LEBANON Tenn. Cracker Barrel Old Country Store Inc., the operator of 588 restaurants and gift shops, posted Tuesday a 9-percent drop in its fiscal 2009 second-quarter profit on slowed sales, but still beat Wall Street estimates, which sent its stock up 16.4 percent. The company also refined its forecast for the full fiscal year, which ends in July, to include nearly flat revenues that would reflect negative same-store sales, but maintained earnings guidance. Cracker Barrel said it ...
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!