Cracker Barrel Old Country Store (NASDAQ:CBRL – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.450-0.450 for the period, compared to the consensus EPS estimate of 0.340. The company issued revenue guidance of $845.1 million-$845.1 million, compared to the consensus revenue estimate of $826.4 million. Cracker Barrel Old Country Store also updated its FY 2025 guidance to EPS.
Wall Street Analysts Forecast Growth
Several research firms recently commented on CBRL. Argus downgraded shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. StockNews.com raised shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a report on Friday, September 20th. Bank of America increased their target price on shares of Cracker Barrel Old Country Store from $40.00 to $42.00 and gave the company an “underperform” rating in a research report on Friday, September 20th. UBS Group dropped their price target on Cracker Barrel Old Country Store from $55.00 to $42.00 and set a “neutral” rating on the stock in a research note on Thursday, September 19th. Finally, Truist Financial upped their target price on Cracker Barrel Old Country Store from $42.00 to $44.00 and gave the company a “hold” rating in a research report on Friday, September 20th. Two analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. According to data from MarketBeat, Cracker Barrel Old Country Store currently has a consensus rating of “Hold” and a consensus price target of $53.57.
View Our Latest Stock Analysis on CBRL
Cracker Barrel Old Country Store Trading Up 6.2 %
Cracker Barrel Old Country Store (NASDAQ:CBRL – Get Free Report) last released its quarterly earnings results on Thursday, September 19th. The restaurant operator reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.17 by ($0.19). The company had revenue of $894.39 million for the quarter, compared to analyst estimates of $898.94 million. Cracker Barrel Old Country Store had a return on equity of 18.65% and a net margin of 1.18%. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the company earned $1.79 EPS. As a group, equities analysts forecast that Cracker Barrel Old Country Store will post 2.94 EPS for the current fiscal year.
Cracker Barrel Old Country Store Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Friday, October 18th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, October 18th. This represents a $1.00 annualized dividend and a dividend yield of 2.08%. Cracker Barrel Old Country Store’s payout ratio is 54.35%.
About Cracker Barrel Old Country Store
Cracker Barrel Old Country Store, Inc develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of restaurants with a gift shop. The company's restaurants serve breakfast, lunch, and dinner daily, as well as dine-in, pick-up, and delivery services.
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