OverviewSuggest Edit

Carrols Restaurant Group owns and operates restaurants under the Burger King brand. Burger King restaurants feature the flame-broiled Whopper sandwich, as well as a range of hamburgers, chicken and other specialty sandwiches, French fries, salads, breakfast items, hot dogs, snacks, smoothies, frappes and other offerings.

TypePublic
Founded1960
HQSyracuse, NY, US
Websitecarrols.com
Employee Ratings3.4
Overall CultureD+

Latest Updates

Employees (est.) (Dec 2019)31,500(+29%)
Job Openings7,676
Revenue (FY, 2019)$1.5 B(+25%)
Share Price (Jun 2021)$5.8(+2%)
Cybersecurity ratingBMore

Key People/Management at Carrols Restaurant Group

Daniel T. Accordino

Daniel T. Accordino

Chairman of the Board, CEO and President, Director
Anthony E. Hull

Anthony E. Hull

Chief Financial Officer
Hannah Craven

Hannah Craven

Director
Carl Hauch

Carl Hauch

Chief Operating Officer
Deborah M. Derby

Deborah M. Derby

Director
Matthew Dunnigan

Matthew Dunnigan

Director
Show more

Carrols Restaurant Group Office Locations

Carrols Restaurant Group has an office in Syracuse
Syracuse, NY, US (HQ)
968 James St
Show all (1)

Carrols Restaurant Group Financials and Metrics

Carrols Restaurant Group Revenue

Embed Graph
View revenue for all periods
Carrols Restaurant Group's revenue was reported to be $1.46 b in FY, 2019
USD

Revenue (FY, 2019)

1.5b

Gross profit (FY, 2019)

1.0b

Gross profit margin (FY, 2019), %

70.5%

Net income (FY, 2019)

(31.9m)

EBIT (FY, 2019)

(8.7m)

Market capitalization (4-Jun-2021)

300.8m

Closing stock price (4-Jun-2021)

5.8

Cash (29-Dec-2019)

2.3m

EV

1.6b
Carrols Restaurant Group's current market capitalization is $300.8 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2017FY, 2018FY, 2019

Cash

38.3m8.3m21.2m22.3m27.6m27.6m2.3m

Accounts Receivable

6.4m2.8m4.0m6.2m9.4m11.7m13.4m

Prepaid Expenses

2.9m2.9m3.0m9.4m6.6m6.7m7.8m

Inventories

7.7m6.5m7.8m7.1m9.4m10.4m13.3m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2017FY, 2018FY, 2019

Net Income

(18.9m)(13.5m)(38.1m)4.0k7.2m10.1m(31.9m)

Depreciation and Amortization

26.3m33.6m36.9m39.8m54.2m58.5m74.7m

Accounts Payable

7.2m(2.7m)2.2m2.1m3.1m(926.0k)1.2m

Cash From Operating Activities

18.2m21.6m14.7m70.7m72.8m80.8m48.7m
USDQ2, 2013

Debt/Equity

1.5 x

Debt/Assets

0.5 x

Financial Leverage

3.3 x
Show all financial metrics

Carrols Restaurant Group Operating Metrics

Q1, 2015Q2, 2015Q3, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

Franchise acquired

659657660705717723734807788799798
Show all operating metrics

Carrols Restaurant Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Carrols Corporation
Carrols LLC
Republic Foods, Inc.

Carrols Restaurant Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Carrols Restaurant Group Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Carrols Restaurant Group Online and Social Media Presence

Embed Graph

Carrols Restaurant Group Company Culture

  • Overall Culture

    D+

    60/100

  • CEO Rating

    B

    70/100

  • Compensation

    D

    51/100

Learn more on Comparably

Carrols Restaurant Group News and Updates

Carrols Restaurant Group, Inc. to Announce First Quarter 2021 Financial Results on May 13, 2021

SYRACUSE, N.Y., April 29, 2021 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. ("Carrols" or the “Company”) (Nasdaq: TAST), the largest BURGER KING® franchisee in the United States, today announced that Daniel T. Accordino, Chairman and Chief Executive Officer, and Anthony E. Hull, Chief Financ…

Carrols Restaurant Group, Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(C)(4)

SYRACUSE, N.Y., March 12, 2021 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST) today announced that as a material inducement to enter into employment with the Company on February 15, 2021, the Company granted an inducement award of 250,000 restricted …

Carrols Restaurant Group, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2020

SYRACUSE, N.Y., March 03, 2021 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST) today reported financial results for the fourth quarter and full year ended January 3, 2021.

Carrols Restaurant Group, Inc. to Announce Fourth Quarter and Full Year 2020 Financial Results on March 3, 2021

SYRACUSE, N.Y., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. ("Carrols") (Nasdaq: TAST), the largest BURGER KING® franchisee in the United States, today announced that Daniel T. Accordino, Chairman and Chief Executive Officer, and Anthony E. Hull, Chief Financial Officer, will …

Carrols Restaurant Group, Inc. Appoints Jared L. Landaw as Vice President and General Counsel

SYRACUSE, N.Y., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST) today announced that it has appointed Jared L. Landaw as the Company’s Vice President and General Counsel, effective February 8, 2021.

Carrols Restaurant Group, Inc. Appoints Accomplished Industry Leader Carl Hauch as Chief Operating Officer

SYRACUSE, N.Y., Feb. 09, 2021 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST) today announced that it has appointed Carl Hauch as the Company’s Chief Operating Officer, effective February 15, 2021.
Show more

Carrols Restaurant Group Frequently Asked Questions

  • When was Carrols Restaurant Group founded?

    Carrols Restaurant Group was founded in 1960.

  • Who are Carrols Restaurant Group key executives?

    Carrols Restaurant Group's key executives are Daniel T. Accordino, Anthony E. Hull and Hannah Craven.

  • How many employees does Carrols Restaurant Group have?

    Carrols Restaurant Group has 31,500 employees.

  • What is Carrols Restaurant Group revenue?

    Latest Carrols Restaurant Group annual revenue is $1.5 b.

  • What is Carrols Restaurant Group revenue per employee?

    Latest Carrols Restaurant Group revenue per employee is $46.4 k.

  • Who are Carrols Restaurant Group competitors?

    Competitors of Carrols Restaurant Group include Medix, ISH and Few & Far.

  • Where is Carrols Restaurant Group headquarters?

    Carrols Restaurant Group headquarters is located at 968 James St, Syracuse.

  • Where are Carrols Restaurant Group offices?

    Carrols Restaurant Group has an office in Syracuse.

  • How many offices does Carrols Restaurant Group have?

    Carrols Restaurant Group has 1 office.