Cracker Barrel: Fiscal 1Q Earnings Snapshot
LEBANON, Tenn. (AP) _ Cracker Barrel Old Country Store Inc. (CBRL) on Tuesday reported fiscal first-quarter net income of $43.2 million.
On a per-share basis, the Lebanon, Tennessee-based company said it had net income of $1.79. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were $2.15 per share.
The restaurant operator posted revenue of $749 million in the period.
Cracker Barrel expects full-year earnings to be $8.50 to $8.65 per share, with revenue in the range of $3.15 billion to $3.2 billion.
Cracker Barrel shares have decreased 1.5% since the beginning of the year.