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Cracker Barrel Old Country Store Inc Issues FY 2014 Guidance; Comments on FY 2014 Comparable Store Sales Guidance; Issues Q1 2014 EPS Guidance Below Analysts' Estimates

Wednesday, 18 Sep 2013 07:00am EDT 

Cracker Barrel Old Country Store Inc announced that for fiscal 2014, it expects total revenue of between $2.7 billion and $2.75 billion, and earnings per diluted share (EPS) of between $5.60 and $5.80. The increased revenue projection for fiscal 2014 reflects the expected opening of seven or eight new Cracker Barrel stores, and projected increases in comparable store restaurant sales and retail sales in a range of 2.0% to 3.0%. For the first quarter of 2014, the Company expects to report earnings per diluted share between $1.05 and $1.15. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $2.74 billion and EPS of $5.69 for fiscal 2014 and EPS of $1.32 for the first quarter of 2014. 

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1.46 +0.98%
26 Feb 2015