Cracker Barrel's 3Q profit up on higher sales

Cracker Barrel Old Country Store Inc. reported a 21-percent jump in profit and positive same-store sales for the third quarter.

Net income for the April 30-ended quarter totaled $14.4 million, or 62 cents a share, compared with a profit of $12.0 million, or 53 cents a share, in last year's third quarter, Cracker Barrel said.

Revenue rose 2 percent to $578.2 million. Same-store restaurant sales were up 0.6 percent, which reflected a 1.6-percent decline in traffic offset by a 2.2