Key Developments For Cracker Barrel Old Country Store, Inc.
Cracker Barrel Old Country Store, Inc. (CBRL.O) (Nasdaq)
CBRL Group, Inc. Lowers FY 2010 Revenue Outlook; Raises FY 2010 EPS Outlook; Comments On FY 2010 Comparable Store Sales Outlook
CBRL Group, Inc. announced that for fiscal 2010, it expects total revenue to be in the range of flat to an increase of approximately 2.0% over revenue in fiscal 2009, comparable store restaurant sales between a decrease of 0.5% to an increase of 1.0% and income from continuing operations per diluted share is projected to be in the range of $3.05 to $3.30. The Company reported revenues of $2.37 billion in fiscal 2009. According to Reuters Estimates, analysts were expecting the Company to report revenues of $2.38 billion and EPS of $3.01 for the same period.
Cracker Barrel Old Country Store, Inc. Issues FY 2010 Outlook In Line With Analysts' Estimates; Comments On FY 2010 Comparable Store Sales Outlook
Cracker Barrel Old Country Store, Inc. announced that for fiscal 2010, it expects total revenue to increase approximately 0.5%-2.5% over revenue in fiscal 2009, comparable store restaurant sales between a decrease of 0.5% to an increase of 1.5% and comparable store retail sales between a decrease of 1.5% to an increase of 0.5% and income from continuing operations per diluted share (EPS) is projected to be in the range of $2.85-$3.10. The Company reported revenues of $2.37 billion in fiscal 2009. According to Reuters Estimates, analysts were expecting the Company to report revenues of $2.39 billion and EPS of $3.01 for the same period.
Cracker Barrel Old Country Store, Inc. Declares Quarterly Dividend
Cracker Barrel Old Country Store, Inc. announced that the Board of Directors has declared a regular dividend to common shareholders of $0.20 per share, payable on November 5, 2009 to shareholders of record on October 16, 2009.
Cracker Barrel Old Country Store, Inc. Announces Completion of Sale-Leaseback Transactions
Cracker Barrel Old Country Store, Inc. announced the closing of the sale-leaseback of its retail distribution center and fourteen of its store locations, with a fifteenth expected to close on or before July 31. The transactions are expected to produce aggregate gross proceeds of approximately $57.6 million, consisting of $12.4 million relating to the distribution center and slightly more than $3 million for each of the 15 store locations. The sale-leaseback transactions were the result of a competitive bidding process.
Cracker Barrel Old Country Store, Inc. Declares Quarterly Dividend
Cracker Barrel Old Country Store, Inc. announced that the Board of Directors has declared a regular dividend to common shareholders of $0.20 per share, payable on August 5, 2009 to shareholders of record on July 17, 2009.
