Cracker Barrel: Fiscal Q4 Earnings Snapshot

LEBANON, Tenn. (AP) — LEBANON, Tenn. (AP) — Cracker Barrel Old Country Store Inc. (CBRL) on Wednesday reported fiscal fourth-quarter earnings of $12.2 million.

On a per-share basis, the Lebanon, Tennessee-based company said it had profit of 54 cents. Earnings, adjusted for one-time gains and costs, were 99 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

The restaurant operator posted revenue of $849.3 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $831.1 million.

For the year, the company reported profit of $31.7 million, or $1.40 per share. Revenue was reported as $3.32 billion.

Cracker Barrel expects full-year revenue in the range of $3.33 billion to $3.4 billion.

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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