Enjoy Craveable, Homestyle Cooking at Home This Spring with New Hot n' Ready Ham and Turkey Family Dinner and Returning Easter Heat n' Serve MealsLEBANON, Tenn., Feb. 28, 2024 /PRNewswire/ -- To celebrate Easter, Cracker Barrel Old Country Store® is announcing new meal offerings to help create a delicious home-cooked meal experience. Guests can enjoy new items like the Hot n' Ready Easter Ham and Turkey Family Dinner and a Heat n' Serve French Toast Bake or traditional favorites like the Easter Heat n' Serv ...

Cracker Barrel Old Country Store, Inc. (CBRL) reported second-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top increased year over year while the bottom line declined from the prior-year quarter figure.Following the results, shares of the company dropped 3% during trading hours on Feb 27. Negative investor sentiments were witnessed as management stated issues related to margin pressures stemming from labor cost inflation. The company expects ongoing margi ...

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Q2 2024 Earnings Conference Call February 27, 2024 11:00 AM ET Company Participants Kaleb Johannes – Vice President-Investor Relations and Business Transformation Julie Masino – President and Chief Executive Officer Craig Pommells – Senior Vice President and Chief Financial Officer Conference Call Participants Katherine Griffin – Bank of America Jeff Farmer – Gordon Haskett Jake Bartlett – Truist Securities Dennis Geiger – UBS Brian Mullan – Piper Sandler ...

Cracker Barrel Old Country Store (CBRL) reported $935.4 million in revenue for the quarter ended January 2024, representing a year-over-year increase of 0.2%. EPS of $1.37 for the same period compares to $1.48 a year ago.The reported revenue represents a surprise of +2.14% over the Zacks Consensus Estimate of $915.84 million. With the consensus EPS estimate being $1.29, the EPS surprise was +6.20%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...

Investor Contact: Adam Hanan (615) 443-9887 Media Contact: Heidi Pearce (615) 235-4135 Exhibit 99.1 POST OFFICE BOX 787 LEBANON, TENNESSEE 3708B-0787 CRACKER BARREL REPORTS SECOND QUARTER FISCAL 2024 RESULTS Board declares $1.30 quarterly dividend per share LEBANON, Tenn. – February 27, 2024 – Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the second quarter of fiscal 2024 ended January 26, 2024. Second Quarter Fiscal 2024 H ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 OR Cracker Barrel Old Country Store, Inc. (Exact name of registrant as specified in its charter) Registrant's telephone number, including area code: (615) 444-5533 CBRL The Nasdaq Stock Market LLC (Nasdaq Global Select Market) Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large ac ...

Wall Street analysts expect Cracker Barrel Old Country Store (CBRL) to post quarterly earnings of $1.29 per share in its upcoming report, which indicates a year-over-year decline of 12.8%. Revenues are expected to be $915.84 million, down 1.9% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company reveals its earnings, ...

Cracker Barrel Old Country Store, Inc. (CBRL) is slated to report its second-quarter fiscal 2024 results on Feb 27 before the opening bell.In the last reported quarter, the company’s earnings and revenues missed the Zacks Consensus Estimate by 34.6% and 0.3%, respectively. Also, the top and the bottom lines declined on a year-over-year basis by 1.9% and 48.5%, respectively.CBRL’s earnings surpassed expectations in two out of the trailing four quarters and missed on the other two occasions, the average negat ...

U.S. restaurant businesses thrived in 2023 after an impressive turnaround in 2022. Sales at U.S. restaurants were not impacted much despite severe inflationary pressure. The momentum is likely to continue in 2024.Restaurant sales increased for the 11th successive month in January. The Department of Commerce's latest report indicates sustained growth, with sales at U.S. bars and restaurants reaching $95.1 billion in January, marking a 0.7% increase from December.Year over year, spending on restaurants and ba ...

Stressed businessman feeling desperate on crisis stock market, investment concept.gettyThese unloved stocks yield between 6.9% and 21.4%. These are big dividends, but not the main reason we are discussing this ignored five today.Each of these names is so unliked by the Wall Street suits that they have serious upside potential.How could that be?These shares are heavily sold short.Short selling is a way to bet against a stock. To do so, one must borrow the shares and sell them today. In hopes of buying back a ...