Cracker Barrel 1Q net income rises 17.1%

Cracker Barrel 1Q net income rises 17.1%

Same-store sales also increase despite government shutdown in October

Cracker Barrel Old Country Store Inc. reported on Tuesday a 17.1-percent increase in profit for the Nov. 1-ended first quarter compared to the same period last year. The Lebanon, Tenn.-based family dining chain said traffic was off slightly, falling 0.1 percent, but average check rose 2.9 percent in the quarter compared to the year-earlier period. 

The company said October’s 16-day partial shutdown of the federal government had a negative impact on same-store traffic and sa

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