Carrols Corporation Schedule (2024)

FAQs

Who owns Carrols restaurant group? ›

Restaurant Brands International Inc

Carrols Restaurant Group / Parent organization

Restaurant Brands International

3G Capital

Restaurant Brands Internationa...

Burger King® Company Completes Acquisition of Carrols Restaurant Group. TORONTO, May 16, 2024 /CNW/ - Restaurant Brands International Inc.

Carrols is the largest Burger King® franchisee in the United States today, operating 1,022 Burger King restaurants in 23 states that generated approximately $1.8 billion of system sales during the twelve-months ended September 30, 2023. Carrols also owns and operates 60 Popeyes® restaurants in six states.

McDonald's Corporation (NYSE:MCD) is largely controlled by institutional shareholders who own 72% of the company. MCD.

A&W is the only major fast-food chain in the United States to be owned entirely by franchisees, since the 2011 sale from Yum! Brands to A Great American Brand, LLC., which is mostly under the control of the National A&W Franchisee Association (NAWFA).

Derby said last week, prior to Burger King's acquisition of the restaurant franchisee, that the brand is experiencing strong tailwinds from its Reclaim the Flame initiative.

The acquisition is a strategic component of RBI's Reclaim the Flame plan. At that time, Carrols president and CEO Deborah Derby said: “Today's announcement is a testament to our more than 24,000 Carrols team members who have helped drive the company to record levels of profitability over the past 12 months.

Restaurant Brands International is buying Carrols Restaurant Group , the largest Burger King franchisee in the U.S., for about $1 billion in cash. Restaurant Brands will pay $9.55 per share to acquire Carrols, which operates more than 1,000 Burger King restaurants and 60 Popeyes locations.

How many restaurants does Carrols own? ›

Carrols Corporation is headquartered in Syracuse, New York. Carrols owns and operates over 1,000 restaurants under the Burger King and Popeyes brands.