logo
  

Cracker Barrel Old Country Store, Inc. Q1 Profit Decreases, misses estimates

Cracker Barrel Old Country Store, Inc. (CBRL) revealed earnings for first quarter that decreased from last year and missed the Street estimates.

The company's earnings came in at $17.13 million, or $0.77 per share. This compares with $33.38 million, or $1.41 per share, in last year's first quarter.

Excluding items, Cracker Barrel Old Country Store, Inc. reported adjusted earnings of $22.01 million or $0.99 per share for the period.

Analysts on average had expected the company to earn $1.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.0% to $839.52 million from $784.93 million last year.

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

-Earnings (Q1): $17.13 Mln. vs. $33.38 Mln. last year.
-EPS (Q1): $0.77 vs. $1.41 last year.
-Analyst Estimates: $1.22
-Revenue (Q1): $839.52 Mln vs. $784.93 Mln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT