QSRweb.com:
Carrols Restaurant Group Inc. has announced financial results for the second quarter ended July 1. Results include the 278 Burger King restaurants that were acquired from the brand’s corporate operations May 30.
The company’s second quarter sales jumped 37.8 percent compared to the same period last year, totaling $122.1 million, $27.5 million of which came from the newly acquired restaurants.
Comparable restaurant sales increased 8.8 percent, including an increase in customer traffic of 4.9 percent.
In addition to the company’s traffic increasing by 4.9 percent in the quarter, its average check increased 3.9 percent, including an effective price increase of 2.3 percent.
The average weekly sales for Carrols’ legacy Burger King restaurants increased 9.7 percent to $24,763 from $22,578 in the same period last year. Average weekly sales for the acquired restaurants were $21,798 for the period operated by the company.