In this file:

 

·         Cracker Barrel profit and revenue top estimates

·         Cracker Barrel (CBRL) Q1 Earnings, Revenues Beat Estimates

 

 

Cracker Barrel profit and revenue top estimates

 

By Aisha Al-Muslim, MarketWatch

Nov 27, 2018

 

Cracker Barrel Old Country Store Inc. reported a fiscal first-quarter profit Tuesday of $47.2 million, or $1.96 a share, up from $46.4 million, or $1.92 a share, a year earlier. Analysts polled by Refinitiv were looking for $1.91 a share.

 

Total revenue rose 3.3% to $733.5 million, ahead of the consensus forecast of $719.3 million. The average menu price increased about 2% for the quarter.

 

Same-store restaurant sales grew 1.4%, beating the flat estimate by FactSet. Same-store retail sales increased 4.3%.

 

For fiscal 2019, the company raised its outlook for same-store retail sales growth of 1% to 2%, compared with its previous guidance of flat to 1%. The company also reiterated its total revenue guidance of about $3.04 billion and same-store restaurant sales of flat to 1%. The company continues...

 

more

https://www.marketwatch.com/story/cracker-barrel-profit-and-revenue-top-estimates-2018-11-27

 

 

Cracker Barrel (CBRL) Q1 Earnings, Revenues Beat Estimates

 

Zacks Equity Research

November 28, 2018

 

Cracker Barrel Old Country Store, Inc. (CBRL - Free Report) reported better-than-expected results for the first-quarter of fiscal 2019.

 

Adjusted earnings of $1.96 per share surpassed the Zacks Consensus Estimate of $1.91 by 2.6%. Earnings increased 2.1% year over year on marketing efforts and increased revenues.

 

Revenues of $733.5 million surpassed the consensus mark of $717 million by 2.3%. Moreover, revenues increased 3.3% from the prior-year quarter, driven by higher comparable store retail and restaurant sales.

 

Following the better-than-expected results, shares of Cracker Barrel jumped 4.7% on Nov 27. The company’s shares have rallied 17.1% in a year, outperforming the industry’s collective growth of 9.4%.

 

Comps Details ...

 

Operating Highlightss ...

 

Balance Sheets ...

 

Fiscal 2019 Guidances ...

 

more, including charts

https://www.zacks.com/stock/news/339844/cracker-barrel-cbrl-q1-earnings-revenues-beat-estimates