Company Performance - Cracker Barrel's stock climbed as its preliminary first-quarter results exceeded analysts' expectations [1] - The company expects revenue of $845.1 million, up 2.6% year-over-year, surpassing the analyst consensus from Visible Alpha [2] - Adjusted earnings per share were 45 cents, compared to 40 cents a year ago, beating analyst estimates [2] Sales Performance - Same-store restaurant sales improved by 2.9% [2] - Same-store retail sales declined by 1.6% [2] Stock Performance - Shares of Cracker Barrel improved more than 8% intraday Thursday [2] - Despite the intraday gain, shares are down by about 33% year-to-date [1][2]

Core Insights - Cracker Barrel Old Country Store (CBRL) reported quarterly earnings of $0.45 per share, exceeding the Zacks Consensus Estimate of $0.40 per share, but down from $0.51 per share a year ago, indicating an earnings surprise of 12.50% [1] - The company generated revenues of $845.09 million for the quarter ended October 2024, surpassing the Zacks Consensus Estimate by 2.52% and up from $823.84 million year-over-year [2] - Cracker Barrel shares have declined approximately 41.3% year-to-date, contrasting with the S&P 500's gain of 25.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.96 on revenues of $936 million, while the estimate for the current fiscal year is $2.94 on revenues of $3.44 billion [7] - The estimate revisions trend for Cracker Barrel is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Retail - Restaurants industry, to which Cracker Barrel belongs, is currently in the top 33% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [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]

Urges Shareholders to Vote the WHITE Card Today "For Only" Cracker Barrel's 10 Recommended NomineesVisit CrackerBarrelShareholders.com for More Information LEBANON, Tenn., Nov. 4, 2024 /PRNewswire/ -- The Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) Board of Directors (the "Board") today mailed a letter to the Company's shareholders in connection with the upcoming Annual Meeting of Shareholders (the "Annual Meeting") to be held on November 21, 2024. Shareholders of record as of September 27, 2024 w ...

Outlines Strategic Transformation Plan to Drive Growth and Profitability Highlights Risks that Sardar Biglari and Milena Alberti-Perez Pose to Shareholder Value Creation Urges Shareholders to Vote "FOR ONLY" Cracker Barrel's 10 Recommended Nominees on the WHITE Proxy Card Today LEBANON, Tenn., Oct. 29, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today posted an investor presentation in connection with its Annual Meeting of Shareholders on No ...

Urges Shareholders to Vote the WHITE Card Today "For Only" Cracker Barrel's 10 Recommended Nominees Visit CrackerBarrelShareholders.com for More Information LEBANON, Tenn., Oct. 9, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) today filed definitive proxy materials with the Securities and Exchange Commission in connection with the Company's upcoming Annual Meeting of Shareholders (the "Annual Meeting") to be held on November 21, 2024. Shareholders of record as of September 27, 2 ...

Shares of Cracker Barrel Old Country Store, Inc. (CBRL) have appreciated 21.1% in the past month compared with the Zacks Retail - Restaurants industry's 6.8% rise and the S&P 500's 3.4% increase. The uptick is supported by the company's focus on menu innovation, strategic initiatives and expansion efforts. The company's strategic transformation plan is expected to enhance guest experience and profitability, driving stronger performance in the fiscal 2025 through targeted investments and a new loyalty progra ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended August 02, 2024 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | --- | --- | |----------------------------------------------------------------------------------------------------------------|-------------------------------------------------- ...

Cracker Barrel Old Country Store, Inc. (CBRL) posted fourth-quarter fiscal 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. The company's earnings also declined year over year. Following the results, the company's shares lost 1.1% on Thursday. Cracker Barrel is facing several challenges due to broader economic conditions. Persistent inflation, weak consumer confidence and rising interest rates are likely to adversely impact customer spending habits. Earnings & Revenues of CBRL ...

After years of struggling with COVID-related disruptions, labor shortages, inflation, and shifting consumer habits, Cracker Barrel NASDAQ: CBRL is turning a corner. The FQ4 and full-year 2024 results are lackluster, and the guidance is tepid, but it could have been worse, much worse, and there is an expectation that improvements will continue gaining traction in F2025. It may take time for the market to build a stronger base and set itself up to sustain a rally, but lower prices are unlikely, and there is a ...

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Q4 2024 Earnings Conference Call September 19, 2024 11:00 AM ET Company Participants Adam Hanan - Director of IR Julie Masino - President and CEO Craig Pommells - SVP and CFO Conference Call Participants Brian Mullan - Piper Sandler Dennis Geiger - UBS Katherine Griffin - Bank of America Jake Bartlett - Truist Securities Andrew Wolf - CL King Jon Tower - Citigroup Operator Good day. And welcome to the Cracker Barrel Fiscal 2024 Fourth Quarter Conference C ...