Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Plans $0.25 Quarterly Dividend

Key Points

• Cracker Barrel declared a quarterly dividend of $0.25 per share, payable November 12 to shareholders of record October 16. The annualized dividend is $1.00 per share, yielding approximately 2.1%.
• The company reported quarterly EPS of $0.99, significantly exceeding the $0.17 consensus estimate, while revenue of $849.34 million slightly surpassed forecasts but declined 2.2% year over year.
• Management’s outlook calls for 3%–5% comparable-sales growth and $180 million–$200 million in adjusted EBITDA, although profitability remains thin with a 0.79% net margin.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL - Get Free Report) declared a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Friday, October 16th will be given a dividend of 0.25 per share by the restaurant operator on Thursday, November 12th. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, October 16th.

Cracker Barrel Old Country Store has decreased its dividend payment by an average of 0.2%annually over the last three years. Cracker Barrel Old Country Store has a payout ratio of 32.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Cracker Barrel Old Country Store to earn $1.27 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 78.7%.

Cracker Barrel Old Country Store Price Performance

Cracker Barrel Old Country Store stock traded up $2.04 during mid-day trading on Wednesday, hitting $47.52. The stock had a trading volume of 2,835,228 shares, compared to its average volume of 1,194,762. The company has a current ratio of 0.50, a quick ratio of 0.19 and a debt-to-equity ratio of 0.72. Cracker Barrel Old Country Store has a one year low of $24.85 and a one year high of $60.26. The firm's 50 day moving average is $53.91 and its 200 day moving average is $41.84. The firm has a market capitalization of $1.06 billion, a P/E ratio of 40.97 and a beta of 1.19.

Cracker Barrel Old Country Store (NASDAQ:CBRL - Get Free Report) last issued its earnings results on Wednesday, September 23rd. The restaurant operator reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.82. The company had revenue of $849.34 million for the quarter, compared to the consensus estimate of $844.99 million. Cracker Barrel Old Country Store had a return on equity of 2.78% and a net margin of 0.79%.The firm's quarterly revenue was down 2.2% on a year-over-year basis. During the same quarter last year, the company earned $0.74 EPS. On average, sell-side analysts forecast that Cracker Barrel Old Country Store will post 0.07 earnings per share for the current fiscal year.

Cracker Barrel Old Country Store News Roundup

Here are the key news stories impacting Cracker Barrel Old Country Store this week:

• Positive Sentiment: Large earnings beat: Fiscal Q4 adjusted EPS was $0.99, up from $0.74 a year earlier and well above the roughly $0.17-$0.20 analyst consensus. GAAP EPS rose to $0.54 from $0.30. Cracker Barrel Old Country Store Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Fiscal 2027 growth targets: Management projected 3%-5% restaurant comparable-sales growth and $180 million-$200 million in adjusted EBITDA, reinforcing the company’s recovery narrative. Cracker Barrel outlines fiscal 2027 adjusted EBITDA outlook
• Positive Sentiment: Investor reaction: The earnings beat and outlook prompted a sharp stock move higher, with coverage emphasizing improved operating and financial metrics. Cracker Barrel Stock Jumps After Earnings Top Wall Street Estimates
• Neutral Sentiment: Revenue remains pressured: Quarterly revenue was $849.3 million, slightly above estimates but down 2.2% year over year. Fiscal 2027 revenue guidance of $3.3 billion-$3.4 billion is near or slightly below the $3.4 billion consensus. Cracker Barrel adjusted profit rises despite revenue decline
• Negative Sentiment: Profitability is still thin: Despite the earnings improvement, Cracker Barrel reported a net margin of only 0.79%, leaving the company sensitive to labor, food and other operating-cost pressures.

Cracker Barrel Old Country Store Company Profile

Cracker Barrel Old Country Store, Inc operates a chain of full-service restaurants and retail stores under the Cracker Barrel brand. Its restaurants offer Southern-inspired, homestyle meals, including breakfast served throughout the day, lunch, dinner and seasonal menu items.

The company's adjoining country stores sell a variety of merchandise, including home décor, apparel, gifts, toys, games, candy, music and food products. Cracker Barrel's locations are designed around a nostalgic country-store and roadside dining experience, with many restaurants featuring front porches and rocking chairs.

Founded in 1969 by Dan Evins, the company opened its first location in Lebanon, Tennessee.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.