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India

Cara Operations Ltd (CARA.TO)

CARA.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Cara reports Q3 2017 adjusted earnings per share ‍$0.46​
Saturday, 4 Nov 2017 

Nov 3 (Reuters) - Cara Operations Ltd :Cara reports Q3 2017 results - total system sales grow 36.9%, same restaurant sales +0.9% and operating EBITDA increases 30.1%..Cara Operations Ltd qtrly ‍SHR $0.34​.Cara Operations Ltd qtrly adjusted earnings per share ‍$0.46​.Cara Operations Ltd - qtrly total system sales $684.7 million versus $500.1 mln‍​.Cara Operations - ‍to supplement cash flow and debt repayment co is also planning less capital expenditures in 2018 as "we build fewer new restaurants"​.Cara Operations Ltd - ‍same restaurant sales growth for 13 weeks ended September 24, 2017 was 0.9 percent ​.  Full Article

Cara Operations Ltd announces purchase of Pickle Barrel
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Cara Operations Ltd :Cara Operations Ltd - ‍on October 13, 2017 it entered into a purchase agreement to acquire a 100 percent interest in Pickle Barrel Group of Restaurants​.  Full Article

Competition Bureau says will not oppose Cara's deal for St-Hubert
Thursday, 19 May 2016 

Competition Bureau: Will not oppose proposed acquisition of St-Hubert Restaurants by Cara Operations Ltd .During review of proposed transaction, Bureau determined that substantial lessening or prevention of competition would be unlikely.  Full Article

Cara Operations Limited announces $230 million private placement of subscription receipts
Thursday, 7 Apr 2016 

Cara Operations Limited:Has entered into an agreement with a syndicate of agents led by Scotia Capital Inc and including BMO Nesbitt Burns Inc and RBC Dominion Securities Inc to sell 7,863,280 subscription receipts on a private placement basis.Subscription receipts will be sold at a price of $29.25 per Subscription Receipt, for gross proceeds to company of $230,000,940.Net proceeds from offering will be used to finance, in part, purchase price under company's previously announced agreement to acquire 100% of Groupe St-Hubert Inc.  Full Article

BRIEF-Cara reports Q3 2017 adjusted earnings per share ‍$0.46​

* Cara reports Q3 2017 results - total system sales grow 36.9%, same restaurant sales +0.9% and operating EBITDA increases 30.1%.