USA: Carrols Corporation reports first quarter 2001 results
Carrols Corporation reported that revenues for the quarter ended March 31, 2001 increased $45.3 million, or 41%, to $155.1 million from $109.8 million in the prior year quarter. The sales increase was largely attributable to the addition of 120 restaurants from the Company's acquisition of Taco Cabana, Inc. in December 2000. Also contributing to the sales increase were modest gains in comparable store sales at the Company's Burger King restaurants and the addition of six Pollo Tropical restaurants since the first quarter of last year.
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