Brief: Carrols Restaurant Group Posts Q1 Adjusted Loss Per Share 34 Cents

Carrols Restaurant

12/05/2022 12:16

May 12 (Reuters) - Carrols Restaurant Group Inc  TAST.O :
    * CARROLS RESTAURANT GROUP, INC. REPORTS FINANCIAL RESULTS
FOR THE
FIRST QUARTER 2022
    * Q1 ADJUSTED LOSS PER SHARE $0.34
    * Q1 LOSS PER SHARE $0.42
    * Q1 SALES ROSE 2.4 PERCENT TO $399.5 MILLION
    * CARROLS CEO SAYS HAVE BEEN THOROUGHLY EVALUATING CO'S
OPERATIONS, CAPABILITIES TO FORMULATE GO-FORWARD STRATEGY
INTENDED TO BE SHARED LATER IN YEAR
    * CONFIDENT WE CAN MAKE NECESSARY CHANGES TO ADDRESS
INDUSTRY
CHALLENGES
    * EXPECT THAT OUR NET CAPEX SPEND WILL BE BELOW $50 MILLION

Source text for Eikon:  ID:nGNXLBG5K 
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