LEBANON Tenn. Cracker Barrel Old Country Store reported a 38-percent jump in second-quarter net income as lower costs helped offset slight sales declines. For the quarter ended Jan. 29, the company posted net income of $25.4 million, or $1.09 per share, compared with year-ago profit of $18.4 million, or 81 cents per share. Latest quarter revenue was virtually flat at $632.6 million. Same-store restaurant sales dipped 0.2 percent, which Cracker Barrel attributed to severe winter weather. ...
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Contact: Desiree Torres Desiree.Torres@penton.com