LEBANON Tenn. Cracker Barrel Old Country Store Inc. reported Tuesday an 8.5-percent increase in profit for the fourth quarter ended July 31, which company officials said was mainly the result of cost-cutting measures that offset continued sales weakness. Fiscal fourth-quarter earnings rose to $22.8 million, or 99 cents per share, from $21 million, or 93 cents per share, in the same quarter a year ago.The company said it improved operating margin via lower food cost inflation, effective ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Why Register?
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!