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May 6, 2014
07:04 EDTTASTCarrols Restaurant reports Q1 EPS (32c), consensus (26c)
Reports Q1 revenue $151.5M, one estimate $152.08M.The company said the higher net loss this quarter was mostly due to timing differences caused by legislative delays extending WOTC tax incentives in both years. Q1 comparable restaurant sales decreased 2.5% reflecting the widespread effect of severe winter weather compared to a 1.0% increase in the prior year period.
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