TAST - Carrols Restaurant Group Inc.

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Carrols Restaurant Group, Inc., operating through its subsidiaries, functions as a prominent player in the restaurant industry across the United States. Specializing as a franchisee of Burger King and Popeyes, the company manages a diverse portfolio of quick-service restaurants. As of January 2, 2022, Carrols Restaurant Group operated 1,026 Burger King locations spanning 23 states in the Northeastern, Midwestern, Southcentral, and Southeastern regions, alongside 65 Popeyes restaurants situated in seven Southeastern states. This extensive footprint underscores Carrols' strategic expansion and commitment to delivering high-quality dining experiences to customers nationwide.

Founded in 1960 and headquartered in Syracuse, New York, Carrols Restaurant Group has cultivated a strong presence in the competitive restaurant market. The company's success is rooted in its franchise model, leveraging established brand recognition and operational efficiencies provided by Burger King and Popeyes. Carrols Restaurant Group continues to capitalize on consumer preferences for iconic fast-food offerings while maintaining a focus on innovation and customer satisfaction.

Beyond its operational achievements, Carrols Restaurant Group remains dedicated to enhancing shareholder value and promoting sustainable growth. The company emphasizes rigorous financial management and strategic investments in technology and marketing initiatives to drive revenue growth and operational efficiency. With a steadfast commitment to culinary excellence and operational excellence, Carrols Restaurant Group is poised to navigate evolving market dynamics and capitalize on emerging opportunities in the restaurant industry.

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