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Cracker Barrel earnings and revenue beat [MarketWatch]

CRACKER BARREL OLD (CBRL)  More Company Research Source: MarketWatch
Last cracker barrel old earnings: 5/22 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cbrlgroup.com/investor-relations
PDF Cracker Barrel earnings and revenue beat Cracker Barrel Old Country Store Inc. CBRL, -5.36% reported fiscal second-quarter net income of $91.1 million, or $3.79 per share including a benefit $1.63 after the tax overhaul, up from $52.7 million, or $2.19 per share, for the same period last year. Adjusted EPS was $2.73. Revenue was $787.8 million, up from $772.7 million last year. The FactSet consensus was for EPS of $2.25 and revenue of $787.0 million. Same-restaurant sales fell 0.9% for the quarter and average check rose 2%. Same-store sales rose by 0.5%. The FactSet consensus was for same-restaurant sales growth of 1.7% and a same-retail sales decline of 1.3%. Cracker Barrel now expects fiscal 2018 EPS between $10.35 and $10.55 driven primarily by the tax law changes, and adjusted EPS between $9.30 and $9.50. Revenue is expected to be $3.1 billion. Same-restaurant sales are expected to grow 1% to 2%, and same-retail sales are expected to be flat. The FactSet consensus is for EPS of [Read more]

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