Cracker Barrel (CBRL) Tops Q1 EPS by 7c

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Cracker Barrel Reports Results For First Quarter Fiscal 2018, Comparable Store Sales Outperformed The Casual Dining Industry, Earnings Exceeded Expectations

November 21, 2017 8:00 AM EST

LEBANON, Tenn., Nov. 21, 2017 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the first quarter of fiscal 2018 ended October 27, 2017.

First Quarter Fiscal 2018 Highlights

Earnings per diluted share were $1.92 compared to diluted EPS of $2.01 in the prior year quarter. The Company estimates that hurricanes Harvey and Irma reduced first quarter diluted EPS by approximately $0.07 and will reduce second quarter diluted EPS by approximately $0.03. Operating income margin was 10.0% of revenue, compared with prior year operating... More