Cracker Barrel (CBRL) Raises Quarterly Dividend 4.3% to $1.20; 3% Yield

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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

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