Cracker Barrel makes more on less traffic in FQ1


Cracker Barrel (CBRL) reports comparable store restaurant sales gained 2.8% during FQ1.

The restaurant operator saw the average check at its outlets increase 2.9% during the period to more than offset a minor slip in traffic.

For FY14, Cracker Barrel sees revenue of $2.7B-$2.75B and EPS of $5.60-$5.80 vs. $5.76 consensus. (PR)

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