Cracker Barrel: Fiscal 1Q Earnings Snapshot
LEBANON, Tenn. (AP) _ Cracker Barrel Old Country Store Inc. (CBRL) on Tuesday reported fiscal first-quarter net income of $47.2 million.
The Lebanon, Tennessee-based company said it had net income of $1.96 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.91 per share.
The restaurant operator posted revenue of $733.5 million in the period.
Cracker Barrel shares have climbed 10 percent since the beginning of the year.