长期展望 - 公司提供了长期展望，预计2027财年销售额约为38亿至39亿美元，调整后的EBITDA约为3.75亿至4.25亿美元[3] 业务投资计划 - 公司计划加大对业务的投资以推动有机增长，将季度股息降至每股0.25美元[2] 财务业绩预期 - 公司预计2024财年第三和第四季度的财务业绩将低于先前预期，主要是由于交通流量低于预期[4]

LEBANON, Tenn., May 30, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the third quarter of fiscal 2024 ended April 26, 2024. Third Quarter Fiscal 2024 Highlights The Company reported third quarter total revenue of $817.1 million. Compared to the prior year third quarter, total revenue decreased 1.9%. Comparable store restaurant sales decreased 1.5%, while comparable store retail sales decreased 3.8%. GA ...

Cracker Barrel Old Country Store, Inc. (CBRL) is scheduled to report third-quarter fiscal 2024 results on May 30. In the last reported quarter, CBRL registered an earnings surprise of 6.2%. The Trend in Estimate Revision The Zacks Consensus Estimate for fiscal third-quarter earnings per share (EPS) is pegged at 56 cents, indicating a deterioration of 53.7% from $1.21 reported in the year-ago quarter. For revenues, the consensus mark is pegged at $826.6 million. The projection suggests a decline of 0.7% from ...

Wall Street analysts forecast that Cracker Barrel Old Country Store (CBRL) will report quarterly earnings of $0.56 per share in its upcoming release, pointing to a year-over-year decline of 53.7%. It is anticipated that revenues will amount to $826.55 million, exhibiting a decline of 0.7% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 13.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collect ...

The stock market might be at an all-time high, but that doesn’t mean every security is trending higher. On the contrary, there are a number of stocks sinking. Whether due to poor earnings, declining finances or other bad news, some share prices are on the downswing as investors head for the exits. While it might be advisable to eventually bottom fish these names, investors should exercise caution in the near-term.A lot of stocks that are sliding lower right now are doing so because the companies behind them ...

Cracker Barrel’s stock has been in freefall over the past week after its CEO admitted the biscuits-and-gravy chain is “just not as relevant” as it used to be — and failed to show investors a convincing plan to revamp its restaurants.The 54-year-old roadside eatery — with its Old Country Store and down-home menu of chicken fried steak, grits and hash brown casserole — has been steadily losing customers for the past decade. Its senior clientele, among its most loyal, fled during the pandemic and many have sin ...

Cracker Barrel Old Country Store (CBRL) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be rele ...

Dining out may have gained popularity during the post-lockdown recovery, but based on recent data, the American public may be losing some of its appetite for fast food, fast casual, and other dining establishments. This leaves restaurant stocks at risk of declining in price.Stocks in this sector have already been squeezed by factors like high inflation. During 2022 and 2023, the popularity of dining out stayed strong despite higher prices and smaller portions, but with U.S. economic growth slowing down, it’ ...

This dividend payer is drastically reducing its payments because it needs money to fix its business.Shares of restaurant chain Cracker Barrel Old Country Store (CBRL -12.24%) dropped like a rock on Friday after the company provided a business update and slashed its dividend. As of noon ET today, Cracker Barrel stock was down a disheartening 13% and now trades at its lowest price in 12 years.Bad news for dividend investorsOn the surface, it would seem like business is fine for Cracker Barrel. After all, its ...

Key TakeawaysCracker Barrel Old Country Store cuts its dividend 81% as it undertakes a “strategic transformation” of the restaurant and novelty store chain.The company will reduce its quarterly dividend to 25 cents from $1.30.Cracker Barrel also warned its results for the current and next quarter will be lower than previously anticipated. Shares of Cracker Barrel Old Country Store (CBRL) plunged over 12% in intraday trading Friday after the restaurant and novelty store chain slashed its dividend as it embar ...