Cracker Barrel net jumps 14% in 3Q

LEBANON Tenn. Citing the use of better cost controls, Cracker Barrel Old Country Store Inc., parent of the 588-unit Cracker Barrel family-dining chain, reported Wednesday a 14-percent profit increase for the third quarter ended May 5.

Net income totaled $12 million, or 52 cents per share, compared with $10.4 million, or 46 cents a share, in the same quarter a year ago. Latest-quarter revenue totaled $567.6 million, nearly unchanged from the $567.1 million in r