CARROLS RESTAURANT (TAST)

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ANNUAL

QUARTERLY

GUIDANCE AS OF Q3’23 REPORT

For the fourth quarter, the Company expects a strong finish to the year, with comparable restaurant sales increases at the Company’s Burger King restaurants in the mid-single digits, aided by accelerating traffic growth. The Company anticipates achieving Adjusted EBITDA of approximately $145 million to $149 million for 2023. This equates to anticipated Adjusted EBITDA of approximately $28 million to $32 million in the fourth quarter. In 2024, to help accelerate its organic growth, the Company plans to remodel approximately 45 Burger King restaurants.

TRANSCRIPT OF Q3’23 CONFERENCE CALL

https://seekingalpha.com/article/4649794-carrols-restaurant-group-inc-tast-q3-2023-earnings-call-transcript

EARNINGS PRESENTATION – Q3’23

https://seekingalpha.com/article/4649752-carrols-restaurant-group-inc-2023-q3-results-earnings-call-presentation