Carrols Restaurant Group, Inc. – $TAST – Confident Investor Rating: Poor

Company name Carrols Restaurant Group, Inc.
Stock ticker TAST
Live stock price [stckqut]TAST[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance:

Carrols Restaurant Group, Inc. (Carrols Restaurant Group) is a holding company and conducts all of its operations through its direct and indirect subsidiaries. The Company is a restaurant company in the United States operating three restaurant brands in the quick-casual and quick-service restaurant segments with 547 restaurants located in 17 states as of January 1, 2012. Through its indirect wholly owned subsidiary, Fiesta Restaurant Group., the Company owns and operates two restaurant brands, Pollo Tropical and Taco Cabana. The Company is also a Burger King franchisee, based on the number of restaurants. As of January 1, 2012, its company owned restaurants included 91 Pollo Tropical restaurants and 158 Taco Cabana restaurants, and it owned and operated 298 Burger King restaurants under franchise agreements. In May 2012, the Company acquired 278 BURGER KING restaurants from Burger King Corporation.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Carrols Restaurant Group, Inc. It is not possible to confidently invest in a company that is not currently profitable.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.