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Cracker Barrel Guides Q1 Revenues In Line With Estimates; Declares Dividend - Update
(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, Cracker Barrel Old Country Store, Inc. (CBRL) said it anticipates total revenues between $800 million and $850 million for the first quarter.
On average, five analysts polled by Thomson Reuters expect the company to report revenues of $848.54 million 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 November 7, 2023 to shareholders of record as of October 20, 2023.
For the fourth quarter, the company reported that comparable store restaurant sales increased 6.3%, while comparable store retail sales edged down 0.4%.
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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.
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Cracker Barrel Appoints Julie Felss Masino To Succeed Sandra Cochran As President And CEO
The Board of Directors of Cracker Barrel Old Country Store, Inc. (CBRL) announced Tuesday that Julie Felss Masino will succeed Sandra Cochran as the Company's next President and Chief Executive Officer.
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Cracker Barrel Guides Q4 Sales Growth Below Estimates; Declares Dividend - Update
While reporting financial results for the third quarter on Tuesday, Cracker Barrel Old Country Store, Inc. (CBRL) said it anticipates revenue growth of 1 to 3 percent for the fourth quarter.
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Cracker Barrel Guides FY23 Well Above Estimates; Declares Dividend - Update
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.
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Cracker Barrel Old Country Store Adds New Flavors This Fall; Expands Shareables Menu
Cracker Barrel Old Country Store, Inc. (CBRL) announced Tuesday it is introducing new flavors this fall and expanding its shareables menu to offer even more variety, all at a compelling value.
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Eurozone Retail Sales Recover In June
Euro area retail sales rebounded in June suggesting that household spending likely supported economic growth in the second quarter, official data revealed on Wednesday. Retail sales grew 0.3 percent on a monthly basis in June, offsetting May's 0.3 percent decline, Eurostat said. However, this was marginally weaker than economists' forecast for a 0.4 percent increase.
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Euro Rises As European Shares Traded Higher
The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher despite weak factory orders data from Germany and fresh tariff threats from U.S. President Donald Trump on pharma and chips. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
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Disney Lifts FY25 EPS View After Q3 Profit Beats Market; ESPN In Deal With WWE, NFL
Media and entertainment major Walt Disney Co. (DIS) on Wednesday raised fiscal 2025 outlook for earnings.above the Street after reporting significantly higher profit in its third quarter, above market estimates. Meanwhile, revenues missed the market view, despite reporting a growth. Separately, Disney announced that its unit ESPN has signed a landmark rights agreement with WWE.
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