Carrols Corporation is a leading drive-thru restaurant chain with a significant presence in the United States. It operates over 1,000 Burger King locations across 25 states.
The company's investor relations efforts are focused on providing transparent and timely information to its shareholders and the investment community. This includes regular updates on its financial performance and strategic initiatives.
Carrols' corporate structure is organized into several key departments, including restaurant operations, real estate, and finance.
Company Structure
Carrols Corporation is a leading Burger King franchisee in the United States.
The company operates over 900 Burger King restaurants across 14 states.
Carrols Corporation is headquartered in Syracuse, New York.
Executive Committee:
The Executive Committee plays a crucial role in overseeing the company's overall strategy and direction. They are responsible for making key decisions that impact the organization as a whole.
The committee typically consists of the CEO, CFO, and other senior executives who have a deep understanding of the company's operations and goals. In our company, the Executive Committee meets bi-weekly to discuss important matters and make strategic decisions.
The CEO serves as the chair of the Executive Committee, ensuring that all decisions align with the company's mission and vision. This leadership plays a vital role in driving the company forward and making tough decisions when necessary.
The committee's primary function is to provide guidance and oversight to the management team, ensuring that they are working towards the company's objectives.
Reports and Announcements
Carrols Restaurant Group, Inc. regularly releases financial reports, including annual 10-K reports and quarterly 10-Q reports. These reports are a great resource for investors and analysts looking to stay up-to-date on the company's performance.
The first 10-K report was filed on March 4, 2015, and since then, the company has consistently filed these reports on an annual basis, with the most recent one being filed on March 13, 2020.
Carrols Restaurant Group, Inc. also releases quarterly 10-Q reports, which provide a more detailed look at the company's financial performance on a quarterly basis. The first 10-Q report was filed on May 10, 2012, and since then, the company has filed these reports on a regular basis, usually around the 6th or 10th of each quarter.
Here are the dates of the quarterly 10-Q reports filed by Carrols Restaurant Group, Inc.:
- 05/10/2012 - 10-Q
- 05/08/2013 - 10-Q
- 11/06/2013 - 10-Q
- 05/07/2014 - 10-Q
- 08/06/2014 - 10-Q
- 11/06/2014 - 10-Q
- 05/06/2015 - 10-Q
- 08/05/2015 - 10-Q
- 11/04/2015 - 10-Q
- 05/11/2016 - 10-Q
- 08/10/2016 - 10-Q
- 05/10/2017 - 10-Q
- 08/09/2017 - 10-Q
- 11/09/2017 - 10-Q
- 05/09/2018 - 10-Q
- 08/09/2018 - 10-Q
- 11/08/2018 - 10-Q
- 05/07/2020 - 10-Q
- 08/06/2020 - 10-Q
- 11/05/2020 - 10-Q
- 05/13/2021 - 10-Q
These reports are a valuable resource for anyone looking to stay informed about Carrols Restaurant Group, Inc.'s financial performance.
Frequently Asked Questions
Who bought out Carrols Corporation?
Restaurant Brands International acquired Carrols Restaurant Group in a $1 billion all-cash deal. The acquisition price was $9.55 per share.
Why did RBI buy Carrols?
RBI acquired Carrols to accelerate the remodel of Burger King restaurants in Carrols' system, aiming for 120 annual remodels. This move aims to enhance the overall customer experience and competitiveness of the acquired restaurants.
Who owns Burger King in 2024?
As of 2024, Burger King is owned by Restaurant Brands International, a parent company that acquired the largest franchisee, Carrols Restaurant Group, for approximately $1 billion in January 2024.
Who is the CEO of Carrols?
The CEO of Carrols is Deb Derby. She is optimistic about Burger King's direction following the Reclaim the Flame initiative.
Sources
- https://www.alphaspread.com/security/f/xqc/investor-relations
- https://www.marketscreener.com/quote/stock/CARROLS-RESTAURANT-GROUP--39438/company/
- https://www.fool.com/earnings/call-transcripts/2019/05/08/carrols-restaurant-group-tast-q1-2019-earnings-cal.aspx
- https://www.aol.com/news/2012-10-25-carrols-restaurant-group-inc-to-announce-third-qua.html
- http://www.getfilings.com/sec-filings/170509/CARROLS-RESTAURANT-GROUP-INC_8-K/ex991q1-2017.htm
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