Cracker Barrel Old Country Store Inc. Reaffirms Annual Forecast

Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) has reported 32 percent higher profit for the fiscal first quarter of the year. The company also reported higher revenue. The company’s net income per share stood at $1.01, up from 78 cents a year earlier. The company also reported 2.4 percent higher revenue from restaurants open at least a year. The company also increase its retail sales by 1.5 percent.

* Cracker Barrel Old Country Store Inc. announced 3 percent increase in its quarterly revenue.
* Cracker Barrel Old Country Store Inc. reported its revenue at $598.7 million.

Cracker Barrel Old Country Store Inc. was expected to report its earnings at 92 cents per share. The company was also expected to report its revenue at $600.3 million. The company operates 600 restaurants in the US. The company is operational in 42 states. The company has also reiterated its forecast for the entire year. The company is looking to earn in the range of $3.95 and $4.10 per share. Cracker Barrel Old Country Store Inc. expects its revenue to increase in the range of  3 percent to 4.5 percent.

Key Financial Stats

Valuation

* Price/Earnings(TTM)15.20
* Price/Cash Flow8.60
* Price/Sales (TTM)0.52
* Price/Book6.54

Financial Strength

* Quick Ratio (MRQ)0.20
* Current Ratio (MRQ)0.80
* LT Debt to Equity (MRQ)2.99
* Total Debt to Capital (MRQ)3.03
* Return on Equity44.50

Assets

* Asset Turnover1.90
* Asset per Employee3526.25
* Inventory Turnover4.90

Per Share Data

* Earnings (TTM)3.62
* Current P/E Ratio0.80
* Cash Flow6.43
* Annual Dividend0.88
* Book Value8.42
* EBITDA6.80

Profitability

* Market Cap3.62
* Gross Margin (TTM)71.50
* Operating Margin (TTM)6.80
* Profit Margin (TTM) 3.50

Management Effectiveness

* Return on Equity (TTM)44.50%
* Return on Assets (TTM)6.60%
* Return on Investment (TTM)11.10%