Cracker Barrel Old Country Store (NASDAQ:CBRL) Issues Earnings Results

Cracker Barrel Old Country Store (NASDAQ:CBRL) announced its earnings results on Thursday. The restaurant operator reported $0.98 earnings per share for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.19), Briefing.com reports. Cracker Barrel Old Country Store had a net margin of 1.77% and a return on equity of 22.11%. The company had revenue of $894.39 million for the quarter, compared to analysts’ expectations of $898.94 million. During the same quarter in the prior year, the firm posted $1.79 earnings per share. Cracker Barrel Old Country Store’s quarterly revenue was up 6.9% on a year-over-year basis. Cracker Barrel Old Country Store updated its FY 2025 guidance to EPS.

Cracker Barrel Old Country Store Trading Up 1.1 %

Shares of CBRL stock opened at $41.57 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.23 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $922.94 million, a price-to-earnings ratio of 15.34, a price-to-earnings-growth ratio of 0.94 and a beta of 1.42. Cracker Barrel Old Country Store has a 12-month low of $34.88 and a 12-month high of $83.51. The stock’s 50-day moving average price is $40.93 and its 200-day moving average price is $50.10.

Cracker Barrel Old Country Store Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 13th. Stockholders of record on Friday, October 18th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, October 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.41%. Cracker Barrel Old Country Store’s payout ratio is 36.90%.

Analyst Ratings Changes

CBRL has been the topic of several research reports. Truist Financial raised their target price on Cracker Barrel Old Country Store from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Friday. Benchmark raised shares of Cracker Barrel Old Country Store to a “hold” rating in a report on Monday, June 3rd. Citigroup dropped their price target on shares of Cracker Barrel Old Country Store from $48.00 to $42.00 and set a “sell” rating on the stock in a research note on Friday, May 31st. Argus lowered Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Finally, StockNews.com upgraded Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Friday. Two investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $53.57.

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.