Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) reported first quarter 2012 adjusted earnings of $1.09 per share, outpacing the Zacks Consensus Estimate of 97 cents. Quarterly earnings exclude a charge of 6 cents related to the proxy war with Biglari Holdings Inc. (BH). The better-than-expected results were driven by sequential upside in restaurant and retail sales.
On a GAAP basis, the company reported earnings of $1.03 per share, surpassing the year-ago quarter earnings of $1.01 per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards