Cracker Barrel Q1 Loss Narrower Than Expected, Revenues Down Y/Y

Key Takeaways CBRL posted a narrower than expected Q1 adjusted loss while revenues fell 5.7% year over year.Comparable restaurant sales fell 4.7% and retail comps dropped 8.5% in the quarter.CBRL lowered FY26 revenue and EBITDA guidance amid softer demand and operational challenges.Cracker Barrel Old Country Store (CBRL) reported first-quarter fiscal 2026 results, wherein the bottom line surpassed the Zacks Consensus Estimate, but revenues missed the same.CBRL faced a difficult macro and industry backdrop d ...