Core Message - Cracker Barrel Old Country Store is promoting special holiday offerings to enhance family gatherings and celebrations during the festive season, including free toys with kids' meals and convenient meal solutions for hosting [1][2][5]. Group 1: Holiday Promotions - From December 10 to December 24, every dine-in kid's meal comes with a free toy valued at $5 or less, aimed at providing joy to families during the holiday season [1][2]. - The company is offering a "Meals for Two" promotion available Monday through Friday, starting at $19.99, which includes a shareable starter or dessert and two full-sized entrées [4][8]. - Holiday Heat & Serve meals are available for pre-order, designed to simplify hosting with fully prepared meals ready in three hours or less, available for pickup between December 21 and 28 [5][6]. Group 2: Product Offerings - The Holiday Heat & Serve meals include options such as a Holiday Ham Heat & Serve Feast serving 8-10 people, a Holiday Ham Heat & Serve Family Dinner serving 4-6 people, and a Prime Rib Heat & Serve Family Dinner also serving 4-6 people [6]. - Seasonal pies are offered in flavors like Apple Streusel, Pecan, Chocolate Pecan, and Cinnamon Roll, enhancing the holiday dining experience [6]. Group 3: Company Background - Cracker Barrel Old Country Store, Inc. has been serving homestyle food since 1969 and operates approximately 660 locations across 43 states, emphasizing a legacy of warmth and tradition [9].

U.S. stock futures were slightly higher this morning, with the S&P 500 futures gaining around 0.1% on Wednesday.Shares of Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) fell sharply in pre-market trading after the company reported worse-than-expected first-quarter financial results and cut its FY26 sales guidance below estimates.Cracker Barrel reported first-quarter revenue of $797.19 million, missing analyst estimates of $802.22 million. The restaurant operator reported a first-quarter adjusted loss of ...

U.S. stock futures were slightly higher this morning, with the S&P 500 futures gaining around 0.1% on Wednesday.Shares of Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) fell sharply in pre-market trading after the company reported worse-than-expected first-quarter financial results and cut its FY26 sales guidance below estimates.Cracker Barrel reported first-quarter revenue of $797.19 million, missing analyst estimates of $802.22 million. The restaurant operator reported a first-quarter adjusted loss of ...

Cracker Barrel shares fell sharply on Wednesday after the Tennessee-based restaurant-and-retail chain cut its annual revenue forecast and posted weaker-than-expected quarterly results, weighed down by... ...

Core Insights - Braze Inc (NYSE:BRZE) shares increased significantly in pre-market trading after the company raised its FY2026 adjusted EPS and sales guidance due to better-than-expected third-quarter revenue [1] - The company reported quarterly adjusted earnings of $0.06 per share, meeting analyst estimates, while quarterly revenue reached $190.84 million, surpassing the Street estimate of $184.08 million [1] - Following these announcements, Braze shares jumped 14.2% to $35.00 in pre-market trading [1] Company Performance - Braze's quarterly adjusted earnings were $0.06 per share, aligning with analyst expectations [1] - The reported quarterly revenue of $190.84 million exceeded the anticipated $184.08 million [1] - The positive financial results led to a 14.2% increase in share price during pre-market trading [1]

Market Overview - U.S. stocks showed mixed performance as traders prepared for the Federal Reserve meeting, with major indexes consolidating near recent highs after a strong year-end run for value stocks [1] - The Dow Jones Industrial Average decreased by almost 0.4% to 47,560.29, while the S&P 500 fell 0.09% to 6,840.51, and the Nasdaq increased by 0.1% to 23,576.48 [1] GameStop Corp. (NYSE:GME) - GameStop's stock declined by 1.03% to close at $23.11, with intraday trading between a high of $24.00 and a low of $23.10, remaining within its 52-week range of $19.93 to $35.81 [2] - The company reported third-quarter revenue of $821 million, missing estimates and down 4.5% year-over-year, while adjusted earnings of 24 cents exceeded expectations [3] - Hardware and software sales decreased, but collectibles sales increased, and operating income improved to $41.3 million from a loss in the previous year [3] - GameStop ended the quarter with $8.8 billion in cash and securities, including $519.4 million in Bitcoin, and did not hold an earnings call [3] JPMorgan Chase & Co. (NYSE:JPM) - JPMorgan's shares fell by 4.67% to $300.51, with intraday trading between a high of $318.80 and a low of $300.02, remaining below its recent 52-week high of $322.25 [4] - Investors are analyzing how the upcoming rate decision could influence the bank's growth phase, particularly regarding net interest margins and fee-driven businesses [5] AeroVironment - AeroVironment's stock eased by 0.37% to finish at $281.42, with intraday trading between a high of $291.50 and a low of $278.50, significantly above its 52-week low of $102.25 [6] - The company reported second-quarter revenue of $472.5 million, surpassing estimates, but adjusted EPS was 44 cents, below the expected 78 cents [7] - AeroVironment lowered its fiscal 2026 EPS outlook while slightly raising revenue guidance, leading to a decline in shares during extended trading [7] GE Vernova Inc. (NYSE:GEV) - GE Vernova's shares increased by 0.55% to close at $625.30, with intraday trading between $636.88 and $613.20, close to the upper end of its 52-week range of $252.25 to $677.29 [8] - The stock was positively influenced by a multi-year investor update, where the company doubled its dividend and set ambitious revenue targets through 2028 [9] - GE Vernova's 2025 revenue outlook is projected at $36–$37 billion, with 2026 guidance of $41–$42 billion, and an expected 2028 revenue of $52 billion, up from a previous forecast of $45 billion [10] - The company reported 18 GW of gas turbine contracts this quarter and anticipates its backlog to grow from $135 billion to $200 billion by 2028, while raising its cumulative free cash flow outlook to at least $22 billion [10] Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) - Cracker Barrel's stock rose by 1.43% to end at $27, with intraday trading between a high of $28.21 and a low of $26.82, trading just above its 52-week low of $25.62 [11] - The company reported first-quarter revenue of $797.19 million and an adjusted loss of 74 cents per share, both missing expectations, with sales down 5.7% from last year [12][13] - Cracker Barrel reduced its fiscal 2026 revenue outlook to $3.2–$3.3 billion and declared a 25-cent quarterly dividend, while the CEO indicated ongoing operational changes to stabilize traffic and margins [12][13]

Market Overview - US stock futures remained stable as investors awaited the Federal Reserve's final policy decision of the year, with Dow Jones, S&P 500, and Nasdaq 100 futures all falling below the flatline [1] - Investors are cautious, with a nearly 90% chance priced in for a third consecutive quarter-point rate cut by the Federal Reserve [2] Federal Reserve Insights - FOMC members are divided on the need for easier policy, with some advocating for support of a cooling labor market while others warn of potential inflation risks [3] - The post-meeting statement and Chair Jerome Powell's press conference are highly anticipated for insights on future policy direction [3] Company Performance - GameStop (GME) stock fell 6% after missing quarterly revenue estimates, reporting $821 million in revenue compared to $860.3 million in the same quarter last year, and analysts had expected $987 million [9] - GE Vernova (GEV) shares rose 6% after the company doubled its dividend, indicating strong demand for natural gas-fired power [11] - Cracker Barrel (CBRL) stock dropped 8% after reporting lower-than-expected sales and trimming its revenue forecast for the fiscal first quarter [5][6] Commodity Market - Global bond yields reached their highest levels since 2009, indicating investor concerns about the end of interest-rate cutting cycles in the US [4] - Silver prices surged past $60 an ounce, driven by supply tightness and expectations of further monetary easing by the Federal Reserve [4][12]

Core Insights - Cracker Barrel Old Country Store reported a revenue of $797.19 million for the quarter ended October 2025, reflecting a year-over-year decline of 5.7% [1] - The earnings per share (EPS) for the same period was -$0.74, compared to $0.45 a year ago, indicating a significant drop in profitability [1] - The reported revenue fell short of the Zacks Consensus Estimate of $801.06 million, resulting in a surprise of -0.48%, while the EPS exceeded expectations by 5.13% [1] Financial Performance Metrics - Comparable-store sales for the restaurant segment decreased by 4.7%, which was better than the three-analyst average estimate of -5.2% [4] - Comparable-store sales for the retail segment saw a decline of 8.5%, worse than the three-analyst average estimate of -5.2% [4] - Company-owned units totaled 656, slightly below the average estimate of 657 by three analysts [4] - The total number of stores at the end of the period was 710, compared to the average estimate of 717 based on two analysts [4] - Retail revenues were reported at $146.53 million, which is a 9.5% year-over-year decline and below the average estimate of $152.64 million [4] - Restaurant revenues amounted to $634.84 million, representing a year-over-year decline of 7.1%, also falling short of the three-analyst average estimate of $648.49 million [4] Stock Performance - Over the past month, Cracker Barrel's shares have returned -8.5%, contrasting with the Zacks S&P 500 composite's increase of +1.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Core Viewpoint - Cracker Barrel reported lower-than-expected sales and reduced its revenue forecast for the fiscal year due to negative customer reactions to a logo and restaurant redesign initiative [1][4]. Financial Performance - Revenue fell 5.7% to $797.2 million for the three months ending October 31, below the anticipated $800 million [1][6]. - The company experienced a net loss of approximately $25 million, a significant decline from a profit of $4.8 million in the same period last year [2]. Sales Metrics - Same-store restaurant sales decreased by 4.7%, while retail shop sales dropped by 8.5%, both figures exceeding analysts' forecasts [3]. Revenue Forecast - The company now expects total revenue for the 2026 fiscal year to be between $3.2 billion and $3.3 billion, down from a previous estimate of $3.35 billion to $3.45 billion [4]. - Adjusted pre-tax earnings are now projected to be between $70 million and $110 million, reduced from an earlier forecast of $150 million to $190 million [4]. Customer Reaction - The new logo and store redesign faced backlash from customers, leading to a decision to revert to the original logo and suspend remodeling plans [5][8]. - The company operates around 650 restaurants across the U.S., with a significant presence in Texas, Florida, and Tennessee [8]. Leadership Changes - Despite the logo controversy, shareholders voted to retain CEO Julie Felss Masino [10]. - A board member, Gilbert Davila, resigned following preliminary results indicating shareholders rejected his reelection [9].

Core Insights - Cracker Barrel Old Country Store reported a quarterly loss of $0.74 per share, which was better than the Zacks Consensus Estimate of a loss of $0.78, representing an earnings surprise of +5.13% [1] - The company posted revenues of $797.19 million for the quarter ended October 2025, missing the Zacks Consensus Estimate by 0.48% and down from $845.09 million a year ago [2] - Cracker Barrel shares have declined approximately 49.6% year-to-date, contrasting with the S&P 500's gain of 16.4% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.07 on revenues of $926.5 million, and for the current fiscal year, it is $1.53 on revenues of $3.43 billion [7] - The estimate revisions trend for Cracker Barrel was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Retail - Restaurants industry, to which Cracker Barrel belongs, is currently ranked in the bottom 21% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]