What Cracker Barrel's Earnings Mean for Mutual Fund Investors (CBRL)

Cracker Barrel Country Store (CBRL) released its first quarter financial results on Tuesday morning. CBRL posted higher revenues and earnings, which easily beat analysts’ expectations.

Inside CBRL’s Q1 Results

Earnings

The company posted earnings of $34 million, or $1.42 per share, up significantly from $27.2 million, or $1.14 per share. Analysts expected to see EPS of $1.29.

Revenue.
Sales rose 5% to $683.5 from $649.1 million. Analysts expected to see revenue of $665.5 million.

Outlook
The company expects to see FY2015 earnings between $5.95 and $6.10 per share, while analysts expect $6.02 per share.

Mutual Funds to Watch

Investors seeking exposure to Cracker Barrel Old Country Store without purchasing the individual stock may want to consider one of the mutual funds below as an alternative. These mutual funds currently hold the largest stake in the company.

The Bottom Line

The funds above are a great way for investors to gain exposure to a diverse bundle of securities and industries. Investors interested in Cracker Barrel Old Country Store may also be interested in Brinker International (EAT) and Darden Restaurants (DRI).