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Stock impact report

Cracker Barrel Q4 Earnings & Revenues Lag, Stock Down [Yahoo! Finance]

Cracker Barrel Old Country Store, Inc. (CBRL) 
Last cracker barrel old country store, inc. earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cbrlgroup.com/investor-relations
Company Research Source: Yahoo! Finance
Cracker Barrel Old Country Store, Inc. CBRL posted fourth-quarter fiscal 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. The company's earnings also declined year over year. Following the results, the company's shares lost 1.1% on Thursday. Cracker Barrel is facing several challenges due to broader economic conditions. Persistent inflation, weak consumer confidence and rising interest rates are likely to adversely impact customer spending habits. Earnings & Revenues of CBRL In fourth-quarter fiscal 2024, the company reported adjusted earnings per share (EPS) of 98 cents, which missed the Zacks Consensus Estimate of $1.17. In the prior-year quarter, it reported adjusted EPS of $1.68. Quarterly revenues of $894.4 million missed the consensus mark of $899 million. However, the top line increased 6.9% year over year. The metric gained from an additional $62.8 million of revenues from the 53rd week and increased comparable-store restaurant sales. C Show less Read more
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