Syracuse, N.Y.-based Carrols Restaurant Group (CRG) expects the surging omicron variant to have likely hurt its Burger King sales in the last two weeks of the month.
Carrols owns 1,000 Burger King units.
According to Carrols CEO Dan Accordino, they believe the initial impact of the omicron variant began slowing sales trends in the last two weeks of December.
Previous to that, Carrols’ Burger King restaurants demonstrated strong sequential improvement in comparable restaurant sales, improving through the last three months of 2021.
Same-store sales of the company’s Burger King restaurants rose 7.4 percent in the quarter ended Dec. 31 after posting a 9.7 percent increase in November.
Despite the December slowdown, its same-store sales still increased 8.3 percent in the month.
Carrols operates nearly one in seven Burger King restaurants in the US, its results impact the brand.
Burger King had been struggling in the US, triggering management changes.
Most of Carrols’ Burger King units are in the Northeast, which is the hardest hit by the omicron variant.
Burger King sales were due largely through average check 12.1 percent growth, including menu price increases and fewer promotions. Traffic at the company’s restaurants dropped 4.2 percent.
Carrols also operates 65 Popeyes restaurants, whose fourth-quarter same-store sales increased 1 percent.


Nomura Shares Drop After Profit Miss Despite Strong Revenue Growth
U.S. Consumer Sentiment Hits Record Low as Iran Conflict Fuels Inflation Concerns
Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback
Araqchi Leads Iran’s Diplomatic Push as U.S. Talks and Oil Market Tensions Rise
Dollar Weakens Amid Middle East Tensions and Anticipated Central Bank Decisions
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns
Toyota Global Vehicle Sales Decline in March Amid RAV4 Transition and Middle East Slowdown
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion
Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast
U.S. Budget Airlines Seek $2.5 Billion Government Aid Amid Rising Jet Fuel Costs
Mercedes-Benz Faces Rising Competition in China but Rejects Price War Strategy
US Stock Futures Steady as Oil Prices Surge and Big Tech Earnings Loom
Iran Proposes Strait of Hormuz Reopening Deal Amid Stalled U.S. Talks
Organon Stock Surges After Reports of $13 Billion Buyout Bid by Sun Pharma
Gold Prices Edge Higher on Weak Dollar but Face Weekly Loss Amid Oil-Driven Inflation Fears
Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia 



