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Carrols Restaurant Group, Inc. is an American franchisee company and is ... Cambridge will get 9% of Carrols preferred stock. [10] On February 22, 2022, Carrols named ...
The company was a Corporate spin-off from Carrols Restaurant Group in 2012. Stock in the company was traded on NASDAQ as FRGI until October 2023 when it was taken private by investment firm Garnett Station Partners through its subsidiary Authentic Restaurant Brands. [1] Fiesta's 2019 revenue was $661 million and employs over 10,000 people. [2] [3]
As a sign of confidence, Restaurant Brands announced in mid-January it would buy Carrols Restaurant Group for about $1 billion in cash. Carrols owns about 1,022 Burger King restaurants across 23 ...
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Carrols Restaurant (TAST) delivered earnings and revenue surprises of 25% and 0.92%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
The outlook for restaurants looks great right now. The industry as a whole has held its own, despite challenges that come with rising inflation and interest rates.
By 2000, Taco Cabana spent around $30 million on brand image and while profits had grown, the stock price remained low. Clark began looking at sale options. In 2001 the company became privately held as a wholly owned subsidiary of Carrols Restaurant Group. After the acquisition, Clark left the company [4] and was succeeded by Mike Biviano.
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