Carrols Restaurant Group Inc - Company Profile

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Carrols Restaurant Group Inc: Overview

Carrols Restaurant Group Inc (Carrols) is a quick-service restaurant chain operator. It franchises Burger King and Popeyes restaurants in the US. The company’s restaurant menu features a wide variety of hamburgers, chicken and flame-broiled whopper sandwiches, French fries, salads, snacks, biscuits, chicken tenders, fried shrimp, smoothies, breakfast items, frappes. The restaurants are opened for business, seven days a week, and offer drive-thru, dine-in, and carry-out services. The company operates through a single reportable segment and derives revenue from the sale of its Burger King and Popeyes restaurants franchises. The company operates and franchises a network of Burger King Restaurants in Northeastern, Midwestern, Southcentral and Southeastern states of the US and Popeyes restaurants in seven Southeastern states. Carrols is headquartered in Syracuse, New York, the US.

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Headquarters United States of America

Address 968 James St, Syracuse, New York, 13203-2503


Telephone 1 315 4240513

No of Employees 24,300

Industry Leisure and Arts

Ticker Symbol & Exchange TAST (NASD)

Revenue (2022) $1.7B 4.7% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -75.6% (2022 vs 2021)

Market Cap* $544.0M

Net Profit Margin (2022) XYZ -68.1% (2022 vs 2021)

* As of and is in US$
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Carrols Restaurant Group Inc premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Carrols Restaurant Group Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Sandwiches Drive-thru Window Service
Hamburger Franchising
French Fries
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In January, the company entered into an agreement to be acquired by Restaurant Brands for about US$1 billion.
2021 Acquisitions/Mergers/Takeovers In July, the company acquired 19 Burger King restaurants in Indiana and Michigan.
2019 Acquisitions/Mergers/Takeovers In June, the company acquired 13 Burger King restaurants in Maryland, the US.
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Competitor Comparison

Key Parameters Carrols Restaurant Group Inc McDonald's Corp Yum! Brands, Inc. Papa John's International Inc The Wendys Co
Headquarters United States of America United States of America United States of America United States of America United States of America
City Syracuse Chicago Louisville Louisville Dublin
State/Province New York Illinois Kentucky Kentucky Ohio
No. of Employees 24,300 150,000 23,000 12,000 4,833
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Deborah M. Derby Chief Executive Officer; Director; President Executive Board 2023 59
Anthony E. Hull Vice President; Chief Financial Officer; Treasurer Senior Management 2019 65
Nathan B. Mucher Vice President; Chief Information Officer Senior Management 2018 51
Richard G. Cross Chief Development Officer; Vice President Senior Management 2021 60
Joseph W. Hoffman Chief Restaurant Officer Senior Management 2023 60
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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