Cracker Barrel's Fiscal Q1 Adjusted Earnings, Revenue Rise; Fiscal 2025 Revenue Guidance Reaffirmed

MT Newswires Live

2024/12/04

Cracker Barrel Old Country Store (CBRL) reported fiscal Q1 adjusted earnings Wednesday of $0.45 per diluted share, up from $0.40 a year earlier.

Analysts polled by FactSet expected $0.37.

Total revenue for the quarter ended Nov. 1 was $845.1 million, up from $823.8 million a year earlier.

Analysts surveyed by FactSet expected $833.2 million.

For fiscal 2025, the company said it continues to expect total revenue in the range of $3.4 billion to $3.5 billion. Analysts polled by FactSet expect $3.45 billion.

Cracker Barrel's board maintained the company's quarterly dividend at $0.25 per share, payable Feb. 12 to shareholders of record as of Jan. 17.

Shares of the company were up 1.8% in recent Wednesday premarket activity.

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