Cracker Barrel Old Country Store (NASDAQ:CBRL) Issues Earnings Results

Cracker Barrel Old Country Store (NASDAQ:CBRL) issued its 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 company had revenue of $894.39 million for the quarter, compared to analysts’ expectations of $898.94 million. Cracker Barrel Old Country Store had a return on equity of 22.11% and a net margin of 1.77%. The business’s revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $1.79 earnings per share. Cracker Barrel Old Country Store updated its FY 2025 guidance to EPS.

Cracker Barrel Old Country Store Stock Up 1.1 %

Shares of Cracker Barrel Old Country Store stock traded up $0.46 during trading on Friday, reaching $41.57. The company’s stock had a trading volume of 1,437,268 shares, compared to its average volume of 758,856. 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 50-day simple moving average of $40.93 and a two-hundred day simple moving average of $50.10. The company has a quick ratio of 0.23, a current ratio of 0.63 and a debt-to-equity ratio of 1.11. The company has a market cap of $922.94 million, a price-to-earnings ratio of 15.34, a P/E/G ratio of 0.94 and a beta of 1.42.

Cracker Barrel Old Country Store Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 13th. Stockholders of record on Friday, October 18th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Friday, October 18th. Cracker Barrel Old Country Store’s payout ratio is presently 36.90%.

Wall Street Analysts Forecast Growth

CBRL has been the topic of several research reports. Argus downgraded Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. StockNews.com upgraded Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a report on Friday. Benchmark upgraded shares of Cracker Barrel Old Country Store to a “hold” rating in a report on Monday, June 3rd. 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 for the company in a report on Thursday. Finally, Loop Capital dropped their price objective on shares of Cracker Barrel Old Country Store from $50.00 to $45.00 and set a “hold” rating on the stock in a research note on Friday. Two research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. According to data from MarketBeat, Cracker Barrel Old Country Store has a consensus rating of “Hold” and a consensus price target 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.