Cracker Barrel Old Country Store Inc
NASDAQ:CBRL
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Cracker Barrel Old Country Store Inc
NASDAQ:CBRL
|
US |
|
ATS Corp
TSX:ATS
|
CA |
|
G
|
Genoray Co Ltd
KOSDAQ:122310
|
KR |
|
PowerSchool Holdings Inc
NYSE:PWSC
|
US |
Cracker Barrel Old Country Store Inc
Cracker Barrel Old Country Store Inc. intertwines the charm of Southern hospitality with a distinct retail experience. Founded in 1969 in Lebanon, Tennessee, by Dan Evins, the company was born out of the vision to provide a welcoming stop for travelers along the nation's highways. Today, it operates several hundred locations across the United States, each one a nostalgic throwback to comfort and tradition. At the heart of Cracker Barrel's business model is its dual offering: a homestyle restaurant serving up classic Southern dishes and a retail store filled with country-themed merchandise. This unique combination not only distinguishes the brand but also creates a multi-faceted revenue stream, drawing a customer base that values both the dining experience and the opportunity to explore the curated selection of gifts, home goods, and food products.
Cracker Barrel derives its income primarily from two sources: its restaurant and retail operations. The restaurants offer a menu laden with Southern classics such as biscuits, gravy, and fried chicken, captivating diners with an atmosphere that feels like a step back in time. It appeals to families, travelers, and nostalgia seekers, enhancing customer loyalty through comfort food and warm service. Simultaneously, the adjacent retail stores entice diners to linger longer, browsing through an assortment of merchandise that complements the rural, homey aesthetic synonymous with the Cracker Barrel brand. This clever synergy between dining and shopping boosts average ticket sizes and creates an integrated experience that captures the essence of Southern charm, ensuring that each visit is more than just a meal but a destination unto itself.
Cracker Barrel Old Country Store Inc. intertwines the charm of Southern hospitality with a distinct retail experience. Founded in 1969 in Lebanon, Tennessee, by Dan Evins, the company was born out of the vision to provide a welcoming stop for travelers along the nation's highways. Today, it operates several hundred locations across the United States, each one a nostalgic throwback to comfort and tradition. At the heart of Cracker Barrel's business model is its dual offering: a homestyle restaurant serving up classic Southern dishes and a retail store filled with country-themed merchandise. This unique combination not only distinguishes the brand but also creates a multi-faceted revenue stream, drawing a customer base that values both the dining experience and the opportunity to explore the curated selection of gifts, home goods, and food products.
Cracker Barrel derives its income primarily from two sources: its restaurant and retail operations. The restaurants offer a menu laden with Southern classics such as biscuits, gravy, and fried chicken, captivating diners with an atmosphere that feels like a step back in time. It appeals to families, travelers, and nostalgia seekers, enhancing customer loyalty through comfort food and warm service. Simultaneously, the adjacent retail stores entice diners to linger longer, browsing through an assortment of merchandise that complements the rural, homey aesthetic synonymous with the Cracker Barrel brand. This clever synergy between dining and shopping boosts average ticket sizes and creates an integrated experience that captures the essence of Southern charm, ensuring that each visit is more than just a meal but a destination unto itself.
Revenue: Q2 total sales $874.8 million, down 7.9% year‑over‑year; restaurant revenue $694.3 million and retail revenue $180.5 million.
Traffic: Comparable restaurant sales fell 7.1% with traffic down 10.1% in the quarter (Nov/Dec down ~10–11%, January down 9% with ~50 bps weather impact); management says trends improved in January and early February.
Profitability: GAAP EPS $0.06; adjusted EBITDA $38.2 million (4.4% of revenue) vs. $74.6 million a year ago; full‑year adjusted EBITDA guide $85 million–$100 million.
Cost & inflation: Commodity inflation ~1.3% in Q2; company now expects commodity inflation of 2%–2.5% and hourly inflation of 2.5%–3% for fiscal '26.
Cost actions: Corporate restructuring expected to deliver $20 million–$25 million of annualized G&A savings; advertising spend in H2 expected to be $13 million–$17 million lower vs. prior year.
Liquidity & capital: Ending debt $531.5 million; senior debt / adjusted EBITDA leverage 0.3; CapEx guidance reduced to $105 million–$115 million.
Guest experience & recovery: Management highlights improving guest metrics (Google star rating 4.28, food/taste/service/value scores +4–5%, management turnover down 10% YoY) and >11 million loyalty members who drive >40% of track sales.
