LEBANON Tenn. Citing positive same-store sales for the first time in more than a year, Cracker Barrel Old Country Store Inc. said net income rose 40.5 percent for its first quarter ended Oct. 30. The Lebanon-based operator of family restaurants also credited its profit gain to a 16.7-percent improvement in operating income and lower interest expense.Cracker Barrel earned $18.0 million, or 78 cents per share, for the first quarter, compared with earnings of $12.8 million, or 57 cents a ...
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!