Cracker Barrel Rocks Slowly: Fool by Numbers

• Email
• Share
• Print

On Feb. 20, CBRL Group (Nasdaq: CBRL) released second-quarter earnings for the period ended Jan. 26.

• Net revenues were up 4.3% for the quarter on a combination of new store openings and a 0.5% rise in comparable same-store sales.
• The 1.2% increase in the price of the average check was largely offset by a 0.7% drop in guest traffic.
• The company repurchased a whopping 5.4 million shares of its common stock in the second quarter.
• Thirty Motley Fool CAPS players love biscuits and gravy.

(Figures in millions, except per-share data)

Income Statement Highlights

	Q2 2007	Q2 2006	Change
Sales	$612.1	$586.7	4.3%
Net Profit*	$20.5	$26.7	(23.2%)
EPS*	$0.60	$0.53	13.2%
Diluted Shares	36.0	51.8	(30.5%)

*Based on income from continuing operations.

Get back to basics with a look at the income statement.

Margin Checkup

	Q2 2007	Q2 2006	Change*
Gross Margin	65.6%	65.9%	(0.2)
Operating Margin	6.9%	7.3%	(0.4)
Net Margin	3.4%	4.6%	(1.2)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets	Q2 2007	Q2 2006	Change
Cash + ST Invest.	$258.4	$87.8	194.2%

Liabilities	Q2 2007	Q2 2006	Change
Long-Term Debt	$836.4	$911.5	(8.2%)

Learn the ways of the balance sheet.

Cash Flow Highlights

	YTD 2007	YTD 2006	Change
Cash From Ops.	$109.2	$52.4	108.5%
Capital Expenditures	$46.9	$45.0	4.4%
Free Cash Flow	$62.3	$7.5	736.7%

Find out why Fools always follow the money.

Related Companies:

• Ruby Tuesday (NYSE: RI)
• Sonic (Nasdaq: SONC)
• CKE Restaurants (NYSE: CKR)
• Bob Evans Farms (Nasdaq: BOBE)

Related Foolishness:

• Cracker Barrel's Dumplings
• Hole in the Cracker Barrel?
• Cracker Barrel's Dutch Menu

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.