Argus Downgrades Cracker Barrel (CBRL) to Hold

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Cracker Barrel Reports Results for First Quarter Fiscal 2016

November 24, 2015 8:00 AM EST

Diluted Earnings per Share Increased 20% over EPS in the Prior Year Quarter

Company Reaffirms Full Year Earnings Guidance

LEBANON, Tenn.--(BUSINESS WIRE)-- Cracker Barrel Old Country Store, Inc. (Cracker Barrel or the Company) (Nasdaq: CBRL) today reported financial results for the first quarter of fiscal 2016 ended October 30, 2015.

First Quarter Fiscal 2016 Highlights

Compared to the prior year first quarter, comparable store restaurant sales increased 2.5% and comparable store retail sales increased 2.4%.... More