LEBANON Tenn. CBRL Group Inc., operator of the 577-unit Cracker Barrel Old Country Store chain, on Tuesday reduced its full-year profit and revenue guidance and said June same-store sales were below company expectations. Citing “continuing negative pressures on consumers” for its softened results, CBRL lowered by about 8 percent its annual earnings per share expectations to between $2.77 and $2.87. The company's previous guidance, which was released in May, predicted per-share profit ...

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 NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.