Cracker Barrel Guides FY23 Well Above Estimates; Declares Dividend - Update

RTTNews | 793 days ago
Stocktwits
Cracker Barrel Guides FY23 Well Above Estimates; Declares Dividend - Update

(RTTNews) - While reporting financial results for the second quarter on Tuesday, Cracker Barrel Old Country Store, Inc. (CBRL) said it anticipates revenue growth of 7 to 9 percent for the full-year 2023. On average, nine analysts polled by Thomson Reuters expect the company to report net sales growth of 4.5 percent to $3.64 billion for the quarter.

The Company announced that its Board of Directors declared a quarterly dividend of $1.30 per share on the Company's common stock, payable on May 9, 2023 to shareholders of record as of April 14, 2023.

For the fourth quarter, the company reported that comparable store restaurant sales increased 8.4%, while comparable store retail sales increased 4.1%.

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Tags: CBRL
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Cracker Barrel Boosts FY24 Revenue Outlook; Declares Dividend - Update

Cracker Barrel Boosts FY24 Revenue Outlook; Declares Dividend - Update

While reporting financial results for the second quarter on Tuesday, Cracker Barrel Old Country Store, Inc. (CBRL) raised its total revenue guidance for the full-year 2023 to be between $3.5 billion and $3.6 billion from the prior outlook between $3.4 billion and $3.5 billion.
RTTNews | 429 days ago
UK Market Ends Slightly Up

UK Market Ends Slightly Up

On a day in which most of the markets across Europe remained closed for Labor Day holiday, the UK market, where trading was on, ended marginally up on Thursday, extending its gains to a 13th straight session.
RTTNews | 2h 36min ago
Canadian Market Retreats After Recovering From Early Drop

Canadian Market Retreats After Recovering From Early Drop

The Canadian market is modestly higher around noon on Thursday with shares from energy and technology sectors posting strong gains. A sell-off in materials section is limiting market's upside. The mood in the market is quite cautious amid concerns about global economic growth.
RTTNews | 3h 17min ago
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