27.02.2024 14:04:54 - dpa-AFX: Cracker Barrel Old Country Store, Inc. Q2 Profit Decreases, but beats estimates
WASHINGTON (dpa-AFX) - Cracker Barrel Old Country Store, Inc. (CBRL)
announced earnings for second quarter that decreased from last year but beat
the Street estimates.
The company's bottom line came in at $26.53 million, or $1.19 per share. This
compares with $30.49 million, or $1.37 per share, in last year's second quarter.
Excluding items, Cracker Barrel Old Country Store, Inc. reported adjusted
earnings of $30.50 million or $1.37 per share for the period.
Analysts on average had expected the company to earn $1.36 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 0.2% to $935.40 million from $933.87
million last year.
Cracker Barrel Old Country Store, Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $26.53 Mln. vs. $30.49 Mln. last year.
-EPS (Q2): $1.19 vs. $1.37 last year.
-Analyst Estimates: $1.36
-Revenue (Q2): $935.40 Mln vs. $933.87 Mln last year.
-Guidance:
Full year revenue guidance: $3.5 - $3.6 Bln
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