Cracker Barrel (CBRL) Reports Q2 EPS of $2.55, Offers Guidance

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Cracker Barrel Reports Second Quarter Fiscal 2020 Results And Updates Guidance

February 25, 2020 8:01 AM EST

LEBANON, Tenn., Feb. 25, 2020 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the second quarter ended January 31, 2020.

Second Quarter Fiscal 2020 Highlights

Comparable store restaurant sales growth of 3.8% and traffic of -0.2% outperformed the casual dining industry. Comparable store retail sales increased 1.3%.Operating income was $79.1 million, a 3.2% increase compared to the prior year.GAAP earnings per diluted share were $2.55, which includes an unfavorable impact to earnings per diluted share for the quarter... More