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Light read on FQ3 traffic from Cracker Barrel

  • Cracker Barrel (CBRL -0.7%) says comparable restaurant sales for Q3 fell 0.7% QTD.
  • The average check rose 2.2% during the period while traffic slid 2.9%.
  • FQ3 EPS guidance is lowered to $1.18-$1.23 by the company due to the light read on traffic and sales.
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