CBRL

In August 2026, Cracker Barrel Old Country Store® launched a limited-time fall menu built around $9.99 Crispy Homestyle Chicken Deals, seasonal caramel apple breakfast items, apple-themed beverages, and a back-to-school Free Kids Toy promotion in its restaurants nationwide. Alongside this value-focused menu refresh, Cracker Barrel has drawn increased investor attention thanks to an upgraded analyst rating and a more optimistic earnings outlook. Now we’ll examine how Cracker Barrel’s refreshed value menu and improved earnings outlook could influence its longer-term investment narrative. The future of work is here. Discover the 38 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. To own Cracker Barrel today, you need to believe its refresh efforts can translate into healthier margins and steadier guest traffic, despite uneven recent profitability and macro pressure on consumer spending. The fall $9.99 Crispy Homestyle Chicken Deals and kids’ promotion support its value positioning, but the most important near term catalyst remains execution on cost control and earnings delivery. Key risks such as higher refinancing costs and lingering supply chain pressures appear largely unchanged by this menu news. Among recent developments, the Zacks Rank #1 (Strong Buy) upgrade, backed by a 43.4% increase in full year earnings estimates and a roughly 128% year to date share price gain, stands out as most relevant. It frames this value focused menu as arriving at a time when analysts have already become more optimistic about earnings, raising the stakes for how well Cracker Barrel can turn guest traffic, menu innovation, and operational improvements into sustained profit improvement. Yet behind the upbeat earnings revisions, investors should be aware that rising interest costs on refinancing and elevated corporate expenses could still... Read the full narrative on Cracker Barrel Old Country Store (it's free!) Cracker Barrel Old Country Store's narrative projects $3.5 billion revenue and $42.7 million earnings by 2029. This requires 1.8% yearly revenue growth and a $16.5 million earnings increase from $26.2 million today. Uncover how Cracker Barrel Old Country Store's forecasts yield a $45.00 fair value, a 23% downside to its current price. Some of the most optimistic analysts were already modeling revenue of about US$3.6 billion and earnings near US$65 million by 2029, so if you believe menu innovation can truly offset rising competitive and cost pressures, your outlook may sit closer to that camp. This latest fall promotion could either reinforce or challenge those views, which is why it helps to compare several different analyst assumptions before you decide where you stand. Explore 4 other fair value estimates on Cracker Barrel Old Country Store - why the stock might be worth as much as $59.63! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your Cracker Barrel Old Country Store research is our analysis highlighting 1 key reward and 4 important warning signs that could impact your investment decision. Our free Cracker Barrel Old Country Store research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Cracker Barrel Old Country Store's overall financial health at a glance. The market won't wait. These fast-moving stocks are hot now. Grab the list before they run: AI is about to change healthcare. These 40 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. We've uncovered the 11 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. Uncover the next big thing with 23 elite penny stocks that balance risk and reward. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include CBRL. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Cracker Barrel Old Country Store stock has surged year to date, yet broad valuation checks still flag it as expensive rather than a clear bargain. Investors are weighing a strong share price rebound against a low value score and an overvalued read on market multiples. The stock is up 118.1% year to date, which puts extra focus on whether the current price already reflects a recovery story in full. Future revenue and margin execution from the restaurant and retail format can support the current market view, while any setback in customer traffic or cost control may quickly challenge today’s pricing. Broader checks suggest Cracker Barrel is not cheap, with 0 of 6 valuation metrics pointing to it as undervalued. The issue now is whether Cracker Barrel Old Country Store’s recent rally leaves enough valuation cushion for new investors at current levels. Compare Cracker Barrel Old Country Store’s sharp rebound with other potential opportunities by scanning our curated list of 51 high quality undervalued stocks. The P/E multiple is a useful cross check for Cracker Barrel Old Country Store because earnings are a key driver for restaurant stocks. Cracker Barrel trades at about 49.9x earnings, which is more than double the hospitality industry average of 23.6x and also well above the peer average of 22.1x. That already points to a rich valuation compared with similar companies. The model driven fair P/E for Cracker Barrel Old Country Store is 28.2x. This is the level that would typically line up with its earnings profile, margins, industry, size and risk. The current P/E sits well above that fair ratio, which signals that the market is assigning a premium price to each dollar of earnings relative to what this framework suggests. On this P/E check, Cracker Barrel Old Country Store stock appears expensive relative to both its tailored fair ratio and hospitality peers. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives pick up where this valuation puzzle for Cracker Barrel Old Country Store leaves off, by spelling out the specific paths for revenue, margins and earnings that would need to play out for the stock to be worth materially more or less than today’s price on the Community page. Rather than relying on a single multiple or model output, each narrative lays out the assumptions behind its fair value so you can compare them with actual results over time. Community views on Cracker Barrel Old Country Store currently pull in opposite directions, with one camp seeing room for upside and another focused on traffic and cost risks. Bull case: roughly fairly valued Read the full Bull Case to see why Cracker Barrel Old Country Store could be undervalued Bear case: 30% overvalued Read the full Bear Case to see why Cracker Barrel Old Country Store could be overvalued Do you think there's more to the story for Cracker Barrel Old Country Store? Head over to our Community to see what others are saying! Cracker Barrel Old Country Store looks overvalued on standard market multiples, with the current P/E implying investors are already paying up for a recovery in earnings. Broader checks point to limited valuation support if traffic or cost execution fall short of optimistic expectations. The key question from here is whether Cracker Barrel can deliver consistent revenue and margin progress that keeps that premium multiple intact, or whether the market eventually reins in expectations and the valuation settles closer to peers. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include CBRL. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Cracker Barrel Old Country Store (CBRL) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The upward trend in estimate revisions for this restaurant operator reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for Cracker Barrel Old Country Store, as there has been strong agreement among the covering analysts in raising estimates. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The company is expected to earn $0.12 per share for the current quarter, which represents a year-over-year change of -83.8%. Over the last 30 days, two estimates have moved higher for Cracker Barrel compared to no negative revisions. As a result, the Zacks Consensus Estimate has increased 136.74%. The company is expected to earn $0.01 per share for the full year, which represents a change of -99.7% from the prior-year number. In terms of estimate revisions, the trend for the current year also appears quite encouraging for Cracker Barrel. Over the past month, three estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 100.9%. Thanks to promising estimate revisions, Cracker Barrel currently carries a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. While strong estimate revisions for Cracker Barrel have attracted decent investments and pushed the stock 6.7% higher over the past four weeks, further upside may still be left in the stock. So, you may consider adding it to your portfolio right away. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cracker Barrel Old Country Store, Inc. (CBRL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Cracker Barrel announced two strategic actions on Monday: the sale of its Maple Street Biscuit Company business and a sale-leaseback transaction covering 26 of its restaurant locations, moves the company said would sharpen its focus on the core brand and reduce debt. Cracker Barrel transferred the Maple Street Biscuit Company trademark and associated assets at 35 restaurants to Biscuit Belly, LLC. The remaining 16 Maple Street locations will close. Maple Street contributed less than 2% of Cracker Barrel's annual revenue, and the divestiture is expected to improve adjusted earnings before interest, taxes, depreciation, and amortization beginning in fiscal 2027, the company said. In connection with the transaction, Cracker Barrel anticipates non-cash charges in the range of $37 million to $39 million during its current fiscal fourth quarter, plus cash charges of $6 million to $8 million, with a portion of those costs carrying over into fiscal 2027. The sale-leaseback deal with an institutional real estate investor brought in roughly $77 million in net proceeds, which Cracker Barrel said it plans to apply to paying down debt. The deal also allows the company to use capital loss carryforwards that would otherwise have expired. "Divesting Maple Street sharpens our focus on the core Cracker Barrel brand and is expected to improve profitability," President and Chief Executive Officer Julie Masino said in a statement. "Combined with our improved fiscal 2026 outlook and reduced leverage, these actions demonstrate the progress we are making against our strategic priorities." Cracker Barrel now projects it will hit or top the upper bound of its fiscal 2026 revenue guidance while also beating its adjusted EBITDA target. The company's fiscal year ends July 31. It had previously projected total revenue of $3.27 billion to $3.30 billion and adjusted EBITDA of $120 million to $125 million. In the first 11 weeks of the fiscal fourth quarter, restaurant same-store sales were down roughly 2.5% while retail same-store sales edged up about 0.5% compared with the year-earlier period. Cracker Barrel stock jumped 9% to $58.20 in after-hours trading on Monday. Biscuit Belly, a Louisville, Kentucky-based biscuit sandwich concept, said it intends to rebrand the acquired Maple Street outlets under its own name over an 18-to-24-month window, according to a Biscuit Belly press release. The company said the acquisition would bring its total unit count to more than 60 locations by the end of 2028. Cracker Barrel reported third-quarter results in June that exceeded analyst expectations and raised its full-year forecast, with adjusted EBITDA guidance climbing to $120 million to $125 million from a prior range of $85 million to $100 million. The company cited a corporate restructuring completed in the second quarter as a contributor to that performance, projecting it would trim general and administrative costs by $20 million to $25 million on an annualized basis. Monday's announcement builds on that updated outlook, with Cracker Barrel now projecting it will exceed even those revised targets.

What a time it’s been for Cracker Barrel. In the past six months alone, the company’s stock price has increased by a massive 49.5%, reaching $51.60 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move. Is there a buying opportunity in Cracker Barrel, or does it present a risk to your portfolio? Check out our in-depth research report to see what our analysts have to say, it’s free. We’re glad investors have benefited from the price increase, but we don’t have much confidence in Cracker Barrel. Here are three reasons we avoid CBRL, plus one stock we’d rather own. Same-store sales show the change in sales at restaurants open for at least a year. This is a key performance indicator because it measures organic growth. Cracker Barrel’s demand within its existing dining locations has barely increased over the last two years as its same-store sales were flat. Analyzing the long-term change in earnings per share (EPS) shows whether a company’s incremental sales were profitable — for example, revenue could be inflated through excessive spending on advertising and promotions. Sadly for Cracker Barrel, its EPS declined by 32.8% annually over the last seven years while its revenue grew by 1.1%. This tells us the company became less profitable on a per-share basis as it expanded. Debt is a tool that can boost company returns but presents risks if used irresponsibly. As long-term investors, we aim to avoid companies taking excessive advantage of this instrument because it could lead to insolvency. Cracker Barrel’s $998.3 million of debt exceeds the $26.05 million of cash on its balance sheet. Furthermore, its 7× net-debt-to-EBITDA ratio (based on its EBITDA of $141.4 million over the last 12 months) shows the company is overleveraged. At this level of debt, incremental borrowing becomes increasingly expensive and credit agencies could downgrade the company’s rating if profitability falls. Cracker Barrel could also be backed into a corner if the market turns unexpectedly – a situation we seek to avoid as investors in high-quality companies. We hope Cracker Barrel can improve its balance sheet and remain cautious until it increases its profitability or pays down its debt. Cracker Barrel doesn’t pass our quality test. Following the recent surge, the stock trades at 113.7× forward P/E (or $51.60 per share). This valuation tells us it’s a bit of a market darling with a lot of good news priced in - we think other companies feature superior fundamentals at the moment. We’d recommend looking at a fast-growing restaurant franchise with an A+ ranch dressing sauce. WHILE YOU’RE HERE: Top 9 Market-Beating Stocks. The best stocks don’t just beat the market once. They do it again. And again. Robust revenue growth, rising free cash flow, returns on capital that leave their competition in the dust. The market has already rewarded these businesses. But our AI platform says the party isn’t over. Find out which 9 stocks made the cut this week — FREE. Get Our Top 9 Market-Beating Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+1,154% between June 2020 and June 2025). Find your next big winner with StockStory today.

A month has gone by since the last earnings report for Dave & Buster's (PLAY). Shares have lost about 17.4% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Dave & Buster's due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for Dave & Buster's Entertainment, Inc. before we dive into how investors and analysts have reacted as of late. Dave & Buster's reported weak first-quarter fiscal 2026 results, with adjusted earnings and revenues missing the Zacks Consensus Estimate. Both metrics also declined on a year-over-year basis.The quarter was primarily weighed down by weaker customer demand at existing locations, as reflected in lower comparable-store sales. This softness, particularly in the company's core entertainment segment, contributed to an overall decline in revenues. At the same time, profitability came under pressure due to higher labor, administrative and depreciation-related expenses, which compressed operating margins.Despite a challenging quarter, Dave & Buster's highlighted several encouraging developments. Management noted that its back-to-basics strategy is gaining traction, with improvements across food and beverage offerings, marketing initiatives and the refreshed remodel program contributing to a stronger guest experience. The company continued to execute on its growth strategy through new store openings, remodel activities and international franchise expansion. For the fiscal first quarter, the company reported adjusted earnings per share (EPS) of 22 cents, which missed the consensus mark of 37 cents by 40.5%. In the year-ago quarter, it had reported an adjusted EPS of 76 cents.Quarterly revenues of $559.2 million missed the consensus estimate of $571 million by 2.1% and declined 1.5% year over year. The top line was pressured by a $29.2 million decline in comparable store revenues, partly offset by an $18.1 million increase in noncomparable store revenues. Food and Beverage revenues (38.3% of total revenues in the reported quarter) increased 6.5% year over year to $214.1 million. The company cited eat-and-play combo enhancements and menu changes made in the second half of fiscal 2025 as factors supporting higher food attach rates and check growth. Our estimate was $202.5 million.Entertainment revenues (61.7%) fell 5.9% year over year to $345.1 million. Our estimate was $373.1 million. Comparable store sales (including Main Event-branded locations) declined 5.4% year over year. Management attributed the decline in comparable store revenues to a reduction in walk-in business relative to the prior-year period. Operating income totaled $46.9 million compared with $63.2 million in the year-ago quarter. Operating margin declined to 8.4% from 11.1% reported in the first quarter of fiscal 2025. Our estimate for operating income was $43 million.Adjusted EBITDA came in at $123.2 million compared with $136.1 million in the prior-year quarter. Adjusted EBITDA margin contracted to 22% from 24%, reflecting softer sales leverage and higher operating cost pressure. Cash and cash equivalents were $19.6 million as of May 5, 2026, compared with $16.6 million as of Feb. 3, 2026. Long-term debt, net, was $1.50 billion compared with $1.52 billion at fiscal 2025-end. The company ended the quarter with $499.1 million of available liquidity, consisting of cash and availability under its $650 million revolving credit facility.Net cash provided by operating activities improved to $113.8 million from $95.8 million in the prior-year period, mainly due to working-capital timing, partly offset by lower net income. Capital expenditures were $105.3 million, down from $154.6 million. Adjusted free cash flow was positive $25.3 million against negative $58.8 million in the year-ago quarter. The company opened one new domestic store in the first quarter and has opened three additional domestic stores in the second quarter. It has completed remodels of six Dave & Buster’s stores so far in fiscal 2026 and expects to complete two more during the remainder of the year.International franchise growth also continued. Dave & Buster’s opened its fifth international franchise store in May and sixth in June, and expects at least one more opening during the remainder of fiscal 2026. Management said its back-to-basics strategy is gaining traction across food and beverage, marketing and remodels, and reiterated confidence in generating more than $100 million in free cash flow in fiscal 2026. It turns out, estimates revision have trended downward during the past month. The consensus estimate has shifted -22.22% due to these changes. Currently, Dave & Buster's has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for value investors. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of this revision indicates a downward shift. It's no surprise Dave & Buster's has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months. Dave & Buster's is part of the Zacks Retail - Restaurants industry. Over the past month, Cracker Barrel Old Country Store (CBRL), a stock from the same industry, has gained 22%. The company reported its results for the quarter ended April 2026 more than a month ago. Cracker Barrel reported revenues of $797.37 million in the last reported quarter, representing a year-over-year change of -2.9%. EPS of $0.29 for the same period compares with $0.58 a year ago. For the current quarter, Cracker Barrel is expected to post a loss of $0.33 per share, indicating a change of -144.6% from the year-ago quarter. The Zacks Consensus Estimate has changed -7.7% over the last 30 days. Cracker Barrel has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dave & Buster's Entertainment, Inc. (PLAY) : Free Stock Analysis Report Cracker Barrel Old Country Store, Inc. (CBRL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Cracker Barrel Old Country Store (CBRL) reported third quarter fiscal 2026 earnings and revenue above analyst estimates for a second straight quarter, then raised its full year outlook for revenue and adjusted EBITDA. Management also outlined corporate restructuring plans intended to lower general and administrative and advertising expenses in the second half of the fiscal year, a combination that puts recent operational changes and market perception of the stock under closer investor scrutiny. See our latest analysis for Cracker Barrel Old Country Store. Cracker Barrel Old Country Store’s share price has rebounded sharply, with a 30 day share price return of 36.39% and a 90 day share price return of 74.39%. However, the 1 year total shareholder return is down 25.69%, which shows that recent momentum following earnings surprises and index removals is building from a weaker long term base. If Cracker Barrel’s recent move has you thinking about what else could be setting up interesting trends, this is a good moment to scan 18 top founder-led companies Cracker Barrel Old Country Store has a well known, cash generating concept, yet the stock’s sharp rebound sits against weaker multi year returns and index removals. How does that mix actually stack up on valuation today? Cracker Barrel Old Country Store last closed at $49.51, while the most followed narrative pegs fair value at $35, which puts the current price well above that estimate. Read the complete narrative. Curious how Cracker Barrel’s fair value can sit well below today’s price while still banking on faster earnings and slimmer margins than today? The full narrative joins those moving parts into one tight valuation story. Result: Fair Value of $35 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Cracker Barrel Old Country Store still faces traffic and relevance risks. Weaker guest trends or a slower brand refresh could quickly challenge this optimistic narrative. Find out about the key risks to this Cracker Barrel Old Country Store narrative. While the popular narrative pegs Cracker Barrel Old Country Store as 41.5% overvalued at a fair value of $35, our DCF model paints a different picture, with the stock trading about 2.5% below an estimated future cash flow value of $50.77. That kind of split raises a simple question: which story do you trust more, the narrative or the cash flows? Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Cracker Barrel Old Country Store for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 44 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. If the split sentiment around Cracker Barrel Old Country Store has you torn, this is the moment to move quickly, test the numbers yourself, and weigh both the 2 key rewards and 4 important warning signs Cracker Barrel Old Country Store’s split signals are useful, but your portfolio deserves a wider bench of ideas screened with the same clear, numbers first approach. Target resilient compounding potential by reviewing companies highlighted in the 44 high quality undervalued stocks and see which stocks the market may be pricing too cautiously. Strengthen your income stream by scanning the 9 dividend fortresses to find companies pairing higher yields with sturdier track records. Reduce portfolio stress by checking the 73 resilient stocks with low risk scores and focus on businesses with steadier risk profiles. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include CBRL. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

It has been about a month since the last earnings report for Cracker Barrel Old Country Store (CBRL). Shares have added about 9.2% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Cracker Barrel due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers. Cracker Barrel posted third-quarter fiscal 2026 results, with earnings and revenues beating the Zacks Consensus Estimate for the second straight quarter. The top and bottom lines declined from the prior-year quarter figure. Adjusted earnings were 29 cents per share, beating the Zacks Consensus Estimate of a loss of 45 cents. In the prior-year quarter, the company reported adjusted EPS of 58 cents.Revenues were $797.4 million, down 2.9% year over year, but surpassed the consensus mark of $775.0 million. Comparable store restaurant sales declined 2.6% and comparable store retail sales fell 1.8% in the quarter, with comparable restaurant guest traffic down 6.7%. CBRL generated total revenues of $797.4 million, driven primarily by restaurant sales. Restaurant revenues were $658.4 million, down 3.1% year over year, while retail revenues were $139.0 million, down 2.0%.The revenue mix was stable. Restaurants represented 82.6% of quarterly revenues versus 82.7% a year ago, while retail accounted for 17.4% versus 17.3%. Average store volumes eased year over year, with restaurant average store volume of $980.7 thousand and retail average store volume of $211.4 thousand for the quarter. CBRL’s cost of goods sold (excluding depreciation and rent) was $241.0 million, down 2.6% year over year. Labor and other related expenses were $302.1 million, down 0.9%, while other store operating expenses fell 4.5% to $198.2 million. General and administrative expense moved higher, rising 7.3% to $49.4 million.On the margin side, management pointed to mixed inflation dynamics. Total cost of goods sold was 30.2% of revenues versus 30.1% a year ago. Restaurant cost of goods sold was 26.1% of restaurant sales versus 26.2%, aided by pricing and partially offset by commodity inflation of about 2.5%. Retail cost of goods sold rose to 49.8% of retail sales from 48.9%, with higher tariffs a key driver. Cracker Barrel ended the quarter with cash and cash equivalents of $26.1 million versus $9.8 million a year ago, while inventories increased to $179.9 million from $168.7 million. Total assets were $2.09 billion compared with $2.14 billion at the prior-year quarter-end.The company finished the quarter with total debt of $486.6 million, comprised of $149.9 million of short-term debt related to its 0.625% convertible senior notes due June 2026 and $336.8 million of long-term debt related to its 1.75% convertible senior notes due 2030, with no borrowings on its credit facility. Management said it intends to pay the June 2026 notes at maturity by drawing on the revolving credit facility, and noted approximately $541.3 million of available capacity at quarter end. Following the quarter, CBRL raised its fiscal 2026 outlook. The company now expects total revenues of $3.27 billion to $3.30 billion, up from the prior $3.24 billion to $3.27 billion range. It also lifted adjusted EBITDA guidance to $120 million to $125 million from $85 million to $100 million previously.For the cost backdrop, management reiterated expectations for commodity inflation in the low 2% range and hourly wage inflation in the low 2% range while maintaining capital expenditures guidance of $105 million to $115 million. On the call, the company also highlighted actions aimed at supporting profitability, including a corporate restructuring completed in the second quarter that is expected to deliver $20 million to $25 million in annualized G&A savings and lower advertising expense in the second half versus the prior year. Since the earnings release, investors have witnessed a downward trend in fresh estimates. The consensus estimate has shifted -7.69% due to these changes. Currently, Cracker Barrel has a nice Growth Score of B, however its Momentum Score is doing a bit better with an A. Following the exact same course, the stock was allocated a grade of A on the value side, putting it in the top 20% for value investors. Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of this revision indicates a downward shift. Notably, Cracker Barrel has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cracker Barrel Old Country Store, Inc. (CBRL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in Cracker Barrel Old Country Store, Inc.? Here are five stocks we like better. Cracker Barrel delivered a surprise earnings beat and raised its fiscal 2026 guidance, sending shares up roughly 23% following the report. The results suggest the company's turnaround efforts may be gaining traction after a difficult 2025 marked by customer backlash over a logo redesign, which sparked a sharp decline in the stock. Despite improving momentum and a stock rally of more than 75% year to date, analysts remain cautious, with the consensus price target 10% below the current share price. Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL) reported fiscal third-quarter earnings after the bell on June 9, and investors clearly liked what they heard. The country-themed restaurant and retail chain delivered a sizable earnings beat and raised its full-year guidance, sending shares up nearly 23%. The report provided some much-needed good news for a company in the midst of a turnaround following a series of missteps that have weighed on both its business and stock price. → Uranium Energy Corp Melts Down—Nuclear Opportunity at Hand Cracker Barrel reported Q3 earnings of 29 cents per share, down from 56 cents per share a year earlier but well ahead of Wall Street's expectation for a loss of 45 cents per share. Net income included a $47.4 million benefit related to a settlement agreement regarding interchange fee litigation. Revenue of approximately $797 million was down 2.9% year over year but nearly $21 million above analyst estimates. Comparable-store sales declined for both the restaurant and retail businesses. During the earnings call, Chief Executive Julie Masino said the better-than-expected performance was driven by strong cost management, improved traffic, and higher checks. → Everpure: AI Storage Uncertainty Overshadows Breakneck Growth Guest satisfaction also improved, with the chain's Google star rating reaching its highest quarterly score since 2018. The company raised its fiscal 2026 outlook, now expecting total revenue of $3.27 billion to $3.3 billion, up from its previous forecast of $3.24 billion to $3.27 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) is now expected to be between $120 million and $125 million, up from the previous forecast of $85 million to $100 million. → An Analyst Just Raised Tesla's Price Target by 227%—Here's Why In the call, Chief Financial Officer Craig Pommells addressed the impact of higher fuel prices, which have disproportionately affected lower-income consumers, who make up a significant portion of Cracker Barrel's customer base. "Certainly, fuel prices are up. That will impact the business in terms of distribution on the restaurant side. It also impacts the retail side of the business. There is some impact in the fourth quarter related to fuel," he said, adding, "All of that is included in the guidance." Cracker Barrel isn't alone, as much of the restaurant sector that caters to lower-income consumers has faced pressure amid weak consumer sentiment due to rising fuel costs and living expenses. Wednesday's rally was a much-needed boost for a stock that has been heavily beaten down. Over the last five years, shares have fallen more than 70%. The second half of 2025 was particularly tough for the company and its stock. In August 2025, Cracker Barrel released a new, more modern-looking logo, which sparked significant backlash from customers. Even President Donald Trump weighed in, writing on Truth Social that the company should return to its old logo. The controversy weighed on shares, which fell nearly 15% at one point before closing down around 7%. Days later, the company announced it would return to the original logo. It also said it would revert the four remodeled locations to their previous designs and pause plans for future remodels. Despite its efforts, however, the damage was done. Shares continued to tumble through the remainder of the year, falling from around $59 before the logo announcement to roughly $25 by year-end. The company's turnaround efforts had begun showing signs of progress over the last few months. In early March, the company reported second-quarter results that beat top- and bottom-line expectations, causing several analysts to boost their price targets on the stock. During the earnings call, Masino said, "We're gaining traction and are encouraged by some important guest metrics and green shoots around traffic, and we're energized in terms of driving improved performance," she said. Although the results were better than expected, both earnings and revenue declined year over year, as did comparable restaurant and retail sales. Investors appeared encouraged by the progress, but remained cautious given the ongoing challenges. The stock moved only slightly higher following the Q2 report and soon resumed its downward trend. Sentiment seemed to shift in the weeks leading up to the Q3 release, with shares climbing to around $36 ahead of the results. Following the strong Q3 earnings report, shares climbed to $44.49, bringing their year-to-date gain to almost 75%. Despite the improving momentum, Wall Street remains cautious on the stock. Short interest has also climbed in recent months, reaching nearly 6.1 million shares, or 27.6% of the float, as of May 29. The consensus rating is Hold, with four analysts rating the stock a Buy, four rating it a Hold, and four rating it a Sell. At the current price, analysts on average see downside over the next 12 months. The consensus price target is just under $40, roughly 10% below the current share price. Price targets range from $27 to $55. Cracker Barrel's turnaround is still a work in progress. However, the strong earnings beat, higher guidance, and sharp rally in the stock suggest investors are gaining confidence that the company's efforts are beginning to gain traction. While Wall Street remains divided on the stock's long-term prospects, the latest quarter provided some of the clearest signs yet that Cracker Barrel may be moving in the right direction. The article "Cracker Barrel Surges 23% as Earnings Beat Signals Turnaround Progress" was originally published by MarketBeat. View MarketBeat's top stocks for June 2026.

Shareholders will be ecstatic, with their stake up 34% over the past week following Cracker Barrel Old Country Store, Inc.'s (NASDAQ:CBRL) latest third-quarter results. It was overall a positive result, with revenues beating expectations by 2.7% to hit US$797m. Cracker Barrel Old Country Store also reported a statutory profit of US$1.90, which was a nice improvement from the loss that the analysts were predicting. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Following last week's earnings report, Cracker Barrel Old Country Store's nine analysts are forecasting 2027 revenues to be US$3.39b, approximately in line with the last 12 months. Statutory earnings per share are forecast to plummet 51% to US$0.57 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$3.37b and earnings per share (EPS) of US$0.56 in 2027. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates. Check out our latest analysis for Cracker Barrel Old Country Store The consensus price target rose 15% to US$36.00despite there being no meaningful change to earnings estimates. It could be that the analystsare reflecting the predictability of Cracker Barrel Old Country Store's earnings by assigning a price premium. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Cracker Barrel Old Country Store at US$50.00 per share, while the most bearish prices it at US$30.00. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's pretty clear that there is an expectation that Cracker Barrel Old Country Store's revenue growth will slow down substantially, with revenues to the end of 2027 expected to display 1.2% growth on an annualised basis. This is compared to a historical growth rate of 3.6% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 9.1% per year. Factoring in the forecast slowdown in growth, it seems obvious that Cracker Barrel Old Country Store is also expected to grow slower than other industry participants. The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving. With that in mind, we wouldn't be too quick to come to a conclusion on Cracker Barrel Old Country Store. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Cracker Barrel Old Country Store going out to 2028, and you can see them free on our platform here.. However, before you get too enthused, we've discovered 4 warning signs for Cracker Barrel Old Country Store that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.