Wednesday, November 24, 2010

Cracker Barrel fiscal 1Q profit rises 32 percent

Restaurant operator Cracker Barrel Old Country Store Inc. said Tuesday its fiscal first-quarter profit rose 32 percent on higher revenue.
Net income rose to $23.7 million, or $1.01 per share, in the three months ended Oct. 29, from $18 million, or 78 cents per share, a year ago. Revenue rose 3 percent to $598.7 million from $581.2 million.

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