Market Overview

Cracker Barrel Posts Better-Than-Expected Q3 Results


Cracker Barrel Old Country Store (NASDAQ: CBRL) reported quarterly earnings of $2.09 per share, which beat the analyst consensus estimate of $2.07. This is a 2.96-percent increase over earnings of $2.03 per share from the same period last year.

Cracker Barrel reported quarterly sales of $739.603 million, which beat the analyst consensus estimate of $734.99 million. This is a 2.52-percent increase over sales of $721.413 million the same period last year

Cracker Barrel's board increased regular quarterly dividend to $1.30 per share, declaring a special dividend of $3 per share, and also authorized share repurchases of up to $50 million.

"I am pleased that we again delivered positive comparable store restaurant sales growth and outperformed the casual dining industry. Our teams continued to make progress on key initiatives, and I am encouraged by our performance, in particular with the early results of our new Signature Fried Chicken initiative," said CEO Sandra B. Cochran.

Cracker Barrel's stock closed Monday at $161.05 per share.

Posted-In: Earnings News Dividends Buybacks


Related Articles (CBRL)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Proteostasis Therapeutics Rallies After Cystic Fibrosis Drug Is Granted Orphan Designation

Investors Receive Latest Comments From China's Ministry Of Commerce As Favorable