Cracker Barrel (CBRL) Misses Q1 EPS, Revenue Beats
Cracker Barrel (NASDAQ: CBRL) reported Q1 EPS of $0.99, $0.21 worse than the analyst estimate of $1.20. Revenue for the quarter came in at $839.5 million versus the consensus estimate of $835.7 million.
GUIDANCE:
- Total revenue growth of 6% to 8% compared to the prior fiscal year;
- Commodity inflation of 8% to 9%, with sequential moderation each quarter;
- Wage inflation of 5% to 6%;
- GAAP operating income margin rate in the low 4% range and adjusted operating income margin rate in the high 4% range.
For earnings history and earnings-related data on Cracker Barrel (CBRL) click here.
