Cracker Barrel Q1 revenue slightly misses estimates

Cracker Barrel Old Country Store

09/12/2025 21:23

Overview

Restaurant chain's fiscal Q1 revenue slightly missed analyst expectations

Adjusted loss for fiscal Q1 comes in better than analyst expectations

Cracker Barrel Old Country Store Inc  implementing cost-saving measures to improve financial performance

Outlook

Cracker Barrel projects fiscal 2026 revenue of $3.2 bln to $3.3 bln

Company expects adjusted EBITDA of $70 mln to $110 mln for fiscal 2026

Cracker Barrel plans capital expenditures of $110 mln to $125 mln in fiscal 2026

Result Drivers

OPERATIONAL ADJUSTMENTS - CEO Julie Masino stated the company is adjusting operational initiatives, menu, and marketing to deliver better experiences

COST SAVINGS INITIATIVES - Cracker Barrel is executing cost savings measures to bolster financial performance

ONGOING HEADWINDS - CEO Julie Masino noted unique and ongoing headwinds affected Q1 results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
$797.20 mln
$802.22 mln (8 Analysts)
Q1 Adjusted EPS
Beat
-$0.74
-$0.79 (8 Analysts)
Q1 EPS
-$1.10
Q1 Net Income
-$24.60 mln
Q1 Adjusted EBITDA
$7.20 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy."

Wall Street's median 12-month price target for Cracker Barrel Old Country Store Inc is $42.50, about 59.7% above its December 8 closing price of $26.62

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nPn14WX2Za

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)