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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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBRL at https://www.zacks.com/ap/CBRL