Brief: Carrols Restaurant Q3 Adjusted Earnings Per Share $0.09

Carrols Restaurant

06/11/2018 12:31

Nov 6 (Reuters) - Carrols Restaurant Group Inc  TAST.O :
    * CARROLS RESTAURANT GROUP, INC. REPORTS FINANCIAL RESULTS
FOR THE
THIRD QUARTER 2018
    * Q3 ADJUSTED EARNINGS PER SHARE $0.09
    * Q3 EARNINGS PER SHARE $0.08
    * Q3 SALES $296.9 MILLION VERSUS I/B/E/S VIEW $297.4 MILLION
    * Q3 EARNINGS PER SHARE VIEW $0.09 -- THOMSON REUTERS
I/B/E/S
    * SAYS FY 2018 TOTAL RESTAURANT SALES ARE EXPECTED TO BE
$1.17
BILLION TO $1.18 BILLION
    * SAYS FY 2018 COMPARABLE RESTAURANT SALES INCREASE OF 3.2%
TO
3.8% WITH AN INCREASE OF 0% TO 2% IN Q4
    * SAYS ADJUSTED EBITDA IS STILL EXPECTED TO BE $100 MILLION
TO
$105 MILLION FOR FY 2018
    * CARROLS RESTAURANT GROUP SAYS EXPECTS TO CLOSE 10 TO 15
EXISTING
RESTAURANTS (15 TO 20 PREVIOUSLY) OF WHICH NINE HAVE BEEN CLOSED
THROUGH END OF Q3
    * QUARTERLY COMPARABLE RESTAURANT SALES INCREASED 1.6%

Source text for Eikon:  ID:nBw5GnYZxa 
Further company coverage:  TAST.O 

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