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Cracker Barrel: Q1 Earnings Insights

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Benzinga Insights
·1 min read
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Shares of Cracker Barrel Old (NASDAQ:CBRL) fell 0.5% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 87.89% year over year to $0.23, which missed the estimate of $0.35.

Revenue of $646,454,000 declined by 13.70% year over year, which beat the estimate of $637,230,000.

Looking Ahead

Cracker Barrel Old hasn't issued any earnings guidance for the time being.

Cracker Barrel Old hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Dec 03, 2020

View more earnings on CBRL

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/amf4htep

Price Action

Company's 52-week high was at $170.10

Company's 52-week low was at $53.61

Price action over last quarter: Up 13.36%

Company Profile

Cracker Barrel Old Country Store Inc operates hundreds of full-service restaurants throughout the United States. Its restaurants are open for breakfast, lunch, and dinner, with menus that offer home-style country food. Cracker Barrel's biggest input costs are beef, dairy, fruits and vegetables, pork, and poultry. The company purchases its food products from a few different vendors on a cost-plus basis. All restaurants are located in freestanding buildings and include gift shops, which contribute roughly one fourth of total company revenue. Apparel and accessories are the company's biggest revenue generators in the retail segment of the business.

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