Carrols Restaurant Group, Inc. (NASDAQ:TAST) Q1 2022 Earnings Conference Call May 12, 2022 8:00 AM ET

Company Participants

Gretta Miles - Controller

Paulo Pena - CEO, President & Director

Anthony Hull - VP, CFO & Treasurer

Conference Call Participants

Jack Corrigan - Truist Securities

William Reuter - Bank of America Merrill Lynch

Jeremy Hamblin - Craig-Hallum

Oliver Grossman - Jefferies

Carla Casella - JPMorgan Chase & Co.

Operator

Welcome to Carrols Restaurant Group, Inc.'s First Quarter 2022 Earnings Conference Call. [Operator Instructions]. I would like to remind everyone that this conference call is being recorded today, Thursday, May 12, 2022, at 8:00 a.m. Eastern time and will be available for replay.

I will now turn the conference over to Gretta Miles, Carrols' Controller. Please go ahead.

Gretta Miles

Thank you, operator, and good morning, everyone. By now, you should have access to our earnings announcement released earlier this morning and our earnings presentation that are both available on our website at www.carrols.com under the Investor Relations section.

Before we begin our remarks, I would like to remind everyone that our discussion, including answers to questions posed to management, may include forward-looking statements or comments with respect to our strategies, intentions or plans and the future direction of revenues, input costs or other aspects pertaining to our business. These statements are not guarantees of future performance, and therefore, undue reliance should not be placed on them. We also refer you to our filings with the SEC for more details, both with respect to forward-looking statements as well as risks that could impact our business and results, including, among other things, the impact of COVID-19.

During today's call, we will discuss certain non-GAAP measures that we believe can be useful in evaluating our performance. The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with generally accepted accounting principles, and a reconciliation to comparable GAAP measures is available with our earnings release.

With that, I will now turn the call over to our new President and CEO, Paulo Pena. Paulo?

Paulo Pena

Thanks, Gretta. Good morning, everyone. I'm excited to be speaking with you this morning on my first call as Carrols' new President and CEO. I'll be leading a proud company through some challenging times, and I very much appreciate the confidence the Board has placed in me to lead this company.