Cracker Barrel (CBRL) PT Raised to $135 at MKM Partners

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Cracker Barrel (CBRL) Tops Q4 EPS by 20c, Revenues Beat

September 15, 2020 8:08 AM EDT

Cracker Barrel (NASDAQ: CBRL) reported Q4 EPS of ($0.85), $0.20 better than the analyst estimate of ($1.05). Revenue for the quarter came in at $495.07 million versus the consensus estimate of $478.63 million.

Fourth Quarter Fiscal 2020 Highlights

Dining room service gradually returned during the first two months of the quarter, and by the end of June, substantially all dining rooms were open at varying levels of reduced capacity.Comparable store restaurant and retail sales both improved sequentially each month during the quarter. Comparable store restaurant sales decreased 39.2% and comparable store retail sales decreased 32.3% for the... More