Core Viewpoint - Cracker Barrel Old Country Store, Inc. (CBRL) is set to report its second-quarter fiscal 2025 results on March 6, with expectations of a significant decline in earnings per share (EPS) compared to the previous year, while revenues are projected to show a slight increase [1][2]. Financial Estimates - The Zacks Consensus Estimate for CBRL's fiscal second-quarter EPS is $1, reflecting a 27% decrease from $1.37 in the same quarter last year [2]. - Revenue estimates are set at $0.9 billion, indicating a 0.6% increase from the prior year's figure [2]. Factors Influencing Performance - The company's performance is expected to benefit from ongoing menu innovation and operational improvements, which are likely to enhance customer engagement [3]. - Store remodels and refreshes are anticipated to improve the overall dining experience, contributing to increased traffic and sales momentum [3]. Off-Premise Business Growth - The expansion of Cracker Barrel's off-premise business, including takeout and delivery services, is expected to positively impact second-quarter revenues [4]. - Digital initiatives, such as the Cracker Barrel Rewards program, are likely to enhance customer loyalty and drive incremental sales [4]. Retail Segment Challenges - The retail segment may face challenges, particularly in categories like decor and toys, which could offset gains in kitchen food and bed & bath products [5]. - Retail revenues are predicted to decline by 1.7% year over year to $200.9 million [5]. Cost Pressures - The company is navigating cost pressures, especially in key commodities like dairy, beef, and pork, which may affect margins [6]. - Inflationary trends and food cost volatility are expected to weigh on profitability, with adjusted EBITDA projected to fall 4.1% year over year to $59.9 million [6]. Earnings Prediction - Current models do not predict an earnings beat for Cracker Barrel, as the company has an Earnings ESP of 0.00% and a Zacks Rank of 4 (Sell) [7][8].

Core Viewpoint - Analysts expect Cracker Barrel Old Country Store (CBRL) to report quarterly earnings of $1 per share, reflecting a year-over-year decline of 27% with revenues projected at $941.1 million, a slight increase of 0.6% from the previous year [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate for the upcoming quarter has not changed over the past 30 days, indicating stability in analysts' projections [1] - Analysts predict 'Revenues- Retail' to be $202.77 million, showing a decrease of 0.9% from the prior-year quarter [4] - The consensus estimate for 'Revenues- Restaurant' is $738.36 million, indicating an increase of 3.4% from the prior-year quarter [4] Group 2: Store Metrics and Market Performance - The estimated total number of stores at the end of the period is projected to be 728, up from 725 a year ago [4] - Over the past month, Cracker Barrel shares have declined by 30.3%, contrasting with the Zacks S&P 500 composite's decline of 1.3% [5] - Based on its Zacks Rank 4 (Sell), CBRL is expected to underperform the overall market in the near future [5]

Core Insights - Cracker Barrel is undergoing a brand refresh to strengthen its connection with both loyal and new guests, guided by extensive guest research and data-driven insights [1][2] - The brand refresh includes visual elements, reimagined restaurant spaces, and innovative food and retail offerings while maintaining the brand's authentic charm [2][3] - The strategic transformation launched in May 2024 focuses on five key areas: brand identity, menu optimization, store execution, digital capabilities, and employee experience [3] Brand Refresh Details - The brand refresh is a collaborative effort involving industry-leading agencies to define Cracker Barrel's evolved identity [2][6] - Prophet is partnering with Cracker Barrel to shape a new brand vision that enhances market share while preserving the company's heritage [6] - Viral Nation will support social media transformation, focusing on engagement and ROI through advanced strategies and AI technology [6] - Blue Engine will enhance storytelling and public relations, ensuring consistent messaging and elevating the brand's narrative [6] Company Overview - Cracker Barrel Old Country Store, Inc. operates approximately 660 locations across 43 states and owns the fast-casual Maple Street Biscuit Company [4]

LEBANON, Tenn., Feb. 20, 2025 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) will provide a real-time webcast and rebroadcast of its second quarter earnings conference call on Thursday, March 6, 2025, beginning at 11:00 a.m. Eastern Time. Company management will discuss financial results for the fiscal second quarter ended January 31, 2025.The live broadcast of Cracker Barrel's quarterly conference call will be available to the public online in the ...

Group 1 - The company specializes in analyzing restaurant stocks in the U.S. market, covering various segments such as QSR, fast casual, casual dining, fine dining, and family dining [1] - Advanced analytical models and specialized valuation techniques are employed to provide detailed insights and actionable strategies for investors [1] - The founder actively engages in academic and journalistic initiatives, contributing to institutions that promote individual and economic freedom [1] Group 2 - The company has a solid foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership [1] - Previous experience includes being a columnist discussing topics like monetary policy, financial education, and financial modeling [1]

Group 1 - The article discusses different trading strategies, emphasizing short-term momentum trading and long-term contrarian and deep value plays [1] - It highlights the importance of using mathematical equations and technical analysis for making trading decisions [1] - The author advises traders to act quickly on opportunities, cut losses rapidly, and maintain a low-risk profile [1] Group 2 - The article mentions that the author has a beneficial long position in CBRL shares, indicating a personal investment interest [2] - It clarifies that the opinions expressed are solely those of the author and not influenced by any compensation or business relationships [2] - The disclosure emphasizes that the author's investment position may change at any time for any reason [2]

Core Insights - Cracker Barrel is launching a new spring menu featuring a variety of pancake dishes and other flavorful items to attract customers [1][2][4] Pancake Offerings - The new menu includes OREO® Stuffed Cheesecake Pancakes and Strawberry Cheesecake Pancakes, both served with eggs and a choice of bacon or sausage [1] - Signature Pancake Platters are introduced with six flavor options: Blueberry, Pecan, Chocolate Chip, Fresh Strawberry, Cinnamon Spiced Apples, and Country Peach, also served with eggs and a choice of bacon or sausage [2] Additional Menu Items - New dishes include the Louisiana-Style Shrimp Skillet with grilled shrimp and seasoned rice, and Shrimp n' Grits featuring shrimp in a creole sauce served over creamy grits [3][4] - Other new items include Onion Petals with Country Comeback Sauce, Strawberry Icebox Pie, Pancake Latte, and Strawberry Peach Lemonade [8] Company Overview - Cracker Barrel Old Country Store, Inc. operates approximately 660 locations across 43 states and also owns the Maple Street Biscuit Company [6]

Company Overview - Cracker Barrel Old Country Store (CBRL) shares increased by 13.4% to close at $62.05, supported by higher trading volume compared to normal sessions [1] - The stock has gained 5.6% over the past four weeks [1] Strategic Initiatives - The rise in shares is attributed to various strategic initiatives including menu innovations, sales-building efforts, loyalty programs, and unit expansion, which have positively influenced investor sentiment [2] Earnings Expectations - Cracker Barrel is expected to report quarterly earnings of $1 per share, reflecting a year-over-year decline of 27% [3] - Revenue is anticipated to be $941.1 million, representing a 0.6% increase from the same quarter last year [3] Earnings Estimate Trends - The consensus EPS estimate for Cracker Barrel has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] - The stock currently holds a Zacks Rank of 3 (Hold) [4] Industry Comparison - Cracker Barrel is part of the Zacks Retail - Restaurants industry, where another competitor, Cheesecake Factory (CAKE), saw a 6.2% increase in shares, closing at $51.79 [4] - Cheesecake Factory's consensus EPS estimate has increased by 0.6% over the past month to $0.91, marking a 13.8% rise from the previous year [5]

Core Insights - The company is well-positioned for sustained growth through market share expansion, enhanced guest experiences, and improved profitability, despite concerns from softness in the retail segment and elevated cost pressures [1] Growth Initiatives - Cracker Barrel is implementing a back-of-house optimization initiative to enhance menu offerings, improve profitability, and increase employee job satisfaction, with the first phase focusing on process improvements and a just-in-time approach [2] - The company has seen a 29.9% increase in shares over the past six months, outperforming the industry average of 8.6%, driven by menu innovation, digital initiatives, and strategic remodels [3] - Investments in technology are aimed at enhancing the digital store experience and revamping the app to streamline ordering and provide a personalized experience [4] Financial Performance - In the first quarter of fiscal 2025, the adjusted operating margin contracted by 60 basis points year over year to 0.8%, primarily due to rising labor and operating expenses, with commodity inflation at approximately 1.9% [5] - The company anticipates commodity inflation to be between 2% and 3% and hourly restaurant wage inflation to be around 3% to 4% for fiscal 2025 [5] Menu and Brand Strategy - Enhanced menu offerings have led to strong average check growth and increased customer traffic, supported by a barbell pricing strategy that balances value and premium options [10] - The company is redefining its brand through in-store design improvements, with 19 stores updated and 12 refreshed, aiming for 25-30 remodels and refreshes each year [11] Retail Segment Challenges - The retail segment is facing challenges, with comparable store retail sales declining by 1.6% year over year due to decreased guest traffic, influenced by macroeconomic factors such as inflation and higher interest rates [12] Conclusion - While the company shows potential for growth through various initiatives, challenges such as declining retail sales and cost pressures necessitate a cautious approach [13]

Core Insights - Cracker Barrel Old Country Store, Inc. (CBRL) reported first-quarter fiscal 2025 results with earnings and revenues exceeding the Zacks Consensus Estimate, showing growth compared to the prior-year quarter [1][3][4] Financial Performance - Adjusted earnings per share (EPS) for the first quarter were 45 cents, surpassing the Zacks Consensus Estimate of 40 cents and up from 40 cents in the prior-year quarter [3] - Quarterly revenues reached $845.1 million, exceeding the consensus mark of $824 million, and increased by 2.6% year over year [4] - Comparable-store restaurant sales rose by 2.9% year over year, while comparable-store retail sales declined by 1.6% [5] Cost and Expenses - The cost of goods sold (excluding depreciation and rent) was $258.9 million, down 1% year over year, and represented 30.6% of total revenues, a decrease of 40 basis points from the previous year [6] - General and administrative expenses totaled $59.6 million, reflecting a 22% increase year over year [6] Net Income and Balance Sheet - Adjusted net income for the quarter was $10.2 million, compared to $8.8 million in the year-ago quarter [7] - As of November 1, 2024, cash and cash equivalents were $11.5 million, down from $13.9 million as of October 27, 2023, while inventory decreased to $201.9 million from $207.7 million [8] Debt and Dividends - Long-term debt increased to $527 million from $475.3 million as of October 27, 2023 [9] - CBRL declared a cash dividend of 25 cents per share, payable on February 12, 2025, to shareholders on record as of January 17 [9] Future Guidance - For fiscal 2025, CBRL expects revenues between $3.4 billion and $3.5 billion, with adjusted EBITDA anticipated to be between $200 million and $215 million [10] - Management projects commodity inflation of 2% to 3% and hourly wage inflation of 3% to 4% year over year [10] - The company plans to open three to four new Maple Street Biscuit company units, with capital expenditures projected between $160 million and $180 million [11]