Cracker Barrel (CBRL) Misses Q4 EPS by 1c; Issues Light EPS Guidance

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Go back to Cracker Barrel (CBRL) Misses Q4 EPS by 1c; Issues Light EPS Guidance

Cracker Barrel Reports Fourth Quarter And Full Year Fiscal 2016 Results And Provides Guidance For Fiscal 2017

September 14, 2016 8:01 AM EDT

LEBANON, Tenn., Sept. 14, 2016 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the fourth quarter and for the fiscal year ended July 29, 2016. The Company also provided guidance for its 2017 fiscal year and first quarter:

Fourth Quarter Fiscal 2016 Highlights

Compared to the prior year fourth quarter, comparable store restaurant sales increased 3.2%, marking the Company's largest quarterly outperformance relative to the casual dining industry in fiscal 2016; comparable store retail sales increased 3.5%. Operating income as a percent of total revenue... More