For a limited time, guests can try new test items including Cinnamon Bread French Toast, available all day, and lunch and dinner entrees like Hashbrown Casserole Shepherd's Pie and Slow-Braised Pot Roast.  Now through Aug. 5, the items are available at 14 Cracker Barrel locations in the following Texas cities: Abilene, Allen, Amarillo, Arlington, Benbrook, Cypress, Houston, Kingwood, Lubbock, Midland, Weatherford and Wichita Falls."For nearly 55 years, guests have known and loved us for our authentic, homes ...

jetcityimageAs somebody who has been active in the markets for about 16 years now, I have come to realize that there's a lot of crossover in thinking between the value investment ideology and contrarian investment strategies. At its core, both bank on the idea that an investment prospect is trading on the cheap because the market is overreacting to the firm's situation. This does not always work, especially if more bad developments occur. However, for those who are patient, it can also yield tremendous ...

jetcityimage Cracker Barrel Old Country Store (NASDAQ:CBRL) has no choice. It has to change. The stock had long been cherished as an equity-income play. (Many old headlines visible in the Seeking Alpha CBRL Analysis archive confirm this.) And its yield recently topped 9%. But that angle is now gone. CBRL stock, anticipating a dividend cut, fell 36% from the start of this year until May 15th. That’s just before management announced that the company would, indeed, slash the quarterly payout from $1.30 to ...

The business is losing money and management thinks it's time to refresh the branding.Shares of casual dining restaurant chain Cracker Barrel Old Country Store (CBRL 1.07%) plunged 16.2% during May, according to data provided by S&P Global Market Intelligence. The company rocked investors on May 16 when it cut its $1.30-per-share quarterly dividend by 80% to just $0.25 per share. At that time, management also gave its thoughts for turning around the business.Cracker Barrel is a business that needs a turnarou ...

Key Points Cracker Barrel struggled in Q3 but has a turnaround plan and has begun to execute. The new dividend is sustainable at current levels and allows the company to self-fund CAPEX. Analysts trimmed targets this year but still see this stock trading in deep value territory. 5 stocks we like better than Cracker Barrel Old Country Store Cracker Barrel Old Country Store Today Cracker Barrel Old Country Store $48.12 +2.76 (+6.08%) 52-Week Range $43.38 ▼ $102.89 Dividend Yield 10.81% P/E Ratio 12.83 Price T ...

财务数据和关键指标变化 - 总收入为8.171亿美元,较上年同期下降1.5% [11][18] - 餐厅收入为6.713亿美元,较上年同期下降1.5% [18] - 零售收入为1.458亿美元,较上年同期下降3.7% [18] - 餐厅同店销售下降1.5%,定价上涨约4% [18] - 外卖销售占餐厅销售的18.9% [19] - 零售同店销售下降3.8% [19] - 总成本占总收入的30%,较上年同期下降150个基点 [20] - 餐厅成本占餐厅销售的25.9%,较上年同期下降140个基点 [20] - 零售成本占零售销售的49%,较上年同期下降120个基点 [20] - 人工成本占总收入的37.8%,较上年同期上升200个基点 [21] - 其他营业费用占总收入的24.5%,较上年同期上升90个基点 [22] - 调整后EBITDA为4790万美元,占总收入的5.9%,较上年同期下降130个基点 [24] 各条业务线数据和关键指标变化 - 餐厅业务收入下降1.5%,主要受到客流量下降的影响 [18] - 零售业务收入下降3.7%,但公司管理好了库存水平 [19] 各个市场数据和关键指标变化 - 未提及具体市场数据和关键指标变化 公司战略和发展方向及行业竞争 - 公司正在执行5大战略支柱:重塑品牌形象、优化菜单、改善门店和顾客体验、拓展数字化和外卖业务、提升员工体验 [14][15] - 公司相信这些战略举措将提高公司的相关性,提供顾客喜爱的食品和体验,并提高盈利能力,为长期价值创造奠定基础 [15] - 公司正在测试25-30家门店的改造,以找到最佳的投资水平和回报率 [47][48] - 公司计划在2025财年进行大规模的门店改造和维修投资,以提升门店体验 [49] - 公司正在制定3年的技术路线图,包括提升忠诚度计划、POS系统和零售业务的技术投资 [76][77] 管理层对经营环境和未来前景的评论 - 公司财务表现低于预期,主要由于客流量疲软 [11] - 管理层相信通过执行战略转型计划,公司将能够提高相关性、提供顾客喜爱的食品和体验,并提高盈利能力 [15] - 管理层对门店运营指标的改善感到鼓舞,相信这些指标的改善最终将转化为客流量的增长 [12][13] - 管理层认为当前的消费者环境较为挑战,低收入消费者受到较大压力 [39] - 管理层对公司的定价策略和成本节约措施感到乐观,相信这些举措将有助于缓解利润压力 [31-33][50-52] 其他重要信息 - 公司计划在2024财年新开8-10家Maple Street门店 [26] - 公司预计2024财年总收入为34.7-35.1亿美元,全年定价约5% [26] - 公司预计2024财年商品成本基本持平,人工成本上涨约5% [26] - 公司预计2024财年资本支出为1.2-1.25亿美元 [27] - 公司将暂时放缓Maple Street的门店扩张,以集中资源投入Cracker Barrel主品牌 [23] 问答环节重要的提问和回答 问题1 **Jeff Farmer 提问** 询问公司在当前竞争激烈和促销活动频繁的环境下的近期top line策略 [30] **Julie Masino 回答** 公司相信自身的价值主张能够在当前环境中脱颖而出,正在通过早餐和晚餐时段的特价菜品来传达价值 [31-33] 问题2 **Todd Brooks 提问** 询问公司在消费者行为方面的观察,包括客单价和客流量的变化情况 [38] **Craig Pommells 回答** 公司观察到低收入消费者受到较大压力,客单价和加价情况有所下降,零售业务的转化率也有所下降 [39-40] 问题3 **Jake Bartlett 提问** 询问公司为何如此大幅增加门店改造投资,以及对此举的信心来源 [45] **Julie Masino 回答** 公司通过大量消费者调研发现,门店体验的相关性下降是导致客流量下滑的主要原因,因此决定进行大规模的门店改造投资 [46-48]

Cracker Barrel said it plans to raise its menu prices — even as it reported a revenue drop at its restaurants for the third quarter — after the Southernthemed restaurant chain's CEO admitted last week it was "just not as relevant" as it used to be. Cracker Barrel is the latest company that has struggled to turn a profit in an era of sticky inflation. It hopes that raising prices by 5% through the end of this year will help turn its fortunes. 3 Cracker Barrel on Thursday reported disappointing earnings for t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended April 26, 2024 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from___________ to ___________ Commission file number: 001-25225 Cracker Barrel Old Country Store, Inc. (Exact name of registrant as specified in its charter) Tenn ...

For the quarter ended April 2024, Cracker Barrel Old Country Store (CBRL) reported revenue of $817.14 million, down 1.9% over the same period last year. EPS came in at $0.88, compared to $1.21 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $826.55 million, representing a surprise of -1.14%. The company delivered an EPS surprise of +57.14%, with the consensus EPS estimate being $0.56. While investors scrutinize revenue and earnings changes year-over-year and how the ...

Cracker Barrel Old Country Store (CBRL) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 57.14%. A quarter ago, it was expected that this restaurant operator would post earnings of $1.29 per share when it actually produced earnings of $1.37, delivering a surprise of 6.20%. Over the la ...