Cracker Barrel Old Country Store Inc
- Cracker Barrel Old Country Store, Inc decreased 2.5% to $94.93 after the reported quarterly results that missed some investors' expectations.
Revenue in the fiscal third quarter ending in April increased 5.4% to $832.7 million, and comparable store restaurant sales increased 7.4% while comparable store retail sales fell 4.6%.
Net income declined to $14.0 million from $27.5 million and diluted earnings per share fell to 63 cents from $1.19 a year ago.
The company estimated fiscal fourth quarter revenue to increase between 1% and 3% and capital expenditure between $30 million and $35 million.
In the quarter, the restaurant company plans to open one new Cracker Barrel restaurant and five to seven new Maple Street Biscuit Company restaurants.
The company also estimated flat commodity inflation in the quarter and wage inflation of approximately 5% compared to a year ago.
GAAP operating income margin rate of 4.1% to 5.1% and adjusted operating income margin rate of 4.5% to 5.5%.
Jun 6, 2023 - Cracker Barrel Old Country Store, Inc said revenue in the fiscal second quarter ending on January 27 increased 8.3% to $933.9 million from a year ago. Comparable store restaurant sales increased 8.4% and retail store sales rose 4.1%.
Net income decreased 19% to $30.5 million from $37.6 million and diluted earnings per share fell to $1.37 from $1.60 in the previous year. The restaurant chain announced a quarterly dividend of $1.30 per share payable on May 9 to shareholders of record as of April 14.
Feb 28, 2023
| Year | Oct | Jan | May | Aug | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 1.37 | 0.63 | 1.68 | 0.25 | 4.45 | |
| 2022 | 1.6 | 1.19 | 1.47 | 0.77 | 5.67 | |
| 2021 | 0.59 | 1.41 | 1.53 | 1.41 | 10.71 | |
| 2020 | 2.55 | -6.81 | 1.11 | 7.18 | -1.36 | |
| 2019 | 2.52 | 2.09 | 2.7 | 1.79 | 9.27 | |
| 2018 | 3.79 | 2.03 | 2.55 | 1.96 | 10.29 | |
| 2017 | 2.19 | 1.95 | 2.23 | 1.92 | 8.29 | |
| 2016 | 1.91 | 1.82 | 2.12 | 2.01 | 7.86 | |
| 2015 | 1.93 | 1.49 | 1.97 | 1.70 | 7.09 | |
| 2014 | 1.42 | 1.55 | 1.20 | 1.62 | 5.51 | |
| 2013 | 1.14 | 1.47 | 1.02 | 1.44 | 4.9 | |
| 2012 | 0.97 | 1.10 | 0.81 | 1.46 | 4.4 | |
| 2011 | 1.03 | 1.20 | 0.64 | 0.76 | 3.61 | |
| 2010 | 1.01 | 1.09 | 0.61 | 1.14 | 3.62 | |
| 2009 | 0.78 | 0.81 | 0.52 | 0.99 | 2.89 | |
| 2008 | 0.57 | 0.85 | 0.46 | 0.92 | 2.8 | |
| 2007 | 0.57 | 2.88 | 0.45 | 1.33 | 5.23 | |
| 2006 | 0.57 | 0.61 | 0.47 | 0.91 | 2.5 | |
| 2005 | 0.51 | 0.63 | 0.52 | 0.73 | 2.45 |