Edition:
United States

Carrols Restaurant Q3 earnings per share $0.06


Wednesday, 8 Nov 2017 07:00am EST 

Nov 8 (Reuters) - Carrols Restaurant Group Inc : :Carrols Restaurant Group, Inc reports financial results for the third quarter 2017.Q3 adjusted earnings per share $0.08.Q3 earnings per share $0.06.Q3 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Carrols Restaurant Group Inc qtrly ‍restaurant sales increased 19.4% to $285.2 million from $238.9 million in Q3 of 2016​.Carrols Restaurant Group Inc qtrly ‍comparable restaurant sales increased 7.5% compared to being flat in prior year period​.Carrols Restaurant Group Inc sees ‍full year 2017 total restaurant sales of $1.07 billion to $1.08 billion​.Carrols Restaurant Group Inc sees ‍full year 2017 capital expenditures of approximately $75 million to $85 million​.Carrols Restaurant Group Inc sees ‍full year 2017 adjusted ebitda of $85 million to $90 million​.Carrols Restaurant Group Inc sees ‍full year 2017 commodity costs are expected to increase 3% to 4% including a 9% to 10% increase in beef costs​.Carrols Restaurant Group Inc sees ‍full year 2018 total restaurant sales are expected to be $1.12 billion to $1.15 billion​.Carrols Restaurant Group Inc sees ‍full year 2018 adjusted ebitda is expected to be $90 million to $100 million​.Carrols Restaurant - sees ‍ full year 2018 capital expenditures before discretionary growth-related expenditures are expected to be $45 million to $50 million​.