LEBANON Tenn. CBRL Group Inc., parent of the 581-unit Cracker Barrel Old Country Store chain, reported a nearly 8-percent drop in first-quarter profit against rising costs and falling sales, a trend the company said it expects to continue through its fiscal 2009. CBRL expanded downward its earnings forecast for the year, which ends in July, and reversed earlier projections for increased same-store sales. CBRL said it now expects per-share earnings of between $2.65 and $3.00, compared ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?