Longbow Research Downgrades Cracker Barrel (CBRL) to Neutral Citing Risks To Comps Growth

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Go back to Longbow Research Downgrades Cracker Barrel (CBRL) to Neutral Citing Risks To Comps Growth

Cracker Barrel (CBRL) Tops Q1 EPS by 7c

November 21, 2017 8:02 AM EST

Cracker Barrel (NASDAQ: CBRL) reported Q1 EPS of $1.92, $0.07 better than the analyst estimate of $1.85. Revenue for the quarter came in at $710.4 million versus the consensus estimate of $717.76 million. 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.

Comparable restaurant sales of 0.2% and... More