Cracker Barrel Reports Second Quarter Fiscal 2021 Results
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Cracker Barrel (CBRL) Misses Q2 EPS by 8c, Revenues Beat
February 23, 2021 8:02 AM ESTCracker Barrel (NASDAQ: CBRL) reported Q2 EPS of $0.70, $0.08 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $677.17 million versus the consensus estimate of $672.76 million.
Second Quarter Fiscal 2021 Highlights
Dining room service was adversely impacted by the nationwide resurgence of COVID-19 during the quarter, resulting in increased dining room closures and capacity restrictions compared to the first quarter.For the second quarter, comparable store restaurant sales decreased 21.9% and comparable store retail sales decreased 15.3% compared to the prior year quarter.Comparable store off-premise sales grew 78% over the prior year... More