Cracker Barrel (CBRL) Tops Q1 EPS by 35c

Cracker Barrel (NASDAQ: CBRL) reported Q1 EPS of $0.69, $0.35 better than the analyst estimate of $0.34. Revenue for the quarter came in at $645 million versus the consensus estimate of $636.85 million.

Comparable store sales improved significantly compared to the fourth quarter, as comparable store restaurant sales decreased 16.4% in the first quarter compared to a decrease of 39.2% in the fourth quarter, and comparable store retail sales declined 8.1% in the first quarter compared to a decrease of 32.3% in the fourth quarter.

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

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