Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) Sees Positive Shift in Analyst Sentiment

Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) is a renowned American chain of combined restaurant and gift stores with a Southern country theme, operating within the Zacks Retail - Restaurants industry. On June 5, 2025, Cracker Barrel reported an earnings per share (EPS) of $0.58, significantly surpassing the estimated $0.17, marking an earnings surprise of 241.18%.

Despite the impressive EPS, Cracker Barrel's revenue for the quarter was approximately $821.1 million, slightly below the estimated $823.6 million. This revenue figure represents a 0.5% increase compared to the same period in fiscal 2024, as highlighted by Zacks. The company has exceeded consensus EPS estimates three times in the past four quarters, showcasing its ability to outperform expectations.

Cracker Barrel's financial metrics provide further insight into its market valuation. The company's price-to-earnings (P/E) ratio is approximately 34.65, indicating how the market values its earnings. Additionally, the price-to-sales ratio stands at about 0.36, reflecting investor willingness to pay per dollar of sales. The enterprise value to sales ratio is around 0.67, showing the company's total valuation relative to its sales.

The company's financial leverage is evident in its debt-to-equity ratio of about 2.45, suggesting a higher reliance on debt financing. The current ratio of approximately 0.62 may indicate potential liquidity challenges in meeting short-term obligations. Despite these challenges, Cracker Barrel's earnings yield of approximately 2.89% offers a perspective on the return on investment for shareholders.

Cracker Barrel's President and CEO, Julie Masino, expressed confidence in the company's performance, highlighting the fourth consecutive quarter of positive comparable store restaurant sales growth. The company has increased its expectation for fiscal 2025 adjusted EBITDA to a range between $215 million and $225 million, reflecting its focus on executing its transformation plan and delivering a strong finish to the fiscal year.

Cracker Barrel Old Country Store (NASDAQ:CBRL) delivered a stronger-than-expected earnings report for its third quarter, but shares fell over 3% intra-day today.

The company posted adjusted earnings per share of $0.58, more than double Wall Street’s estimate of $0.26. Although revenue of $821.1 million came in just shy of the $827.6 million consensus, it still marked a slight year-over-year increase of 0.5%.

Comparable restaurant sales rose 1%, partially offsetting a 3.8% decline in retail sales. The chain’s core food service business helped drive the quarterly performance, with net income swinging to $12.6 million from a $9.2 million loss a year earlier.

Cracker Barrel raised its full-year adjusted EBITDA guidance to $215–$225 million, tightening the range and signaling greater confidence in cost control and operational execution. The company reaffirmed its fiscal 2025 revenue outlook of $3.45 billion to $3.50 billion.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) is a well-known name in the restaurant industry, offering a unique blend of dining and retail experiences. The company is set to release its quarterly earnings on June 5, 2025. Wall Street anticipates earnings per share (EPS) of $0.17 and revenue of approximately $823.6 million.

Cracker Barrel has a strong history of surpassing earnings expectations, as highlighted by Zacks Investment Research. In the last two quarters, the company delivered an average earnings surprise of 24.57%. In the most recent quarter, Cracker Barrel reported EPS of $1.38, significantly higher than the Zacks Consensus Estimate of $1.01, marking a surprise of 36.63%.

Despite challenges such as inflation and increased costs, Cracker Barrel's strategic initiatives, including menu revamps and loyalty program enhancements, are expected to drive demand. However, the Zacks Consensus Estimate predicts a decline in EPS to $0.23 for the third quarter, down 73.9% from the previous year's $0.88.

Cracker Barrel's financial metrics provide insight into its market position. The company has a price-to-earnings (P/E) ratio of approximately 34.81, indicating investor confidence. Its price-to-sales ratio is about 0.36, and the enterprise value to sales ratio is around 0.68, reflecting its valuation relative to sales.

The enterprise value to operating cash flow ratio stands at 11.80, offering a perspective on valuation compared to cash flow. Cracker Barrel's earnings yield is approximately 2.87%, and its debt-to-equity ratio is about 2.45, indicating reliance on debt. The current ratio of 0.62 suggests the company's ability to meet short-term liabilities.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) is a well-known entity in the hospitality and retail sectors, blending the concept of a restaurant with a gift shop to offer a unique experience to its customers. Despite its innovative business model and a strong presence across the United States with 664 stores, the company has faced a downward revision in its stock consensus target price from $59.13 last year to $42 recently. This shift indicates a growing caution among analysts regarding the stock's future performance.

The recent optimism from Zacks.com, suggesting that Cracker Barrel is expected to surpass earnings expectations in its upcoming quarterly report, presents a contrasting view to the general trend of declining target prices. This optimism is further supported by Deutsche Bank analyst Brian Mullan, who has set a significantly higher price target of $106 for CBRL. Mullan's outlook suggests a belief in the company's potential to overcome its current challenges and perform well in the near future.

Cracker Barrel's strategic response to its recent hurdles, including declining traffic and rising operating costs, involves a comprehensive 'Five Pillar Strategy'. This strategy focuses on revitalizing the brand through various initiatives such as marketing restructuring, menu remodeling, operational efficiency improvements, digital sales enhancement, and employee experience betterment. These efforts are aimed at gradually steering the company back to a path of growth and profitability.

However, the journey towards recovery is expected to be slow, as indicated by the 'Hold' position recommended by Deutsche Bank's Mullan. Despite the ambitious recovery plan, the target price set at approximately $54 by valuation models and industry comparisons reflects a cautious optimism. This price is higher than the recent consensus target but still significantly below Mullan's $106 target, highlighting the varied perspectives on the company's financial health and future prospects.

Investors and stakeholders in Cracker Barrel should closely monitor the company's progress in implementing its 'Five Pillar Strategy' and its impact on financial performance. The upcoming earnings report will be a critical indicator of the effectiveness of these strategic initiatives and could potentially influence analysts' future target prices for CBRL. As the company navigates through its challenges, the diverse analyst opinions underscore the importance of staying informed and carefully considering the potential risks and rewards associated with investing in Cracker Barrel's stock.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) is a well-known entity in the hospitality and retail sectors, blending the concept of a restaurant with a gift shop to offer a unique experience to its customers. Despite its innovative business model and a strong presence across the United States with 664 stores, the company has faced a downward revision in its stock consensus target price from $59.13 last year to $42 recently. This shift indicates a growing caution among analysts regarding the stock's future performance.

The recent optimism from Zacks.com, suggesting that Cracker Barrel is expected to surpass earnings expectations in its upcoming quarterly report, presents a contrasting view to the general trend of declining target prices. This optimism is further supported by Deutsche Bank analyst Brian Mullan, who has set a significantly higher price target of $106 for CBRL. Mullan's outlook suggests a belief in the company's potential to overcome its current challenges and perform well in the near future.

Cracker Barrel's strategic response to its recent hurdles, including declining traffic and rising operating costs, involves a comprehensive 'Five Pillar Strategy'. This strategy focuses on revitalizing the brand through various initiatives such as marketing restructuring, menu remodeling, operational efficiency improvements, digital sales enhancement, and employee experience betterment. These efforts are aimed at gradually steering the company back to a path of growth and profitability.

However, the journey towards recovery is expected to be slow, as indicated by the 'Hold' position recommended by Deutsche Bank's Mullan. Despite the ambitious recovery plan, the target price set at approximately $54 by valuation models and industry comparisons reflects a cautious optimism. This price is higher than the recent consensus target but still significantly below Mullan's $106 target, highlighting the varied perspectives on the company's financial health and future prospects.

Investors and stakeholders in Cracker Barrel should closely monitor the company's progress in implementing its 'Five Pillar Strategy' and its impact on financial performance. The upcoming earnings report will be a critical indicator of the effectiveness of these strategic initiatives and could potentially influence analysts' future target prices for CBRL. As the company navigates through its challenges, the diverse analyst opinions underscore the importance of staying informed and carefully considering the potential risks and rewards associated with investing in Cracker Barrel's stock.

On Thursday, May 30, 2024, before the market opens, NASDAQ:CBRL, also known as Cracker Barrel Old Country Store, Inc., is scheduled to release their quarterly earnings. Wall Street estimates suggest an earnings per share (EPS) of $0.56, with the revenue for the quarter anticipated to be approximately $820.61 million. This forecast comes at a time when Cracker Barrel is expected to have faced significant challenges, including poor customer traffic, persistent inflation, and elevated interest rates, as highlighted by Zacks Investment Research. These factors are believed to have contributed to a forecasted significant year-over-year decline in quarterly earnings and a slight decline in revenue.

Cracker Barrel, a well-known entity in the casual dining and retail sector, is facing a tough fiscal third quarter. Analysts have forecast earnings of $0.56 per share, marking a decrease of 53.7% compared to the same quarter in the previous year. Revenue projections also indicate a slight drop, with expectations of around $826.55 million, a 0.7% decrease from the year-ago quarter. This anticipated performance reflects the broader challenges the company has encountered, including reduced customer visits and the impact of ongoing economic pressures.

In the 30 days leading up to the earnings report, there has been a notable downward revision of 13.1% in the consensus estimate for EPS for the quarter. This adjustment reflects a collective reassessment by analysts, suggesting a more cautious outlook on Cracker Barrel's financial performance. Such revisions are critical for investors, as they can significantly influence market reactions to the earnings report. Historical data supports a strong correlation between trends in earnings estimate revisions and subsequent stock price movements, indicating that the market may react negatively to these revised forecasts.

Despite the pessimistic forecast, there remains interest in whether Cracker Barrel can defy the odds and deliver a positive EPS surprise. The sustainability of any immediate price change and future earnings expectations will largely depend on the management's discussion of business conditions during the earnings call. A surpassing of expectations could lead to a rise in the stock price, whereas a failure to meet them might result in a decline. This upcoming earnings report is crucial for investors and analysts alike, as it will provide valuable insights into Cracker Barrel's ability to navigate the current economic challenges and its impact on the company's financial health.