Zacks Research Has Strong Estimate for CBRL FY2026 Earnings

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) – Equities researchers at Zacks Research upped their FY2026 EPS estimates for Cracker Barrel Old Country Store in a research report issued on Tuesday, June 23rd. Zacks Research analyst Team now anticipates that the restaurant operator will post earnings per share of ($0.40) for the year, up from their previous forecast of ($0.96). The consensus estimate for Cracker Barrel Old Country Store’s current full-year earnings is ($0.97) per share. Zacks Research also issued estimates for Cracker Barrel Old Country Store’s Q4 2026 earnings at ($0.20) EPS, Q1 2027 earnings at ($0.27) EPS, Q3 2027 earnings at $0.16 EPS, Q4 2027 earnings at $0.21 EPS and Q1 2028 earnings at ($0.17) EPS.

Other equities analysts also recently issued research reports about the company. Benchmark reaffirmed a “hold” rating on shares of Cracker Barrel Old Country Store in a research report on Wednesday, June 10th. Wall Street Zen raised shares of Cracker Barrel Old Country Store from a “strong sell” rating to a “hold” rating in a research note on Saturday, June 13th. Argus raised their price target on shares of Cracker Barrel Old Country Store from $40.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Citigroup lifted their price objective on shares of Cracker Barrel Old Country Store from $28.00 to $34.00 and gave the company a “sell” rating in a report on Wednesday, June 10th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Cracker Barrel Old Country Store in a research report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $42.14.

Cracker Barrel Old Country Store Trading Up 4.1%

Shares of NASDAQ CBRL opened at $48.38 on Thursday. Cracker Barrel Old Country Store has a fifty-two week low of $24.85 and a fifty-two week high of $71.93. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.19 and a current ratio of 0.50. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 41.71 and a beta of 1.30. The business’s 50 day moving average price is $34.56 and its 200-day moving average price is $31.26.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its earnings results on Tuesday, June 9th. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.45) by $0.74. The business had revenue of $797.37 million during the quarter, compared to analyst estimates of $776.69 million. Cracker Barrel Old Country Store had a return on equity of 2.78% and a net margin of 0.79%.The company’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.56 earnings per share.

Hedge Funds Weigh In On Cracker Barrel Old Country Store

Institutional investors have recently made changes to their positions in the company. Axiom Investment Management LLC bought a new stake in shares of Cracker Barrel Old Country Store in the first quarter valued at about $28,000. Parvin Asset Management LLC grew its holdings in Cracker Barrel Old Country Store by 7.4% during the 1st quarter. Parvin Asset Management LLC now owns 16,635 shares of the restaurant operator’s stock worth $468,000 after acquiring an additional 1,150 shares in the last quarter. Royal Bank of Canada increased its position in Cracker Barrel Old Country Store by 55.0% during the 1st quarter. Royal Bank of Canada now owns 153,397 shares of the restaurant operator’s stock valued at $4,312,000 after purchasing an additional 54,431 shares during the period. Maverick Capital Ltd. purchased a new position in Cracker Barrel Old Country Store during the 1st quarter valued at about $251,000. Finally, Quantinno Capital Management LP bought a new stake in shares of Cracker Barrel Old Country Store in the 1st quarter valued at about $858,000. Hedge funds and other institutional investors own 96.01% of the company’s stock.

Cracker Barrel Old Country Store Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 12th. Stockholders of record on Friday, July 17th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, July 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.1%. Cracker Barrel Old Country Store’s dividend payout ratio is presently 86.21%.

Cracker Barrel Old Country Store News Summary

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to a smaller loss of $0.40 from a prior forecast of $0.96, suggesting a more constructive near-term outlook for Cracker Barrel Old Country Store (CBRL).
• Positive Sentiment: The firm also increased its Q2 2027 EPS estimate to $0.55 from $0.46, which may be seen as a sign of improving profitability expectations.
• Positive Sentiment: Zacks lifted its Q3 2027 EPS estimate to $0.16 from $0.06, reinforcing optimism about the company’s longer-term earnings recovery.
• Neutral Sentiment: The company still faces soft earnings expectations overall, with consensus for the current full year at a loss of $0.97 per share, indicating the turnaround is not yet complete.
• Negative Sentiment: Zacks also cut several other forecast periods, including Q4 2026, Q1 2027, Q4 2027, Q1 2028, Q2 2028, Q3 2028, and FY2027/FY2028 estimates, which tempers the upbeat revisions and highlights ongoing uncertainty. Article Source

Cracker Barrel Old Country Store Company Profile

Cracker Barrel Old Country Store, Inc operates a distinctive combination of country-themed restaurants and retail stores across the United States. Since its founding in 1969, the company has focused on providing a nostalgic dining experience reminiscent of Southern hospitality, serving breakfast, lunch and dinner with an emphasis on traditional comfort foods.

The restaurant segment offers an extensive menu featuring signature items such as buttermilk pancakes, country ham, biscuits and gravy, meatloaf and pot roast.