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Cracker Barrel Old Country Store's Fiscal Q3 Adjusted Earnings, Revenue Fall; 2024 Revenue Guidance Updated
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Cracker Barrel Old Country Store's Fiscal Q3 Adjusted Earnings, Revenue Fall; 2024 Revenue Guidance Updated
May 30, 2024 6:04 AM

08:39 AM EDT, 05/30/2024 (MT Newswires) -- Cracker Barrel Old Country Store ( CBRL ) reported fiscal Q3 adjusted earnings Thursday of $0.88 per diluted share, down from $1.11 a year earlier.

Analysts polled by Capital IQ expected $0.53.

Revenue for the quarter ended April 26 was $817.1 million, compared with $832.7 million a year earlier.

Analysts surveyed by Capital IQ expected $820.6 million.

For fiscal 2024, the company said it expects revenue of $3.47 billion to $3.51 billion, compared with its prior guidance of between $3.50 billion and $3.60 billion. Analysts polled by Capital IQ expect $3.47 billion.

Price: 45.46, Change: +0.10, Percent Change: +0.22

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