Cracker Barrel(CBRL)
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Earnings Preview: Cracker Barrel Old Country Store (CBRL) Q3 Earnings Expected to Decline
ZACKS· 2025-05-22 15:06
Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Cracker Barrel Old Country Store (CBRL) despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected to show quarterly earnings of $0.25 per share, reflecting a year-over-year decrease of 71.6%, while revenues are projected to be $829.4 million, an increase of 1.5% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their outlook for the company [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Cracker Barrel is lower than the consensus estimate, resulting in an Earnings ESP of -2.44%, suggesting a bearish sentiment among analysts [10]. Historical Performance - In the last reported quarter, Cracker Barrel exceeded expectations by posting earnings of $1.38 per share against an expected $1.01, achieving a surprise of +36.63%. Over the last four quarters, the company has beaten consensus EPS estimates three times [12][13]. Stock Movement Factors - An earnings beat or miss is not the sole determinant of stock price movement, as other factors can influence investor sentiment and stock performance [14]. Investment Considerations - Cracker Barrel does not currently appear to be a strong candidate for an earnings beat, and investors should consider additional factors before making investment decisions [16].
CRACKER BARREL FISCAL 2025 THIRD QUARTER CONFERENCE CALL ON THE INTERNET
Prnewswire· 2025-05-22 12:00
Core Points - Cracker Barrel Old Country Store, Inc. will host a third quarter earnings conference call on June 5, 2025, at 11:00 a.m. Eastern Time to discuss financial results for the fiscal third quarter ended May 2, 2025 [1] - The live broadcast will be accessible online, with a replay available starting at 2:00 p.m. Eastern Time on the same day, continuing through June 19, 2025 [2] - Cracker Barrel was established in 1969 in Lebanon, Tennessee, and operates approximately 660 locations, also owning the fast-casual Maple Street Biscuit Company [3]
Cracker Barrel Elects Steve Bramlage to Board of Directors
Prnewswire· 2025-05-21 23:00
Core Viewpoint - Cracker Barrel Old Country Store, Inc. has elected Steve Bramlage to its Board of Directors, enhancing its leadership with significant retail and financial expertise [1][3]. Company Overview - Cracker Barrel Old Country Store, Inc. operates 660 company-owned locations across 43 states and owns the fast-casual Maple Street Biscuit Company, focusing on providing homestyle food and unique retail products [4]. Leadership Background - Steve Bramlage, the new Board member, is currently the CFO of Casey's General Stores, overseeing financial operations and strategic planning since joining in 2020. He has prior experience as CFO at Aramark and Owens-Illinois, and has held various financial roles at PPG Industries, Eli-Lilly, and EY [2]. Board's Strategic Vision - The Chairman of Cracker Barrel's Board expressed confidence in Bramlage's ability to contribute to the company's strategic transformation and deliver value to shareholders, highlighting the importance of retail industry knowledge and executive leadership experience [3].
Cracker Barrel Commences Summertime with the Return of its Iconic Campfire Meals
Prnewswire· 2025-05-06 13:03
Core Insights - Cracker Barrel has reintroduced its Campfire Meals, which are designed to evoke the nostalgic experience of campfire cooking while being convenient for guests [1][2] - The Campfire Meals are priced starting at $10.99 and include a variety of options such as Campfire Shrimp Skillet, Campfire Chicken, and Campfire Beef, all featuring a signature blend of Campfire Seasoning [1][6] - The company aims to enhance the dining experience with new dessert skillets, including a S'mores Brownie Skillet and a Cinnamon Roll Skillet, which complement the Campfire Meals [7] Product Offerings - Campfire Shrimp Skillet includes grilled shrimp and andouille sausage in a buttery broth with campfire-seasoned corn and potatoes [6] - Campfire Chicken features a marinated half-chicken slow-cooked with vegetables in a buttery broth [6] - Campfire Beef is slow-braised beef with classic campfire vegetables and spices, sealed in foil for flavor [6] - New dessert options include a S'mores Brownie Skillet with chocolate brownie, roasted marshmallow, and HERSHEY'S Milk Chocolate, and a Cinnamon Roll Skillet with mini cinnamon rolls and cream cheese icing [7] Marketing and Customer Engagement - The Chief Marketing Officer emphasized the importance of customer feedback in bringing back the Campfire Meals, highlighting the emotional connection to summer memories [1] - Cracker Barrel encourages customers to engage with the brand through social media platforms like Instagram and TikTok, as well as their website for online ordering [3]
Should Value Investors Buy Cracker Barrel Old Country Store (CBRL) Stock?
ZACKS· 2025-04-23 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and t ...
Cracker Barrel Opens Newest Location in Denver, Bringing Country Hospitality to Central Park
Prnewswire· 2025-04-21 13:00
Company Expansion - Cracker Barrel has opened its fifth restaurant in Colorado, enhancing its presence in the state and creating over 150 full- and part-time jobs for the local economy [1] - The new location aims to provide a "home-away-from-home" experience for guests in Denver's Central Park neighborhood [2] Community Commitment - To support the local community, Cracker Barrel is donating $30,000 to Food Bank of the Rockies, which will help provide 90,000 meals to those in need [2][3] - The Cracker Barrel Food for Families initiative focuses on addressing food insecurity, supporting community needs, and reducing food waste [5] Operational Details - The new store will operate Sunday through Thursday from 7 a.m. to 10 p.m., and Friday and Saturday from 7 a.m. to 11 p.m. [3] - Customers can utilize in-store pickup, curbside pickup, and delivery options through the Cracker Barrel mobile app or website [3] Company Overview - Cracker Barrel Old Country Store, Inc. operates 660 locations across 43 states and is known for its homestyle food and unique retail products [6] - The company has been committed to community support for over 20 years, partnering with various organizations to combat food insecurity [5]
Cracker Barrel Stock Falls 22% YTD: Buy the Dip or Stay Cautious?
ZACKS· 2025-04-03 16:20
Cracker Barrel Old Country Store, Inc. (CBRL) shares have fallen 21.9% year to date (YTD), significantly underperforming the Zacks Retail - Restaurants industry’s 3.4% growth. Over the same period, the stock has trailed the broader Zacks Retail-Wholesale sector’s 1.5% dip and the S&P 500 index’s 4.1% decline.The CBRL stock has struggled to gain investor confidence despite beating earnings and sales estimates in second-quarter fiscal 2025 and providing a strong outlook for the year. The recent dip in the CBR ...
Wall Street Analysts See a 25.41% Upside in Cracker Barrel (CBRL): Can the Stock Really Move This High?
ZACKS· 2025-04-02 15:00
Shares of Cracker Barrel Old Country Store (CBRL) have gained 2.8% over the past four weeks to close the last trading session at $41.01, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $51.43 indicates a potential upside of 25.4%.The average comprises seven short-term price targets ranging from a low of $39 to a high of $69, with a standard deviation of $9.14. While the lowest e ...
Cracker Barrel Stock Jumps on Post-Earnings Upgrade
Schaeffers Investment Research· 2025-03-10 14:40
Shares of Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) are up 8.4% at $46.40 at last glance, after Truist Securities upgraded the stock to "buy" from "hold," with a price-target hike to $55 from $51. The bull note follows last week's fiscal second-quarter earnings report, which featured better-than-expected earnings and revenue, same-store sales growth of 4.7%, and a raised forecast. The restaurant chain also announced a $700 million reinvention plan spanning three years, which will include large menu ...
Starting the day with a healthy breakfast is becoming a pricey luxury
CNBC· 2025-03-08 13:52
Coffee Industry - Coffee prices have reached record highs, with futures prices more than doubling over the past 12 months and surpassing $4 per pound for the first time last month [6] - A dry spell in Brazil has significantly impacted crop yields, contributing to the rising prices [6] - Coffee Labs Roasters signed a new purchase order at approximately $5 per bag, up from a previous deal of about $4 per bag [2] Egg Industry - The price of eggs in the U.S. has increased by 53% year over year, with a 15% spike from December to January [4] - The avian flu outbreak has led to the culling of millions of hens, exacerbating supply issues [5] - The U.S. Department of Justice is investigating potential antitrust practices in the egg industry [5] Consumer Behavior - Rising prices of coffee and eggs are causing consumers to change their purchasing habits, with many opting to skip breakfast or replace it with cheaper alternatives [9][10] - A survey indicated that consumer sentiment has turned negative for the first time since June 2024, with expectations of worsening inflation [7] Restaurant Industry - Dine Brands, the parent company of IHOP, has seen its stock decline over 13% this year, with a disappointing outlook for 2025 due to rising costs primarily driven by egg prices [11][12] - Waffle House and Denny's have implemented surcharges for menu items containing eggs, while McDonald's has not raised prices [13] - Restaurant stocks offering breakfast items have underperformed the market, with Denny's stock down over 55% and Cracker Barrel down 38% over the past year [14] Trade and Tariffs - Proposed tariffs on coffee could further increase prices, particularly for decaffeinated coffee that involves cross-border processing between the U.S., Mexico, and Canada [15][16] - There is uncertainty regarding the impact of these tariffs on decaf coffee, with industry experts seeking more clarity [17]