Weather freezes out Cracker Barrel's traffic

Cracker Barrel (CBRL) reports comparable-store sales slipped 3.0% in FQ2. The company says two percentage points of the decline are attributable to the extreme winter weather.

The average check at the company's restaurants rose 2.3% during the period, but the soft traffic in December and January was too much to overcome.

Previous FY14 guidance is re-affirmed by Cracker Barrel.

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