Cracker Barrel Guides Q4 Sales Growth Below Estimates; Declares Dividend - Update

RTTNews | 931 dias atrás
Cracker Barrel Guides Q4 Sales Growth Below Estimates; Declares Dividend - Update

(RTTNews) - 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.

On average, nine analysts polled by Thomson Reuters expect the company to report net sales growth of 6.9 percent to $888.09 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 August 8, 2023 to shareholders of record as of July 21, 2023.

For the third quarter, the company reported that comparable store restaurant sales increased 7.4%, while comparable store retail sales increased 4.6%.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Etiquetas: CBRL
read more
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 | 665 dias atrás
Cracker Barrel Guides FY23 Well Above Estimates; Declares Dividend - Update

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.
RTTNews | 1029 dias atrás
Canadian Stocks Turning In Mixed Performance

Canadian Stocks Turning In Mixed Performance

Canadian stocks are turning in a mixed performance on Tuesday with investors digesting the nation's GDP data and a slew of economic reports from the U.S. With truncated sessions and holidays ahead, the mood in the market remains a bit subdued and the volume of business is rather thin.
RTTNews | 1 h 6 min atrás
U.S. Consumer Confidence Deteriorates For Fifth Straight Month In December

U.S. Consumer Confidence Deteriorates For Fifth Straight Month In December

Consumer confidence in the U.S. deteriorated for the fifth consecutive month in December, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index slid to 89.1 in December from an upwardly revised 92.9 in November.
RTTNews | 3 h 2 min atrás
U.S. Industrial Production Rises 0.2% In November, Slightly More Than Expected

U.S. Industrial Production Rises 0.2% In November, Slightly More Than Expected

A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased by slightly more than expected in the month of November. The Fed said industrial production rose by 0.2 percent in November after edging down by 0.1 percent in October. Economists had expected industrial production to inch up by 0.1 percent.
RTTNews | 3 h 6 min atrás