AP NEWS

Cracker Barrel: Fiscal 1Q Earnings Snapshot

November 26, 2019 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBRL at https://www.zacks.com/ap/CBRL