Cracker Barrel Old Country Store (NASDAQ:CBRL) Releases Earnings Results, Misses Estimates By $0.19 EPS

Cracker Barrel Old Country Store (NASDAQ:CBRL) announced its quarterly earnings results on Thursday. The restaurant operator reported $0.98 EPS for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.19), Briefing.com reports. The firm had revenue of $894.39 million during the quarter, compared to the consensus estimate of $898.94 million. Cracker Barrel Old Country Store had a net margin of 1.77% and a return on equity of 22.11%. The firm’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.79 earnings per share. Cracker Barrel Old Country Store updated its FY 2025 guidance to EPS.

Cracker Barrel Old Country Store Stock Performance

Shares of Cracker Barrel Old Country Store stock opened at $41.57 on Friday. The business has a 50-day moving average price of $40.93 and a two-hundred day moving average price of $50.10. Cracker Barrel Old Country Store has a 1-year low of $34.88 and a 1-year high of $83.51. The company has a current ratio of 0.63, a quick ratio of 0.23 and a debt-to-equity ratio of 1.11. The company has a market cap of $922.94 million, a P/E ratio of 15.34, a PEG ratio of 0.94 and a beta of 1.42.

Cracker Barrel Old Country Store Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 13th. Investors of record on Friday, October 18th will be issued a $0.25 dividend. The ex-dividend date is Friday, October 18th. This represents a $1.00 annualized dividend and a yield of 2.41%. Cracker Barrel Old Country Store’s payout ratio is 36.90%.

Analyst Ratings Changes

Several equities analysts have commented on CBRL shares. Argus downgraded Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Benchmark upgraded shares of Cracker Barrel Old Country Store to a “hold” rating in a research report on Monday, June 3rd. Bank of America boosted their target price on shares of Cracker Barrel Old Country Store from $40.00 to $42.00 and gave the stock an “underperform” rating in a report on Friday. UBS Group dropped their price target on shares of Cracker Barrel Old Country Store from $55.00 to $42.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, StockNews.com raised shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research note on Friday. Two investment analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. According to MarketBeat, Cracker Barrel Old Country Store has an average rating of “Hold” and a consensus target price of $53.57.

Cracker Barrel Old Country Store Company Profile

Cracker Barrel Old Country Store, Inc develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of restaurants with a gift shop. The company's restaurants serve breakfast, lunch, and dinner daily, as well as dine-in, pick-up, and delivery services.