Zacks Research Issues Negative Estimate for CBRL Earnings

Key Points

• Zacks Research has downgraded its Q2 2026 earnings estimate for Cracker Barrel Old Country Store from $1.43 to $1.23 per share, maintaining a "Strong Sell" rating on the stock.
• The company reported a quarterly earnings miss of $0.74 per share, falling short of the consensus estimate of $0.77, and experienced a revenue decline of 2.9% compared to the previous year.
• Cracker Barrel announced a quarterly dividend of $0.25 per share, with an annualized yield of 2.3% and a payout ratio of 48.31%.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL - Free Report) - Equities researchers at Zacks Research decreased their Q2 2026 earnings per share estimates for shares of Cracker Barrel Old Country Store in a research note issued to investors on Monday, September 29th. Zacks Research analyst Team now forecasts that the restaurant operator will post earnings per share of $1.23 for the quarter, down from their prior estimate of $1.43. Zacks Research currently 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 Q3 2026 earnings at $0.48 EPS, Q3 2027 earnings at $0.66 EPS and FY2028 earnings at $3.57 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 the consensus estimate 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 business had revenue of $868.01 million for the quarter, compared to the consensus estimate of $853.90 million. During the same quarter in the prior year, the company earned $0.98 earnings per share. Cracker Barrel Old Country Store's quarterly revenue was down 2.9% compared to the same quarter last year. Cracker Barrel Old Country Store has set its FY 2026 guidance at EPS.

Several other analysts have also recently weighed in on the company. Wall Street Zen cut Cracker Barrel Old Country Store from a "hold" rating to a "strong sell" rating in a report on Saturday, September 20th. Loop Capital lifted their target price on Cracker Barrel Old Country Store from $50.00 to $55.00 and gave the stock a "hold" rating in a report on Friday, June 6th. Argus dropped their price target on Cracker Barrel Old Country Store from $62.00 to $50.00 and set a "buy" rating on the stock in a research note on Monday. Citigroup reduced their price objective on shares of Cracker Barrel Old Country Store from $47.00 to $42.00 and set a "sell" rating for the company in a report on Thursday, September 18th. Finally, Piper Sandler dropped their price objective on Cracker Barrel Old Country Store from $56.00 to $49.00 and set a "neutral" rating on the stock in a research note on Thursday, September 18th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Reduce" and an average target price of $52.14.

Cracker Barrel Old Country Store Stock Down 2.0%

CBRL stock opened at $44.06 on Wednesday. The firm has a 50-day moving average price of $55.31 and a 200-day moving average price of $52.99. Cracker Barrel Old Country Store has a 12 month low of $33.85 and a 12 month high of $71.93. 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 stock has a market capitalization of $981.13 million, a P/E ratio of 21.29 and a beta of 1.41.

Cracker Barrel Old Country Store Announces Dividend

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

Institutional Trading of Cracker Barrel Old Country Store

Large investors have recently added to or reduced their stakes in the business. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Cracker Barrel Old Country Store during the first quarter worth about $25,000. Brooklyn Investment Group bought a new position in Cracker Barrel Old Country Store in the 1st quarter valued at $30,000. Assetmark Inc. increased its position in shares of Cracker Barrel Old Country Store by 517.3% during the second quarter. Assetmark Inc. now owns 500 shares of the restaurant operator's stock worth $31,000 after acquiring an additional 419 shares during the period. Canada Pension Plan Investment Board bought a new stake in Cracker Barrel Old Country Store during the 2nd quarter valued at $37,000. Finally, Meeder Asset Management Inc. purchased a new stake in Cracker Barrel Old Country Store in the first quarter worth about $45,000. 96.01% of the stock is currently owned by 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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