CBRL - How To Earn $500 A Month From Cracker Barrel Stock After Earnings Beat | Benzinga
Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) posted better-than-expected earnings for its fourth quarter.
Cracker Barrel reported fourth-quarter FY23 revenue growth of 0.8% year-on-year to $836.7 million, missing the analyst consensus of $842.61 million. Adjusted EPS of $1.79 beat the consensus estimate of $1.61.
Cracker Barrel expects first-quarter sales of $800 million - $850 million, versus the consensus of $848.54 million.
With Cracker Barrel announcing upbeat earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, Cracker Barrel has a dividend yield of 7.01%, which is a quarterly dividend amount of $1.30 a share ($5.20 a year).
To figure out how to earn $500 monthly from Cracker Barrel dividends, we start with a ...