Cracker Barrel Old Country Store Inc
XMUN:OLD

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Cracker Barrel Old Country Store Inc Logo
Cracker Barrel Old Country Store Inc
XMUN:OLD
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Price: 49.34 EUR -1.83% Market Closed
Market Cap: €3B

Cracker Barrel Old Country Store Inc
Investor Relations

Cracker Barrel Old Country Store runs a chain of roadside restaurants paired with country-store retail shops. The restaurants serve homestyle breakfast, lunch, and dinner, while the stores sell packaged foods, candy, gifts, toys, clothing, and seasonal merchandise. The company is known for a familiar Southern-style dining experience and a retail area that encourages extra purchases after the meal. Its main customers are travelers, families, and casual diners looking for an easy sit-down meal, along with shoppers buying snacks, gifts, and comfort items. Cracker Barrel makes money mostly from food and beverage sales in its restaurants and from merchandise sales in its stores. A smaller part of the business comes from selling branded products and related retail items through other channels. What makes the business model different is the combination of dining and retail under one roof. The restaurant draws traffic, and the store adds a second chance to spend from the same customer visit. That mix gives Cracker Barrel a role as both a casual dining chain and a specialty country-store brand, which helps it stand apart from restaurants that only sell meals.

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Last Earnings Call
Fiscal Period
Q4 2026
Call Date
Sep 23, 2026
AI Summary
Q4 2026

Q4 results: Revenue was $849.3 million, and adjusted EBITDA was $62.1 million, up 11.4% year over year; management said both results exceeded expectations.

Sales trends: Comparable restaurant sales declined 2.1%, including a 6.1% traffic decline, but management said the underlying traffic trend continued to improve. Retail comparable sales rose 0.7%, the strongest growth since Q2 fiscal 2023.

Fiscal 2027: Cracker Barrel expects revenue of $3.325 billion to $3.4 billion and adjusted EBITDA of $180 million to $200 million, with restaurant comparable sales growth of approximately 3% to 5%.

Business priorities: New CEO Dave Deno emphasized improving food, guest experience and employee support, with dinner food quality a key opportunity. Food-quality investments are included in guidance.

Profit drivers: Management cited improving traffic, menu mix and cost-efficiency initiatives as drivers of the expected EBITDA increase, while saying it would avoid cost cuts that guests would notice.

Balance sheet: Debt ended the quarter at $337.2 million, down $147.4 million from a year earlier, with $541.3 million of available liquidity. Management said capital allocation would balance investment in the business with a conservative balance sheet and shareholder returns.

Key Financials
Total revenue
$849.3 million
Restaurant revenue
$698.5 million
Retail revenue
$150.8 million
Comparable store restaurant sales
-2.1%
Restaurant traffic
-6.1%
Restaurant average check
+4.2%
Restaurant pricing
+4.4%
Off-premise sales
19% of restaurant sales
Comparable store retail sales
+0.7%
Adjusted EBITDA
$62.1 million
Adjusted EBITDA margin
7.3% of total revenue
Total cost of goods sold
28.8% of total revenue
Restaurant cost of goods sold
26% of restaurant sales
Commodity inflation
3.1%
Labor and related expenses
37.5% of revenue
Hourly wage inflation
Approximately 2%
GAAP earnings per diluted share
$0.54
Net interest expense
$3 million
Total debt
$337.2 million
Available liquidity
$541.3 million
Capital expenditures
$27.4 million in Q4
Adjusted income taxes
$1.1 million
Cracker Barrel Rewards members
Over 12.5 million
Tracked sales from Rewards members
Over 40%
Marketing and advertising spend
About 3% of sales in the second half of fiscal 2026
Earnings Call Recording
Other Earnings Calls

Management

Ms. Julie Felss Masino
President, CEO & Director
No Bio Available
Mr. Craig A. Pommells
Senior VP & CFO
No Bio Available
Mr. Richard M. Wolfson J.D.
Senior VP, General Counsel & Corporate Secretary
No Bio Available
Ms. Donna L. Roberts
Senior VP & Chief Human Resources Officer
No Bio Available
Ms. Laura A. Daily
Senior VP and Chief of Merchant & Retail Supply Chain
No Bio Available
Mr. William W. Moreton
Advisor
No Bio Available
Mr. Brian T. Vaclavik
VP, Controller & Principal Accounting Officer
No Bio Available
Mr. Bruce A. Hoffmeister
Senior VP & Chief Information Officer
No Bio Available
Kaleb Johannes
Vice President of Investor Relations
No Bio Available
Sherri L. Moore
Vice President of Sales & Retail Services
No Bio Available

Contacts

Address
TENNESSEE
Lebanon
Po Box 787
Contacts