Severe winter weather constrained traffic in the first quarter at Carrols Restaurant Group Inc., the nation’s largest Burger King franchisee, leading to a 2.5-percent decrease in same-store sales for the March 30-ended period. The company said its net loss widened to $7.4 million, compared with $5.2 million in the first quarter of 2013, due mostly to timing differences caused by legislative delays to extending the Work Opportunity Tax Credit incentives both years. Syracuse, N.Y.-based ...
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Contact: Desiree Torres Desiree.Torres@penton.com