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Cracker Barrel’s Q2 Earnings Soar: 1.5% Revenue Growth and 4.7% Restaurant Sales Surge

Cracker Barrel’s second-quarter earnings have exceeded expectations, with a Non-GAAP EPS of $1.38, surpassing estimates by $0.29. The company reported a revenue of $949.4 million, marking a 1.5% increase year-over-year and beating projections by $5.23 million. Notably, comparable store restaurant sales saw a significant rise of 4.7% from the previous year, while retail sales in comparable stores grew by a modest 0.2%. These figures highlight Cracker Barrel’s robust performance in the face of economic challenges, showcasing the strength of their business model and consumer demand.

Source: seekingalpha.com

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