Page 20 - Sandra Cochran News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Cracker Barrel stock rallies after big profit beat, dividend restarted Shares of Cracker Barrel Old Country Store Inc. jumped 1.9% in premarket trading Tuesday, after the restaurant and retail company reported a big fiscal third-quarter profit beat and restarted its dividend program, with a $1.00 per share quarterly payout. The company swung to net income of $33.5 million, or $1.41 a share, for the quarter to April 30, from a loss of $161.9 million, or $6.81 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came to $1.51, or nearly four times the FactSet consensus of 39 cents. Total revenue increased 65% to $713.4 million, beating the FactSet consensus of $675.6 million. Same-restaurant sales from 56.5% from a year ago, beating the FactSet consensus for a 55.0% rise, while same-store retail sales jumped 102.8% to beat expectations of 68.3% growth. “The pace of our sales and margin recovery in the quarter exceeded expectations as we welcomed

Sandra cochranCracker barrelCracker barrel old country store incCracker barrel old country storeChief executive sandraMarket pulse storiesசாண்ட்ரா கோக்ரான்பட்டாசு பீப்பாய்பட்டாசு பீப்பாய் பழையது நாடு கடை இன்க்பட்டாசு பீப்பாய் பழையது நாடு கடைதலைமை நிர்வாகி சாண்ட்ராசந்தை துடிப்பு கதைகள்