Cracker Barrel Beats Estimates with Q4 Revenue of $849.3 Million
1 report, 1 independent
Updated Wed 00:00
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What happened
Cracker Barrel Old Country Store Inc. reported fiscal fourth-quarter earnings of $12.2 million, which translated to a profit of 54 cents per share. The company also posted revenue of $849.3 million for the quarter, exceeding the average analyst estimate of $831.1 million. For the full year, the company reported a profit of $31.7 million, or $1.40 per share, on revenue of $3.32 billion.
From greenevillesun.com
Why it matters
The company's performance surpassed Wall Street expectations for the quarter. Cracker Barrel is currently guiding investors for full-year revenue between $3.33 billion and $3.4 billion.
Cracker Barrel operates as a restaurant chain in the United States.
From greenevillesun.com
Who's involved
- Cracker BarrelAmerican restaurant chain based in Lebanon, Tennessee
- Bloomin' BrandsParent company of Cracker Barrel