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Cracker Barrel Old Country Store Q4 Earnings Call Highlights

The restaurant chain posted adjusted earnings of 99 cents per share and revenue of $849.3 million, both above analyst forecasts.

  • On Wednesday, General Mills Inc. reported fiscal first-quarter sales of $4.39 billion, exceeding the $4.35 billion average analyst estimate as consumers increasingly chose to eat at home.
  • Improved demand for pantry staples and breakfast cereals drove performance, as consumers facing persistently high inflation opted for home-cooked meals over dining out, lifting packaged food sales.
  • Adjusted profit reached 75 cents per share for the Minneapolis-based company, though higher input costs reduced adjusted gross margin to 33.3 percent of net sales, down 90 basis points.
  • Results surpassed Wall Street expectations, with the maker of Cheerios cereal and Yoplait yogurt successfully navigating the challenging economic environment to beat overall market forecasts.
  • General Mills expects full-year earnings in the range of $3 to $3.20 per share, reflecting management's outlook for the remainder of the 2027 fiscal year.
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General Mills beats first-quarter sales estimates

·London, United Kingdom
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Seeking Alpha broke the news in Ra'anana, Israel on Wednesday, September 23, 2026.
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