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News Breaks | | | | November 29, 2012 | | 11:29 EDT |  | CBRL | Cracker Barrel says expects to open 9-11 new stores in FY13
Says sees increases in food commodity costs on a constant mix basis of 5%-6% for FY13 with the most significant increases in the latter half of the year and in beef, chicken and eggs. Says has locked in pricing on 58% of commodity requirements for remaining three quarters in FY13. Sees FY adjusted operating margin 7.3%-7.5% of revenues, effective tax rate 32%-33%, CapEx $90M-$100M. | |
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News For CBRL From The Last 14 Days Check below for free stories on CBRL the last two weeks. |
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| June 4, 2013 | | 13:22 EDT |  | CBRL | Cracker Barrel price target raised to $106 from $88 at Argus
Argus increased its price target on Cracker Barrel after the company raised its FY13 EPS guidance. The firm expects the company's FY13 EPS to beat the consensus estimate and it keeps a Buy rating on the shares. | |
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