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Cracker Barrel Reports First Quarter Fiscal 2024 Results
Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the first quarter of fiscal 2024 ended October 27, 2023.
First Quarter Fiscal 2024 Highlights
Cal-Maine Foods Reports Results for First Quarter Fiscal 2024
Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today reported results for the first quarter of fiscal 2024 (thirteen weeks) ended September 2, 2023.
First Quarter Fiscal Year 2024 Highlights
Nathan's Famous, Inc. Reports First Quarter Results
Nathan's Famous, Inc. today reported results for its first fiscal quarter ended June 25, 2023.
For the thirteen-week period ended June 25, 2023 (“first quarter fiscal 2024”):
Albertsons Companies, Inc. Reports First Quarter Fiscal 2023 Results
Albertsons Companies, Inc. today reported results for the first quarter of fiscal 2023, which ended June 17, 2023.
First Quarter of Fiscal 2023 Highlights
Vivek Sankaran, CEO commented, "Our first quarter results demonstrate the resilience of our business, and the effectiveness of our Customers for Life transformation...
Kroger Beats Profit Estimates on Easing Costs, Steady Grocery Demand
Supermarket chain Kroger topped Wall Street estimates for first-quarter profit and same-store sales on Thursday, helped by steady demand for groceries and household essentials even as food prices remain high and easing supply chain costs.
Big-box retailers such as Kroger and Walmart have used their extensive nationwide operations to negotiate better deals with suppliers, which allowed them to keep prices substantially lower than competition and lure more people.
Kroger also profited from shoppers - including higher-income consumers looking for more economical options amid persistent inflation...
Restaurant Loyalty Program Points and Rewards Redemption Increased by 26%
Lingering inflation and higher food prices in the first quarter of 2023 had many foodservice consumers looking for a deal. Customer visits to restaurants and retail foodservice outlets that took advantage of a deal rose by 8% in the quarter ending March compared to a year ago, reports Circana, formerly IRI and The NPD Group. The increase in deal visits helped to grow total commercial foodservice visits by 1% over a year ago, a traffic gain after four consecutive quarters of flat or declining growth.
Although 73% of all foodservice...
Dollar Tree, Inc. Reports Results for the First Quarter Fiscal 2023
Dollar Tree, Inc. today reported financial results for its first quarter ended April 29, 2023.
“Our initiatives to drive customer traffic and increase store productivity are having the desired impact. The Dollar Tree segment delivered a 3.4% comp, successfully cycling the 11.2% comp from the prior year’s quarter. Family Dollar continued its sales momentum with a 6.6% same-store sales increase. Importantly, both segments experienced a mid-single digit percent step-up in comp traffic. We are clearly gaining market share across the entire enterprise,” stated Rick Dreiling, Chairman...
Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal First Quarter Ended April 16, 2023
Red Robin Gourmet Burgers, Inc. a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the fiscal first quarter ended April 16, 2023.
Highlights for the First Quarter of Fiscal 2023, Compared to the First Quarter of Fiscal 2022:
BJ’s Wholesale Club Holdings, Inc. Announces First Quarter Fiscal 2023 Results
BJ’s Wholesale Club Holdings, Inc. today announced its financial results for the thirteen weeks ended April 29, 2023.
“We reported a record first quarter in net income and adjusted EBITDA, demonstrating the power of our business model and the warehouse club channel,” said Bob Eddy, President and Chief Executive Officer, BJ’s Wholesale Club. “We drove topline growth bolstered by robust traffic and share gains. We also made significant improvements on our merchandise margins largely due to waning supply chain pressures and...
New Insights from Gravy Analytics Reveal Consumers Are Choosing to Shop and Dine Closer to Home
Gravy Analytics, the leading provider of enterprise location intelligence, today released its Q1 Consumer Trends Report, which analyzed foot traffic data across a variety of locations from Q1 2022 to Q1 2023 to see how consumer behavior has changed across industries. The report found that foot traffic increased to businesses in categories like shopping and restaurants, but there was a significant decrease in accommodation traffic. The data indicates a modest return to discretionary spending, with consumers prioritizing shopping and dining out closer to home...
G. WIlli-Food International Reports First Quarter 2023 Results with a Record High Quarterly Sales
G. Willi-Food International Ltd., a global company that specializes in the development, marketing and international distribution of kosher foods, today announced its unaudited financial results for the first quarter ended March 31, 2023.
First Quarter Fiscal Year 2023
Maple Leaf Foods Reports First Quarter 2023 Financial Results
Maple Leaf Foods Inc. today reported its financial results for the first quarter ended March 31, 2023.
"Although global pork markets continued in their dislocation during our first quarter as expected, we made excellent progress in important dimensions of this inflection point year," said Michael H. McCain, Executive Chair and CEO of Maple Leaf Foods. "Our supply chain has made exceptional progress back to full normalization, we have advanced our much-needed inflation pricing, we began taking advantage of our renewed access to the Chinese markets and continue to see...
US Foods Reports First Quarter Fiscal Year 2023 Earnings
US Foods Holding Corp one of the largest foodservice distributors in the United States, today announced results for the first quarter fiscal year 2023.
First Quarter Fiscal 2023 Highlights
“We are encouraged by our start to the year as US Foods delivered...
March Pork Exports Largest in Nearly Two Years; Beef Exports Show Signs of Rebound
March exports of U.S. pork were the largest since May 2021, according to data released by USDA and compiled by USMEF. While below last year’s high volume, March beef exports were the largest since October.
March pork exports totaled 260,195 metric tons (mt), up 17% year-over-year and the ninth largest volume on record. Export value was also ninth largest at $724 million, up 18% from a year ago. These results capped a strong first quarter for U.S. pork as exports reached 716,691 mt...
Wingstop Inc. Reports Fiscal Quarter 2023 Fiancial Results
Wingstop Inc. today announced financial results for the fiscal first quarter ended April 1, 2023.
Highlights for the fiscal first quarter 2023 compared to the fiscal first quarter 2022:
Dine Brands Global, Inc. Reports Q1 Same Store Sales and Profit Growth
Dine Brands Global, Inc. ,the parent company of Applebee’s Neighborhood Grill & Bar, IHOP and Fuzzy’s Taco Shop restaurants, today announced financial results for the first quarter of fiscal 2023.
“Dine Brands has demonstrated resiliency in a challenging operating environment, which reflects the strength of our brands and strong execution,” said John Peyton, chief executive officer, Dine Brands Global. “Looking ahead, we will adapt with agility and a guest-first mindset. Dine remains committed to investing in growth, generating cash and creating value for our shareholders.”
Vance Chang, chief...
The Chefs’ Warehouse Reports First Quarter 2023 Financial Results
The Chefs’ Warehouse, Inc., a premier distributor of specialty food products in the United States, Middle East, and Canada, today reported financial results for its first quarter ended March 31, 2023.
Financial highlights for the first quarter of 2023:
ANALYSIS: Turkey Cold Storage: Less Than What Meets the Eye
PODCAST: Episode 2 of Agri-Food for Thought Now Available!
Urner Barry’s Market Briefing Provides Insights on Commodity Protein Markets
ANALYSIS: A Turkey Production Puzzle
ANALYSIS: Strong Retail Demand, Bird Flu Outbreak Send Egg Prices Soaring to Seven-Month Highs