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Cracker Barrel adjusted profit rises despite revenue decline
Source: proactiveinvestors.com
Corporate EarningsCompany FundamentalsConsumer Demand & RetailTravel & Leisure
Cracker Barrel reported Q4 adjusted EPS of $0.99, up 34% from $0.74 a year earlier, while GAAP EPS rose to $0.54 from $0.30. Revenue declined 2.2% year over year to $849.3 million, producing a mixed result of stronger profitability despite weaker top-line demand.
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