Carrols Restaurant Group, Inc. (NASDAQ:TAST) Q4 2022 Earnings Call Transcript

Tony Hull: I’m not sure the consumers that savvy to go from one restaurant to the next. But the one exception is if it’s a nationally advertised promotion, then we all have to be in sync with that national advertised number. So that you’ll see among different restaurants. But if we’re charging a different number for the mix and match, which is not nationally advertised, then one of our competitors I don’t think they’ll really see that. But Joe, I don’t if you have any further.

Joe Hoffman: Well, I would just add where those prices are higher. It’s done by DMA that the area, so all those restaurants in that particular market would be doing the same. So you wouldn’t necessarily see the difference in the market.

Joseph Farricielli: You may the DMA

Joe Hoffman: Yes. With a different franchisee, however, in most cases, the market would be doing the same thing.

Joseph Farricielli: Okay. Okay. Got it. Thank you for the time.

Tony Hull: Thanks.

Operator: Thank you. Ladies and gentlemen, we have reached the end of today’s question-and-answer session. I would like to turn the call back over to Mr. Tony Hull for closing remarks.

Tony Hull: Thank you again for joining us this morning and for your interest in Carrols. We appreciate your time and we look forward to speaking with you next quarter. Thank you.

Operator: Thank you. This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.