Company Quick10K Filing
Carrols Restaurant Group
10-Q 2020-03-29 Filed 2020-05-07
10-K 2019-12-29 Filed 2020-03-13
10-Q 2019-09-29 Filed 2019-11-08
10-Q 2019-06-30 Filed 2019-08-09
10-Q 2019-03-31 Filed 2019-05-10
10-K 2018-12-30 Filed 2019-03-07
10-Q 2018-09-30 Filed 2018-11-08
10-Q 2018-07-01 Filed 2018-08-09
10-Q 2018-04-01 Filed 2018-05-09
10-K 2017-12-31 Filed 2018-03-12
10-Q 2017-10-01 Filed 2017-11-09
10-Q 2017-07-02 Filed 2017-08-09
10-Q 2017-04-02 Filed 2017-05-10
10-K 2017-01-01 Filed 2017-03-07
10-Q 2016-10-02 Filed 2016-11-09
10-Q 2016-07-03 Filed 2016-08-10
10-Q 2016-04-03 Filed 2016-05-11
10-K 2016-01-03 Filed 2016-03-09
10-Q 2015-09-27 Filed 2015-11-04
10-Q 2015-06-28 Filed 2015-08-05
10-Q 2015-03-29 Filed 2015-05-06
10-K 2014-12-28 Filed 2015-03-04
10-Q 2014-09-28 Filed 2014-11-06
10-Q 2014-06-29 Filed 2014-08-06
10-Q 2014-03-30 Filed 2014-05-07
10-K 2013-12-29 Filed 2014-03-03
10-Q 2013-09-29 Filed 2013-11-06
10-Q 2013-06-30 Filed 2013-08-07
10-Q 2013-03-31 Filed 2013-05-08
10-K 2012-12-30 Filed 2013-03-12
10-Q 2012-09-30 Filed 2012-11-09
10-Q 2012-07-01 Filed 2012-08-10
10-Q 2012-04-01 Filed 2012-05-10
10-K 2012-01-01 Filed 2012-03-08
10-Q 2011-10-02 Filed 2011-11-14
10-Q 2011-07-03 Filed 2011-08-12
10-Q 2011-04-03 Filed 2011-05-12
10-K 2011-01-02 Filed 2011-03-18
10-Q 2010-10-03 Filed 2010-11-10
10-Q 2010-07-04 Filed 2010-08-12
10-Q 2010-04-04 Filed 2010-05-12
10-K 2010-01-03 Filed 2010-03-09
8-K 2020-05-07 Earnings, Exhibits
8-K 2020-04-16 Enter Agreement, Off-BS Arrangement
8-K 2020-04-08 Enter Agreement, Off-BS Arrangement
8-K 2020-03-26 Enter Agreement, Off-BS Arrangement
8-K 2020-03-17 Regulation FD
8-K 2020-02-25 Earnings, Exhibits
8-K 2020-02-14 Regulation FD, Exhibits
8-K 2020-02-14 Officers
8-K 2020-01-13 Earnings, Regulation FD, Exhibits
8-K 2019-12-13 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-11-20 Officers, Exhibits
8-K 2019-11-08 Officers
8-K 2019-11-07 Earnings, Exhibits
8-K 2019-09-10 Officers, Exhibits
8-K 2019-09-09 Regulation FD, Exhibits
8-K 2019-08-29 Shareholder Rights, Amend Bylaw, Shareholder Vote, Exhibits
8-K 2019-08-08 Earnings, Exhibits
8-K 2019-06-13 Regulation FD, Exhibits
8-K 2019-05-08 Earnings, Exhibits
8-K 2019-05-01 Regulation FD, Exhibits
8-K 2019-03-27 Regulation FD
8-K 2019-02-27 Earnings, Exhibits
8-K 2019-02-20 Earnings, Regulation FD, Exhibits
8-K 2019-02-19 Enter Agreement, Off-BS Arrangement, Officers, Exhibits
8-K 2018-11-30 Enter Agreement, Shareholder Rights, Officers, Amend Bylaw, Exhibits
8-K 2018-11-06 Earnings, Exhibits
8-K 2018-10-08 Earnings, Regulation FD, Exhibits
8-K 2018-08-07 Earnings, Exhibits
8-K 2018-06-07 Officers, Shareholder Vote
8-K 2018-05-08 Earnings, Exhibits
8-K 2018-02-28 Earnings, Exhibits
8-K 2018-02-20 Officers

Carrols Restaurant Group Financials

TAST Metrics, Comps, Filings

Quarterly | Annual

Business

We are one of the largest restaurant companies in the United States and have been operating restaurants for more than 55 years. We are the largest Burger King® franchisee in the United States, based on number of restaurants, and have operated Burger King restaurants since 1976. As of December 30, 2018, we owned and operated 849 Burger King restaurants located in 18 Northeastern, Midwestern and Southeastern states. Burger King restaurants feature the popular flame-broiled Whopper® sandwich, as well as a variety of hamburgers, chicken and other specialty sandwiches, french fries, salads, breakfast items, snacks, soft drinks and other offerings. We believe that our size, seasoned management team, extensive operating infrastructure, experience and proven operating disciplines differentiate us from many of our competitors as well as many other Burger King operators.

According to BKC, as of December 31, 2018 there were a total of 17,796 Burger King restaurants, of which almost all were franchised and 7,330 were located in the United States. Burger King is the second largest quick service hamburger restaurant chain in the world (as measured by number of restaurants) and we believe that the Burger King brand is one of the world's most recognized consumer brands. Burger King restaurants have a distinctive image and are generally located in high-traffic areas throughout the United States. Burger King restaurants are designed to appeal to a broad spectrum of consumers, with multiple day-part meal segments targeted to different groups of consumers. We believe that the competitive attributes of Burger King restaurants include significant brand recognition, convenience of location, quality, speed of service and price.

Our Burger King restaurants are typically open seven days per week and generally have operating hours ranging from 6:00 am to midnight on Sunday to Wednesday and to 2:00 am on Thursday to Saturday.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Ruths Hospitality Group (RUTH) 588 18% 9.2 9% 471 384 460 85 43 72 668
Bojangles' (BOJA) 635 17% 9.4 10% 551 259 565 95 53 77 718
Red Robin (RRGB) 391 20% 5.2 -1% 1,238 877 1,315 257 -8 108 568
Chuy's Holdings (CHUY) 435 17% 17.6 1% 446 251 426 71 6 24 425
El Pollo Loco (LOCO) 535 22% 11.1 4% 625 379 442 97 25 56 624
Carrols Restaurant Group (TAST) 423 39% 16.7 -1% 1,734 1,415 1,369 540 -20 54 906
Del Taco Restaurants (TACO) 285 24% -2.8 -25% 759 560 513 121 -188 -151 428
Empire Resorts (NYNY) 333 0% -46.8 -11% 870 689 187 0 -100 -18 844
Fiesta Restaurant (FRGI) 259 20% -10.2 -15% 569 410 661 135 -84 -31 323
Nathans Famous (NATH) 292 41% 12.1 20% 107 170 103 42 21 30 363
Del Frisco's (DFRG) 265 72% -8.6 -11% 897 698 481 349 -100 -71 608
Noodles (NDLS) 249 17% 10.5 0% 379 328 462 79 2 27 281
J. Alexander's (JAX) 174 0% 20.5 3% 245 116 247 0 8 9 178
RCI Hospitality (RICK) 170 86% 4.8 5% 351 182 177 152 16 33 159
LiveXLive Media (LIVX) 120 14% -3.6 -65% 59 54 37 5 -38 -32 115
Potbelly (PBPB) 102 17% 7.2 -3% 333 264 423 73 -9 12 83
Papa Murphy's (FRSH) 93 0% 13.4 1% 239 138 89 0 3 13 170
One Group Hospitality (STKS) 79 0% 18.0 1% 95 82 68 0 1 5 91
Ark Restaurants (ARKR) 78 15% 7.3 3% 147 104 165 25 5 13 94
FAT Brands (FAT) 60 0% 16.1 -0% 80 73 17 0 -0 6 89

Balance Sheet ($MM)2011-07-032011-10-022012-01-012012-04-012012-07-012012-09-302012-12-302013-03-312013-06-302013-09-292013-12-292014-03-302014-06-292014-09-282014-12-282015-03-292015-06-282015-09-272016-01-032016-04-032016-07-032016-10-022017-01-012017-04-022017-07-022017-10-012017-12-312018-04-012018-07-012018-09-302018-12-302019-03-312019-06-302019-09-29
Cash72225558573827131381564321246172221210102334442935382028233
Accounts Receivable
Inventory55667787766666877777888888998910101213
PP&E187189190197124123307141148150341151152159386179183188446225232252503247247254564276273281619288354394
Assets4294524584463503493463433373363293253813873693684104254274294374594905145625775825895876006001,1121,6901,734
Accounts Payable13151514151420191814151314151916181720212222221921212925232229243040
Long-Term Debt241260262257161163162170169168171172169164160159210212212213218218221244294293290287287287279285454487
Liabilities3753943993882442492562582552572522552452532632703173253193193173333353614024134124214114184159291,3641,415
Stockholders' Equity545859581061009085827977701361341079893101108111121126155154161164169168177182186183326319
Income Statement ($MM)2011-07-032011-10-022012-01-012012-04-012012-07-012012-09-302012-12-302013-03-312013-06-302013-09-292013-12-292014-03-302014-06-292014-09-282014-12-282015-03-292015-06-282015-09-272016-01-032016-04-032016-07-032016-10-022017-01-012017-04-022017-07-022017-10-012017-12-312018-04-012018-07-012018-09-302018-12-302019-03-312019-06-302019-09-29
Revenue210212204212122169163156174168166151169180193193219218229223241239241240279285284272303297308291369402
Cost of Revenue109121
Gross Profit259281
R&D
SG&A212223241317201617161717161718192120232225242525262627272830323537
Tax210-000-3000-2-4-1-3192000000-28010-0-000000
Net Income630-4-0-7-8-5-2-3-2-7-2-2-27-9-57729429-6634-3842-11-4-7
Cash Flow ($MM)2011-07-032011-10-022012-01-012012-04-012012-07-012012-09-302012-12-302013-03-312013-06-302013-09-292013-12-292014-03-302014-06-292014-09-282014-12-282015-03-292015-06-282015-09-272016-01-032016-04-032016-07-032016-10-022017-01-012017-04-022017-07-022017-10-012017-12-312018-04-012018-07-012018-09-302018-12-302019-03-312019-06-302019-09-29
Cash Operating15140185-5201450-21341416261511172311101928162019298324
Cash Investing-11-14-16-31-5-13-14-14-13-10-9-9-25-26-11-14-14-64-20-20-32-24-33-28-17-30-19-13-47-16-151-55
Cash Financing113-474-1-0-0-0-0-0265-0-0-035-0-0-0-01042340-0-04-2-0514931