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

Cracker Barrel Old Country Store (NASDAQ:CBRL) issued 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. Cracker Barrel Old Country Store had a net margin of 1.77% and a return on equity of 22.11%. The business had revenue of $894.39 million for the quarter, compared to the consensus estimate of $898.94 million. During the same quarter in the previous year, the business earned $1.79 earnings per share. The firm’s revenue was up 6.9% on a year-over-year basis. Cracker Barrel Old Country Store updated its FY 2025 guidance to EPS.

Cracker Barrel Old Country Store Stock Performance

NASDAQ:CBRL opened at $41.11 on Friday. The stock has a market cap of $912.72 million, a P/E ratio of 15.17, a price-to-earnings-growth ratio of 0.94 and a beta of 1.42. The firm’s fifty day simple moving average is $40.95 and its 200 day simple moving average is $50.28. Cracker Barrel Old Country Store has a twelve month low of $34.88 and a twelve month high of $83.51. The company has a quick ratio of 0.23, a current ratio of 0.63 and a debt-to-equity ratio of 1.11.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CBRL. UBS Group reduced their price target on shares of Cracker Barrel Old Country Store from $55.00 to $42.00 and set a “neutral” rating on the stock in a research report on Thursday. Bank of America reduced their price target on shares of Cracker Barrel Old Country Store from $48.00 to $46.00 and set an “underperform” rating on the stock in a research report on Wednesday, July 17th. Citigroup reduced their price target on shares of Cracker Barrel Old Country Store from $48.00 to $42.00 and set a “sell” rating on the stock in a research report on Friday, May 31st. Truist Financial cut their target price on shares of Cracker Barrel Old Country Store from $46.00 to $42.00 and set a “hold” rating on the stock in a report on Thursday, September 5th. Finally, Benchmark upgraded shares of Cracker Barrel Old Country Store to a “hold” rating in a report on Monday, June 3rd. Three research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. Based on data from MarketBeat, Cracker Barrel Old Country Store presently has a consensus rating of “Hold” and an average price target of $54.57.

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.