Cracker Barrel Old Country Store (CBRL) Q4 Earnings and Revenues Surpass Estimates

Cracker Barrel reported Q4 earnings of $0.99 per share, significantly beating the consensus estimate of $0.20 per share, representing a 395% earnings surprise. Revenues of $849.34 million also exceeded estimates by 2.19%, though down slightly from $868.01 million year-ago. The stock has gained 79.1% year-to-date and received a Zacks Rank #1 (Strong Buy) rating, though the Retail-Restaurants industry remains in the bottom 35% of Zacks industries.