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Stock impact report

Cracker Barrel posts strong full-year guidance [Seeking Alpha]

Cracker Barrel Old Country Store, Inc. (CBRL) 
Last cracker barrel old country store, inc. earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cbrlgroup.com/investor-relations
Company Research Source: Seeking Alpha
Cracker Barrel posts strong full-year guidanceCracker Barrel (NASDAQ:CBRL) is on watch after setting full-year profit guidance higher than expectations.The restaurant company expects EPS of $9.30 to $9.50 for the fiscal year vs. $9.11 consensus. Guidance for full-year revenue is set at $3.1B vs. $3.05B consensus.During FQ2, Cracker Barrel reported a 1.1% increase in comparable sales.CEO update: "I am pleased that we delivered positive comparable store sales in both restaurant and retail, improved upon our first quarter sales results, and outperformed the casual dining industry. Our second quarter operating income margin was pressured by several factors such as expenses related to our initiatives and increased commodity inflation. Our teams continue to make meaningful progress on key business initiatives as we set the foundation for future growth."Previously:Cracker Barrel beats by $0.42, revenue in-line(Feb. 20)See all stocks on the move »Now read:With Qdoba Sold And Jana Partners Eng Show less Read more
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