Cracker Barrel (CBRL) Tops Q4 EPS by 11c; Comps Rose 3.8%
Cracker Barrel (NASDAQ: CBRL) reported Q4 EPS of $1.97, $0.11 better than the analyst estimate of $1.86. Revenue for the quarter came in at $719.2 million versus the consensus estimate of $724.29 million.
Comps rose 3.8 percent, with consensus estimates looking for a 4.2 percent gain.
The company sees FY15 EPS of $7.15 - $7.30, with estimates at $7.24. CBRL also sees revenue of $2.90 - $2.95 billion, versus $2.95 billion expected on the Street. The increased revenue projection for fiscal 2016 reflects the expected opening of seven or eight new Cracker Barrel stores, and projected increases in comparable store restaurant sales in a range of 2.5% to 3.5%, and comparable store retail sales in a range of 2.0% to 3.0
For earnings history and earnings-related data on Cracker Barrel (CBRL) click here.
