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Cracker Barrel Old Country Store, Inc. Q2 adjusted earnings Miss Estimates

Cracker Barrel Old Country Store, Inc. (CBRL) revealed a profit for second quarter that fell from last year.

The company's profit totaled $14.00 million, or $0.59 per share. This compares with $61.17 million, or $2.55 per share, in last year's second quarter.

Excluding items, Cracker Barrel Old Country Store, Inc. reported adjusted earnings of $16.65 million or $0.70 per share for the period.

Analysts had expected the company to earn $0.80 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 20.0% to $677.17 million from $846.14 million last year.

Cracker Barrel Old Country Store, Inc. earnings at a glance:

-Analysts Estimate: $0.80
-Revenue (Q2): $677.17 Mln vs. $846.14 Mln last year.

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