February 25, 2020 / 2:43 PM / a month ago

BRIEF-Carrols Restaurant Group Sees 2020 Total Restaurant Sales Of $1.64 Bln-$1.69 Bln

Feb 25 (Reuters) - Carrols Restaurant Group

* EXPECTS TOTAL RESTAURANT SALES OF $1.64 BILLION TO $1.69 BILLION IN 2020

* ADJUSTED EBITDA IS EXPECTED TO BE $100 MILLION TO $110 MILLION IN 2020

* COMPARABLE RESTAURANT SALES GROWTH FOR BURGER KING RESTAURANTS OWNED FOR MORE THAN 12 MONTHS AS OF DEC 29, 2019 IS EXPECTED TO BE 2% TO 3% IN 2020

* GROSS CAPITAL EXPENDITURES ARE EXPECTED TO BE $70 MILLION TO $75 MILLION IN 2020

* EXPECTS TO GENERATE UP TO $25 MILLION IN FREE CASH FLOW THIS YEAR ASSUMING NEUTRAL WORKING CAPITAL CHANGES

Source text for Eikon:

Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below