Cracker Barrel Reports Third Quarter Fiscal 2021 Results
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Cracker Barrel (CBRL) Tops Q3 EPS by $1.24, Revenues Beat
May 25, 2021 8:03 AM EDTCracker Barrel (NASDAQ: CBRL) reported Q3 EPS of $1.51, $1.24 better than the analyst estimate of $0.27. Revenue for the quarter came in at $713.42 million versus the consensus estimate of $659.52 million.
Third Quarter Fiscal 2021 Highlights
The Company continued its sales recovery during the third quarter with both restaurant and retail comparable store sales improvements compared to the second quarter. Driven by the reopening of dining rooms and strategic sales initiatives, the Company further rebuilt its sales volumes.Versus the third quarter of fiscal 20191, comparable store restaurant sales decreased 8.6% and comparable store retail sales increased... More