Cracker Barrel 4Q profit rises on cost cuts

LEBANON Tenn. Cracker Barrel Old Country Store Inc. reported Tuesday an 8.5-percent increase in profit for the fourth quarter ended July 31, which company officials said was mainly the result of cost-cutting measures that offset continued sales weakness.

Fiscal fourth-quarter earnings rose to $22.8 million, or 99 cents per share, from $21 million, or 93 cents per share, in the same quarter a year ago.

The company said it improved operating margin via

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