Cracker Barrel (CBRL) Tops Q1 EPS by 35c

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Cracker Barrel Reports First Quarter Fiscal 2021 Results

December 3, 2020 8:00 AM EST

LEBANON, Tenn., Dec. 3, 2020 /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 2021 ended October 30, 2020.

First Quarter Fiscal 2021 Highlights

Comparable store sales improved significantly compared to the fourth quarter, as comparable store restaurant sales decreased 16.4% in the first quarter compared to a decrease of 39.2% in the fourth quarter, and comparable store retail sales declined 8.1% in the first quarter compared to a decrease of 32.3% in the fourth quarter. Comparable store off-premise sales grew 122% over the prior... More