Light read on FQ3 traffic from Cracker Barrel

|About: Cracker Barrel Old Countr... (CBRL)|By:, SA News Editor

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.