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Posted by
Two Blokes Jun 5 -
Filed in
Stock
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Cracker Barrel Old Country Store, Inc.'s Q3 showed positive restaurant comps and improved operating income, but retail sales and margins remain pressured. The company beat EPS estimates significantly, signaling progress, yet overall earnings are down year-over-year due to prior one-time adjustments. Management raised full-year guidance, with controlled costs and lower-than-expected inflation, but retail segment and growth outlook still need improvement.
