CBRL

V

vanzandt

WRONG: https://finance.yahoo.com/news/cracker-barrel-crbl-q4-earnings-131001802.html

Guess they need to work on "Our proven model".

Restaurant chain Cracker Barrel Old Country Store, Inc. CBRL is set to release fourth-quarter fiscal 2016 results before the opening bell on Sep 14. In the preceding quarter, the company posted a positive earnings surprise of 1.11%. Let’s see how things are shaping up for this announcement.

Why a Likely Positive Surprise?

Our proven model shows that Cracker Barrel is likely to beat earnings because it has the right combination of two key ingredients.

Zacks ESP: Cracker Barrel has an Earnings ESP of +1.91%. That is because the Most Accurate estimate is $2.14 while the Zacks Consensus Estimate is pegged lower at $2.10. This is a meaningful and leading indicator of a likely positive earnings surprise.

Zacks Rank: Cracker Barrel has a Zacks Rank #3 (Hold). Note that stocks with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 have a significantly higher chance of beating earnings estimates. Conversely, Sell-rated stocks (Zacks Rank #4 or 5) should never be considered going into an earnings announcement.

The combination of Cracker Barrel's Zacks Rank #3 and +1.91% ESP makes us reasonably confident of an earnings beat.
 
All I can say is that there must be a lot of people out there who like to eat junk and shop for knick knacks. Last time I went to Cracker Barrel the food was basically terrible, and I didn't see anything in their shop that was worth buying. But I'm not an old lady so I probably don't represent the bulk of their customers.
 
They're down $9.50 on the day. Should have played it, keying off of BOBE's report. The old lady's aren't getting any fixed income apparently.

Here's a question... I was reading the report... I can't figure out how they are differentiating between "retail sales" and "same store sales". They seem to make a distinction, albeit its only 3/4% or so. Never seen that one before.
 
Same store sales represent sales from stores over a year old. Retail sales includes the same store sales plus any sales from stores less than a year old. Having those two data points helps you differentiate between growth that's happening from increased sales at existing stores versus growth that's happening just because new stores are being opened.
 
Baron said:
Same store sales represent sales from stores over a year old. Retail sales includes the same store sales plus any sales from stores less than a year old. Having those two data points helps you differentiate between growth that's happening from increased sales at existing stores versus growth that's happening just because new stores are being opened.
More...

Aaaah. Gotcha. That makes sense. Duh.
- Thnx B:D
 
  • Short SHLD (Sears Holdings Corporation)
  • or
  • Buy puts

IMO .... Sears should be closing within a year or so. Check out the Sears in your area.

:)
 
You must log in or register to reply here.
Back
Top