Cracker Barrel (CBRL) Declares $3.50 Special Dividend; 2.2% Yield

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Go back to Cracker Barrel (CBRL) Declares $3.50 Special Dividend; 2.2% Yield

Cracker Barrel Reports Results for Third Quarter Fiscal 2017, Raises Full-Year Earnings Guidance, Increases Quarterly Dividend and Declares Special Dividend

May 23, 2017 8:01 AM EDT

LEBANON, Tenn., May 23, 2017 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the third quarter of fiscal 2017 ended April 28, 2017.

Third Quarter Fiscal 2017 Highlights

Operating income margin as a percent of total revenue increased 60 basis points over the prior year quarter to 10.2%. Earnings per diluted share were $1.95, compared to GAAP earnings per diluted share of $2.04 in the prior year quarter. Adjusted for the impact of the reduction of provisions for uncertain tax positions, earnings per diluted... More