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

RTTNews | 848 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 | 484 days ago
Singapore Bourse Called Rangebound Again On Thursday

Singapore Bourse Called Rangebound Again On Thursday

The Singapore stock market has climbed higher in two straight sessions, rising more than 45 points or 1.2 percent along the way. The Straits Times Index now sits just above the 3,925-point plateau, and it's expected to remain in that neighborhood again on Thursday.
RTTNews | 5 minutes ago
Little Movement Expected For Malaysia Stock Market

Little Movement Expected For Malaysia Stock Market

The Malaysia stock market bounced higher again on Wednesday, one day after snapping the two-day winning streak in which it had picked up almost a dozen points or 0.7 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,520-point plateau and it figures to remain rangebound again on Thursday.
RTTNews | 35 minutes ago
Japan Stock Market May Run Out Of Steam On Thursday

Japan Stock Market May Run Out Of Steam On Thursday

The Japan stock market has moved higher in back-to-back sessions, collecting almost 600 points or 1.5 percent along the way. The Nikkei 225 now sits just above the 38,940-point plateau although the rally may stall on Thursday.
RTTNews | 50 minutes ago
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