Cracker Barrel (CBRL) Tops Q3 EPS by 2c; Boosts FY16 EPS Outlook
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Cracker Barrel Reports Results For Third Quarter Fiscal 2016, Raises Full-Year Earnings Guidance, Increases Quarterly Dividend And Declares Special Dividend
June 1, 2016 8:01 AM EDTLEBANON, Tenn., June 1, 2016 /PRNewswire/ --Â Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported financial results for the third quarter of fiscal 2016 ended April 29, 2016.
Third Quarter Fiscal 2016 Highlights
Compared to the prior year third quarter, comparable store restaurant sales increased 2.3% and comparable store retail sales increased 2.2%. Operating income was 9.6% of total revenue, compared to GAAP operating income of 8.1% in the prior year quarter, or 8.2% in the prior year quarter when adjusted to exclude the impact of a... More