On Tuesday, Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL), gained 4.84% to $146.55.
Cracker Barrel Old Country Store, stated financial results for the third quarter of fiscal 2015 ended May 1, 2015.
Third-Quarter Fiscal 2015 Highlights
- Contrast to the preceding-year third quarter, comparable store traffic raised 1.8%, comparable store restaurant sales raised 5.2% and comparable store retail sales raised 4.5%.
- Fourteenth successive quarter of outperformance of the Knapp-TrackTM casual dining index.
- On a GAAP basis, operating income margin was 8.1% of total revenue, contrast with 7.0% in the preceding year quarter. Adjusted to exclude the impact of additional charges related to the settlement of the formerly revealed Fair Labor Standards Act (“FLSA”) litigation, adjusted operating income margin was 8.2% of total revenue, contrast to preceding year adjusted operating income margin of 7.2%.
- On a GAAP basis, earnings per diluted share were $1.47, or $1.49 when adjusted to exclude the impact of charges related to the FLSA settlement, a 21% enhance over adjusted earnings per diluted share of $1.23 in the preceding year quarter.
Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. The company’s Cracker Barrel stores comprise of a restaurant with a gift shop.
Shares of Endo International plc - Ordinary Shares (NASDAQ:ENDP), declined -0.51% to $ 83.71, during its last trading session.
Endo International plc - Common Shares, declared that it has commenced an underwritten public offering of $1.75 billion of ordinary shares. All ordinary shares in the offering are to be sold by Endo.
The Company will also grant to the underwriters of the Offering an option, exercisable for a period of 30 days following the date of the final prospectus supplement, to purchase an additional $262.5 million of ordinary shares at the public offering price, less the underwriting discounts and commissions.
Endo International plc, a specialty healthcare company, focuses on branded and generic pharmaceuticals and devices worldwide. It operates through four segments: U.S. Branded Pharmaceuticals, U.S. Generic Pharmaceuticals, Devices, and International Pharmaceuticals.
At the end of Tuesday’s trade, Shares of Synergy Resources Corp (NYSEMKT:SYRG), gained 3.42% to $ 11.78.
Synergy Resources, declared that Mr. Lynn Peterson has joined the executive team at Synergy as President of the company. Mr. Peterson will work closely with co-CEOs Ed Holloway and William Scaff as Synergy evaluates asset acquisitions and growth opportunities in the Wattenberg Field and the NE Wattenberg Extension Area. Mr. Peterson is the former Co-Founder, President & CEO of Kodiak Oil and Gas Corp (Kodiak). Kodiak a Bakken shale company producing over 42,000 barrels of oil equivalent (BOE) per day and an enterprise value over $6 billion at the time of its merger with Whiting Petroleum in 2014.
Synergy Resources Corporation engages in the acquisition, development, exploitation, exploration, and production of oil and natural gas properties primarily located in the Denver-Julesburg Basin in northeast Colorado.
Finally, Marsh & McLennan Companies, Inc. (NYSE:MMC), ended its last trade with 0.12% gain, and close at $ 58.23.
Mercer, declared that Michael Williams was recently named as its Houston Office Health & Benefits Business Leader. Mr. Williams will be responsible for driving the overall Houston Health & Benefits practice growth, ensuring a valuable client experience, and expanding Mercer’s thought leadership in the local market. In this capacity, he reports to David Hilborn, Houston Office Leader and Eric Bassett, Central Market Health & Benefits Leader.
Michael brings over 20 years of client relationship and planned guidance insight to his new role at Mercer. He has deep knowledge of alternative healthcare delivery designs, risk administration methodologies, and benefits administration optimization. Preceding to joining Mercer, he was a Senior Consultant and Health & Group Benefits Practice Leader for the Southern Employee Benefits region of an international actuarial consulting firm.
Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions primarily in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services; and Consulting.
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