Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL ) Q3 2025 Earnings Conference Call June 5, 2025 11:00 AM ET Company Participants Adam Hanan - Manager of Investor Relations Craig A. Pommells - Senior VP & CFO Julie Felss Masino - President, CEO & Director Conference Call Participants Brian Hugh Mullan - Piper Sandler & Co., Research Division Jake Rowland Bartlett - Truist Securities, Inc., Research Division Jeffrey Daniel Farmer - Gordon Haskett Research Advisors Sara Harkavy Senatore - BofA Securities, Research Division Todd Morrison Brooks - The Benchmark Company, LLC, Research Division Operator Good morning, everyone, and welcome to the Cracker Barrel Fiscal 2025 Third Quarter Conference Call.
Cracker Barrel Old Country Store, Inc.'s Q3 showed positive restaurant comps and improved operating income, but retail sales and margins remain pressured. The company beat EPS estimates significantly, signaling progress, yet overall earnings are down year-over-year due to prior one-time adjustments. Management raised full-year guidance, with controlled costs and lower-than-expected inflation, but retail segment and growth outlook still need improvement.
While the top- and bottom-line numbers for Cracker Barrel (CBRL) give a sense of how the business performed in the quarter ended April 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cracker Barrel Old Country Store (CBRL) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.88 per share a year ago.
Cracker Barrel (CBRL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
CBRL preps for fiscal third-quarter earnings with menu revamps and loyalty gains, but inflation and soft traffic may weigh on results.
Cracker Barrel (CBRL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Insider buying has been fairly slow since the beginning of the month, due largely to the current first-quarter earnings reporting season.
The chain is remodeling restaurants and adding new food options in an attempt to raise sales and broaden its range of diners.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Cracker Barrel is showing solid progress with positive same-store sales, revenue growth, and improved value scores, despite macroeconomic headwinds like Trump Tariffs and weather impacts. The restaurant's value-for-dollar equation, with lower average checks and generous portions, is key to attracting price-sensitive guests and driving traffic. Q2 FY 2025 results highlight revenue growth, improved gross profit, and a healthy balance sheet, reinforcing confidence in Cracker Barrel's turnaround strategy.