Carrols Restaurant Group, Inc. (TAST) – Buy

Once again, I added more to my position in Carrols Restaurant Group, Inc. (TAST) today at $10.79/share taking advantage of the continued price drop.

I more than doubled the amount of shares owned in Carrols with this buy. Carrol’s is now my 3rd largest holding.

I think at this level, it’s a great opportunity.

Carrols Restaurant Group, Inc. (TAST) – Buy

I added more to my position in Carrols Restaurant Group, Inc. (TAST) today at $10.94/share taking advantage of the continued pullback. Largest franchiser of Burger King restaurants. Adds efficiency to operations it acquires. Growing sales through acquisitions and comparable store sales. Increasing book value. However, short term profitability taking a hit due to increased labor, beef and promotions costs.

Here’s some comments from Motley Fool regarding Carrol’s.

I think at this level, it’s a great opportunity.