Reported 1 day ago
Cracker Barrel Old Country Store, Inc. announced its Q3 adjusted earnings per share at 58 cents, surpassing expectations, despite quarterly sales of $821.1 million falling slightly short of the consensus estimate. Restaurant sales made up 82.7% of total revenue, with a 1.0% year-over-year increase in comparable restaurant sales. The company raised its adjusted EBITDA outlook for the fiscal year 2025 from $210 million-$220 million to $215 million-$225 million, while also affirming its total revenue guidance of $3.45 billion-$3.50 billion.
Source: YAHOO