Cracker Barrel (CBRL) Tops Q2 EPS by 5c; Reaffirms
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Cracker Barrel Reports Results for Second Quarter Fiscal 2017 and Reaffirms Earnings Guidance for Fiscal 2017
February 21, 2017 8:30 AM ESTLEBANON, Tenn., Feb. 21, 2017 /PRNewswire/ --Â Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq:Â CBRL) today reported its financial results for the second quarter of fiscal 2017 ended January 27, 2017.
Second Quarter Fiscal 2017 Highlights
Compared to the prior year second quarter, comparable store restaurant sales increased 0.6%, marking the Company's eleventh consecutive quarter of positive comparable store restaurant sales. Operating income as a percent of total revenue increased 150 basis points, over the prior year quarter, to 10.7%. Earnings per diluted share were $2.19, compared to GAAP... More