Reports Q1 revenue $845.1M, consensus $836.96M. Commenting on the Q1 results, Cracker Barrel (CBRL) President and CEO Julie Masino said, “We delivered Q1 results that were in line with our expectations. We are pleased that our comparable store sales and traffic results outperformed the Casual Dining industry, and we saw continued improvement in the dinner daypart. Our fiscal year is off to a strong start, and we are focused on sustaining this momentum and continuing to execute against our five strategic pillars. We remain confident in our plans, and this is reflected in our reaffirmed outlook.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBRL:
- CBRL Upcoming Earnings Report: What to Expect?
- Cracker Barrel shareholders support all 10 of recommended director nominees
- Biglari Capital issues statement regarding Cracker Barrel director nominees
- Cracker Barrel urges holders to back company’s director nominees
- Cracker Barrel upgraded to Buy from Hold at Argus
Questions or Comments about the article? Write to editor@tipranks.com