LEBANON, Tenn., Nov 24, 2009 (BUSINESS WIRE) -- Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL):
•Fully diluted net income per share of $0.78 for the first quarter of fiscal 2010, an increase of 37% compared with the prior-year quarter
•Revenue for the first quarter increased 1.3% to $581.2 million
•Comparable store restaurant sales increased 0.6%
•Comparable store retail sales decreased 4.8%
•Operating income margin in the first quarter was 6.5% compared with 5.7% in the prior-year quarter
Cracker Barrel Old Country Store, Inc. ("Cracker Barrel," or the "Company") (Nasdaq: CBRL) today reported net income per diluted share of $0.78 for the first quarter of fiscal 2010, compared with $0.57 per diluted share in the first quarter of fiscal 2009, an increase of 36.8%. Net income for the first quarter of fiscal 2010 was $18.0 million compared with $12.8 million in the first quarter of fiscal 2009, which reflects a 16.7% increase in operating income and lower interest expense.
Read more:http://investor.crackerbarrel.com/releasedetail.cfm?ReleaseID=426219
