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CBRL Group Inc.(third and fourth quarter earnings)(Brief Article)

Nation's Restaurant News Daily NewsFax

| April 18, 2003 | COPYRIGHT 2003 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission. (Hide copyright information)Copyright

LEBANON, Tenn. -- CBRL GROUP INC., parent of the 472-unit Cracker Barrel Old Country Store chain, raised its earnings guidance for the third and fourth quarters, even though same-store sales have been off about 2.5 percent for its Cracker Barrel units so far in the third period, which ends May 2. CBRL, saying its cost performance has exceeded expectations, estimated diluted earnings per share to be in the mid-40-cent range, compared with 36 cents in the previous third …

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