Zacks Research Has Negative Forecast for CBRL Q1 Earnings

Key Points

• Zacks Research has significantly lowered its Q1 2026 earnings estimate for Cracker Barrel to ($0.61) per share, down from a previous estimate of $0.51, and maintains a "Strong Sell" rating on the stock.
• Cracker Barrel reported $0.74 earnings per share for the last quarter, missing expectations by 3 cents, while also experiencing a 2.9% decrease in year-over-year revenue.
• The company has announced a quarterly dividend of $0.25 per share, representing an annualized yield of 2.3%, which is part of a payout ratio of 48.31%.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL - Free Report) - Equities research analysts at Zacks Research lowered their Q1 2026 earnings estimates for shares of Cracker Barrel Old Country Store in a research report issued to clients and investors on Monday, September 29th. Zacks Research analyst Team now anticipates that the restaurant operator will post earnings of ($0.61) per share for the quarter, down from their prior forecast of $0.51. Zacks Research has a "Strong Sell" rating on the stock. The consensus estimate for Cracker Barrel Old Country Store's current full-year earnings is $2.76 per share. Zacks Research also issued estimates for Cracker Barrel Old Country Store's Q4 2026 earnings at $1.15 EPS, FY2026 earnings at $2.24 EPS, Q1 2027 earnings at ($0.01) EPS, Q2 2027 earnings at $1.08 EPS, Q4 2027 earnings at $1.25 EPS and FY2027 earnings at $2.98 EPS.

Cracker Barrel Old Country Store (NASDAQ:CBRL - Get Free Report) last announced its quarterly earnings data on Wednesday, September 17th. The restaurant operator reported $0.74 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by ($0.03). Cracker Barrel Old Country Store had a return on equity of 15.48% and a net margin of 1.33%.The firm had revenue of $868.01 million during the quarter, compared to analysts' expectations of $853.90 million. During the same quarter in the previous year, the firm earned $0.98 earnings per share. Cracker Barrel Old Country Store's revenue was down 2.9% on a year-over-year basis. Cracker Barrel Old Country Store has set its FY 2026 guidance at EPS.

CBRL has been the subject of a number of other reports. Bank of America decreased their target price on shares of Cracker Barrel Old Country Store from $48.00 to $42.00 and set an "underperform" rating for the company in a research note on Thursday, September 18th. Truist Financial set a $58.00 target price on shares of Cracker Barrel Old Country Store in a research note on Thursday, September 18th. Wall Street Zen lowered shares of Cracker Barrel Old Country Store from a "hold" rating to a "strong sell" rating in a research note on Saturday, September 20th. Citigroup decreased their target price on shares of Cracker Barrel Old Country Store from $47.00 to $42.00 and set a "sell" rating for the company in a research note on Thursday, September 18th. Finally, UBS Group reiterated a "neutral" rating and set a $69.00 target price (up from $60.00) on shares of Cracker Barrel Old Country Store in a research note on Monday, July 14th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus target price of $52.14.

Cracker Barrel Old Country Store Price Performance

Shares of CBRL opened at $43.38 on Thursday. The firm has a market cap of $966.07 million, a PE ratio of 20.96 and a beta of 1.33. The company has a current ratio of 0.50, a quick ratio of 0.21 and a debt-to-equity ratio of 0.73. The firm has a fifty day simple moving average of $54.74 and a two-hundred day simple moving average of $52.93. Cracker Barrel Old Country Store has a 1-year low of $33.85 and a 1-year high of $71.93.

Cracker Barrel Old Country Store Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 17th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, October 17th. This represents a $1.00 annualized dividend and a yield of 2.3%. Cracker Barrel Old Country Store's payout ratio is 48.31%.

Hedge Funds Weigh In On Cracker Barrel Old Country Store

Several institutional investors and hedge funds have recently bought and sold shares of CBRL. GMT Capital Corp bought a new position in Cracker Barrel Old Country Store in the 1st quarter worth $78,750,000. Jump Financial LLC bought a new position in Cracker Barrel Old Country Store in the 1st quarter worth $389,000. Trexquant Investment LP bought a new position in Cracker Barrel Old Country Store in the 1st quarter worth $4,795,000. Capital Investment Counsel Inc boosted its holdings in Cracker Barrel Old Country Store by 53.2% in the 1st quarter. Capital Investment Counsel Inc now owns 28,442 shares of the restaurant operator's stock worth $1,104,000 after buying an additional 9,875 shares during the period. Finally, Bayforest Capital Ltd bought a new position in Cracker Barrel Old Country Store in the 1st quarter worth $342,000. 96.01% of the stock is currently owned by hedge funds and other institutional investors.

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.

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