US restaurant chain Cracker Barrel's Q4 revenue beats estimates

Cracker Barrel Old Country Store

23/09/2026 12:25

Overview
US restaurant chain's fiscal Q4 revenue fell 2% yr/yr, but beat analyst expectations
Adjusted EPS and adjusted EBITDA for fiscal Q4 beat analyst expectations
Company divested Maple Street Biscuit Company and completed sale-leaseback of 26 stores

Outlook
Cracker Barrel sees fiscal 2027 revenue of $3.325 bln to $3.4 bln
Company expects fiscal 2027 adjusted EBITDA of $180 mln to $200 mln
Cracker Barrel anticipates commodity inflation of about 3% and hourly wage inflation of 2.5% to 3% in fiscal 2027

Result Drivers
DIVESTITURE IMPACT - Co divested Maple Street Biscuit Company during Q4, affecting reported results
SALE-LEASEBACK PROCEEDS - Sale-leaseback of 26 stores generated $77 mln for debt reduction
TARIFF REFUNDS - Adjusted EBITDA includes benefit of $9.1 mln related to tariff refunds, net of investments

Company press release: ID:nPnlFjgna

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$849.3 mln
$832.74 mln (8 Analysts)
Q4 Adjusted EPS
Beat
$0.99
$0.09 (7 Analysts)
Q4 EPS
 
$0.54
 
Q4 Net Income
 
$12.2 mln
 
Q4 Adjusted EBITDA
Beat
$62.1 mln
$40.12 mln (8 Analysts)

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 $44.00, about 3.3% below its September 22 closing price of $45.48
The stock recently traded at 44 times the next 12-month earnings vs. a P/E of 125 three months ago

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(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.)