6 MILLION
    * QTRLY COMPARABLE RESTAURANT SALES INCREASED 0.1% COMPARED
TO A
5.0% INCREASE IN PRIOR YEAR QUARTER

Source text for Eikon:  ID:nBw1S8VBva 
Further company coverage:  TAST.O 

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