- Cracker Barrel Old Country Store, Inc. stock price today and history
Cracker Barrel Old Country Store, Inc. (CBRL) stock prices updated...
Please, Signup (Login) to subscribe or trade (demo)
Cracker Barrel Old Country Store, Inc. stock price
Cracker Barrel Old Country Store, Inc. latest news:
Cracker Barrel's stock set to rally after profit beat helps offset sales miss
Shares of Cracker Barrel Old Country Stores Inc. was indicated up over 2% in premarket trade Wednesday, after the restaurant and country store chain beat fiscal fourth-quarter profit expectations, offsetting a sales miss. Net income for the quarter to July 28 rose to $53.9 million, or $2.23 a share, from $51.0 million, or $2.12 a share, in the same period a year ago. The FactSet consensus for earnings per share was $2.17. Revenue fell 0.3% to $743.2 million, missing the FactSet consensus of $746.7 million. Same-store sales declined 1.7%, compared with the FactSet consensus of a 0.6% decline, while the average check increased 0.9%. Looking ahead, the company expects fiscal first-quarter EPS of $1.85 to $1.95 and fiscal 2018 EPS of $8.85 to $9.00, compared with the FactSet consensus for first-quarter EPS of $2.10 and for 2018 EPS of $8.89. "As we enter the new fiscal year, we anticipate the environment to remain challenged, yet are confident in our plans to invest in the long-term growth of the company," said Chief Executive Sandra Cochran. The stock has lost 9.4% over the past three months through Tuesday, while the S&P 500 has gained 2.3%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Craft Brew Alliance, Inc.BREW
Credit Acceptance CorporationCACC
Credit Suisse AGGLDI
Credit Suisse AgSLVO
Cresud S.A.C.I.F. y A.CRESY
Cross Country Healthcare, Inc.CCRN