Cracker Barrel Old Country Store (NASDAQ:CBRL) Announces Quarterly Earnings Results, Misses Expectations By $0.18 EPS

Cracker Barrel Old Country Store (NASDAQ:CBRL) released its quarterly earnings results on Thursday. The restaurant operator reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.16 by ($0.18), Briefing.com reports. Cracker Barrel Old Country Store had a return on equity of 22.11% and a net margin of 1.77%. The firm had revenue of $894.39 million for the quarter, compared to analysts’ expectations of $898.94 million. During the same quarter last year, the firm posted $1.79 earnings per share. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. Cracker Barrel Old Country Store updated its FY 2025 guidance to EPS.

Cracker Barrel Old Country Store Stock Down 1.1 %

Shares of CBRL stock opened at $41.11 on Friday. 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 market cap of $912.72 million, a price-to-earnings ratio of 15.17, a price-to-earnings-growth ratio of 0.94 and a beta of 1.42. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.63 and a quick ratio of 0.23. The stock’s fifty day moving average price is $40.95 and its 200 day moving average price is $50.28.

Wall Street Analyst Weigh In

CBRL has been the subject of several recent analyst reports. Benchmark raised shares of Cracker Barrel Old Country Store to a “hold” rating in a research note on Monday, June 3rd. StockNews.com lowered shares of Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a report on Thursday, September 5th. UBS Group decreased their target price on Cracker Barrel Old Country Store from $55.00 to $42.00 and set a “neutral” rating for the company in a report on Thursday. Argus cut shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Finally, Truist Financial cut their target price on Cracker Barrel Old Country Store from $46.00 to $42.00 and set a “hold” rating on the stock in a research note on Thursday, September 5th. Three investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $54.57.

About Cracker Barrel Old Country Store

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.