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0 0.00188481675392677 -0.000104712041884722 -0.00076788830715522 -0.00411867364746948 -0.0067364746945899 -0.00551483420593363 -0.00732984293193705
Stock impact report

Heller: Cracker Barrel Outlook Bears Watching [TheStreet.com]

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: TheStreet.com
Jonathan Heller is checking in on one of his favorite restaurant chains, Cracker Barrel Old Country Store(CBRLGet Cracker Barrel Old Country Store, Inc. Report“The markets, while not exactly amused, were somewhat forgiving as shares fell just under 3%,”Heller wrote on Real Money after the resultsAdditionally, restaurant same-store sales fell 6.8% versus the same quarter in 2019 -- 2020 comps are not meaningful due to COVID -- while retail store sales rose a solid 18.2% and represented a not-inconsequential 21% of revenue. "Off-premise" restaurant sales rose nearly 109% and were nearly 19% of total restaurant revenue.“Perhaps Cracker Barrel's decision to increase the quarterly dividend 30% to $1.30 a share, which equates to a 3.85% yield, helped appease investors,” Heller noted. “However, that increase does not tell the whole story. Like many companies, CBRL stopped paying a dividend during COVID before reinstating it at $1.00 in late May. Raising the dividend back to $1.30, where it w Show less Read more
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