Cracker Barrel Old Country Store (CBRL) fell almost 2% on May 25 despite the company's announcement of strong fiscal third quarter results. The company engages in the operation and development of restaurant and retail outlets in the United States. The company’s total revenues of $713.4 million surpassed the Street’s estimates of $659.5 million and jumped 65% from the year-ago period. The increase was attributed to improvements in both restaurant and retail comparable store sales. Adjusted earnings came in at $1.51 per share, beating the consensus estimate of $0.26 per share. Cracker Barrel CEO Sandra B.
https://www.tipranks.com/news/cracker-barrel-posts-upbeat-q3-results-shares-drop-2
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