financetom
Business
financetom
/
Business
/
Cracker Barrel's Fiscal Q1 Adjusted Earnings, Revenue Rise; Fiscal 2025 Revenue Guidance Reaffirmed
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cracker Barrel's Fiscal Q1 Adjusted Earnings, Revenue Rise; Fiscal 2025 Revenue Guidance Reaffirmed
Dec 4, 2024 5:54 AM

08:28 AM EST, 12/04/2024 (MT Newswires) -- Cracker Barrel Old Country Store ( CBRL ) reported fiscal Q1 adjusted earnings Wednesday of $0.45 per diluted share, up from $0.40 a year earlier.

Analysts polled by FactSet expected $0.37.

Total revenue for the quarter ended Nov. 1 was $845.1 million, up from $823.8 million a year earlier.

Analysts surveyed by FactSet expected $833.2 million.

For fiscal 2025, the company said it continues to expect total revenue in the range of $3.4 billion to $3.5 billion. Analysts polled by FactSet expect $3.45 billion.

Cracker Barrel's board maintained the company's quarterly dividend at $0.25 per share, payable Feb. 12 to shareholders of record as of Jan. 17.

Shares of the company were up 1.8% in recent Wednesday premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Almonty Industries Raises $1.5 Million After Closing Unit Offering
Almonty Industries Raises $1.5 Million After Closing Unit Offering
Mar 25, 2024
07:37 AM EDT, 03/25/2024 (MT Newswires) -- Almonty Industries Inc. ( ALMTF ) said over the weekend that it raised $1.5 million after closing a private placement of 2,668,000 units priced at $0.55 apiece. Each unit comprises one share and one warrant exercisable at $0.74 per share for 24 months. Almonty said it also expects to raise an additional $989,700...
Northland Power Announced President and CEO Leadership Transition
Northland Power Announced President and CEO Leadership Transition
Mar 25, 2024
07:35 AM EDT, 03/25/2024 (MT Newswires) -- Northland Power Inc. ( NPIFF ) earlier Monday announced that Mike Crawley, Northland's President and CEO, and the Board of Directors, have agreed to a change in leadership for the company. Crawley, after leading Northland for the past six years, will be stepping down from his role. Under the succession plan, Crawley will...
MediPharm Labs Offers Update on German Cannabis Legalization
MediPharm Labs Offers Update on German Cannabis Legalization
Mar 25, 2024
07:33 AM EDT, 03/25/2024 (MT Newswires) -- MediPharm Labs Corp. ( MEDIF ) , a pharmaceutical company specializing in precision-based cannabinoids, which saw its shares jump 30% from near 52-week lows last Friday, on Monday offered an update on German cannabis legalization. The new legislation, which will become effective April 1, removes medical cannabis from the German narcotic list and...
Tinder-owner Match Group names new board directors after Elliott push
Tinder-owner Match Group names new board directors after Elliott push
Mar 25, 2024
March 25 (Reuters) - Tinder-owner Match Group ( MTCH ) named Instacart executive Laura Jones and Zillow ( ZG ) co-founder Spencer Rascoff to its board on Monday, after talks with activist investor Elliott Investment Management to improve its performance. Jones is the chief marketing officer at Instacart while Rascoff has served as Zillow's ( ZG ) CEO for a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved