Cracker Barrel (CBRL) Tops Q2 EPS by 1c

Cracker Barrel (NASDAQ: CBRL) reported Q2 EPS of $1.91, $0.01 better than the analyst estimate of $1.90. Revenue for the quarter came in at $764 million versus the consensus estimate of $766.71 million.

Comparable store restaurant sales increased 0.6%, as a 3.4% increase in average check was partially offset by a 2.8% reduction in traffic.

GUIDANCE:

Cracker Barrel sees FY2016 EPS of $7.40-$7.50, versus the consensus of $7.39. Cracker Barrel sees FY2016 revenue of $2.90-2.95 billion, versus the consensus of $2.93 billion.

For earnings history and earnings-related data on Cracker Barrel (CBRL) click here.

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