Cracker Barrel Delivers Surprise Profit Beat, Lift…
From Financial Modeling Prep: 2025-06-05 14:48:00
Cracker Barrel Old Country Store (NASDAQ:CBRL) exceeded earnings expectations for Q3 with adjusted EPS of $0.58, double Wall Street’s estimate. Despite revenue falling slightly short at $821.1 million, a 0.5% increase from last year, comparable restaurant sales increased by 1% while retail sales declined by 3.8%.
The chain’s core food service business drove a swing in net income from a $9.2 million loss to $12.6 million. Cracker Barrel raised full-year adjusted EBITDA guidance to $215–$225 million, showing confidence in cost control. Fiscal 2025 revenue outlook remains at $3.45 billion to $3.50 billion, signaling optimism in future growth.
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