Cracker Barrel Old Q3 2024 Adj EPS $0.88 Beats $0.66 Estimate, Sales $817.135M Miss $820.614M Estimate

5/30/24 8:05:11 AM ET

Restaurants

Consumer Discretionary

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Cracker Barrel Old (NASDAQ:CBRL) reported quarterly earnings of $0.88 per share which beat the analyst consensus estimate of $0.66 by 33.33 percent. This is a 20 percent decrease over earnings of $1.10 per share from the same period last year. The company reported quarterly sales of $817.135 million which missed the analyst consensus estimate of $820.614 million by 0.42 percent. This is a 1.87 percent decrease over sales of $832.689 million the same period last year.

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Recent Analyst Ratings for
$CBRL

Date	Price Target	Rating	Analyst
11/18/2024	$52.00	Hold → Buy	Argus
8/6/2024		Buy → Hold	Argus
5/17/2024	$90.00	Buy → Neutral	CL King
7/18/2023	$96.00	Neutral	Piper Sandler
3/24/2023	$126.00	Hold → Buy	Argus
12/20/2022	$116.00	Buy	CL King
12/16/2022	$105.00	Neutral	UBS
8/2/2022	$109.00 → $100.00	Buy → Hold	Deutsche Bank

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$CBRL
Financials

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CRACKER BARREL REPORTS PRELIMINARY FIRST QUARTER FISCAL 2025 RESULTS AND REAFFIRMS FISCAL 2025 OUTLOOK
Strategic Transformation Plan on Track LEBANON, Tenn., Nov. 14, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its preliminary unaudited financial results for the first quarter of fiscal 2025 ended November 1, 2024 and reaffirmed its fiscal 2025 outlook. The Company plans to report final first quarter fiscal 2025 financial results on December 4, 2024. Preliminary First Quarter Fiscal 2025 Financial Highlights First quarter total revenue is expected to be approximately $845.1 million. Compared to the prior year first quarter, total revenue increased 2.6%.Comparable store restaurant sales increased 2.9%, outperformi
11/14/24 8:00:00 AM ET
$CBRL
Restaurants
Consumer Discretionary
/C O R R E C T I O N -- Biglari Capital Corp./
In the news release, Independent Proxy Advisory Firms ISS and Glass Lewis Agree Biglari Capital Has Made Compelling Case for Change at Cracker Barrel, issued 12-Nov-2024 by Biglari Capital Corp. over PR Newswire, we are advised by the company to disregard the original first sentence and the November 11, 2024 date below it. The complete, corrected release follows: Independent Proxy Advisory Firms ISS and Glass Lewis Agree Biglari Capital Has Made Compelling Case for Change at Cracker Barrel Glass Lewis Recommends that Shareholders Vote FOR Two of Biglari Capital's Nominees and ISS Recommends Shareholders Vote FOR One of Biglari Capital's Nominees Incumbent Directors Carl Berquist and Meg C
11/12/24 8:00:00 AM ET
$CBRL
Restaurants
Consumer Discretionary
Independent Proxy Advisory Firms ISS and Glass Lewis Agree Biglari Capital Has Made Compelling Case for Change at Cracker Barrel
Glass Lewis Recommends that Shareholders Vote FOR Two of Biglari Capital's Nominees and ISS Recommends Shareholders Vote FOR One of Biglari Capital's Nominees Incumbent Directors Carl Berquist and Meg Crofton Have Overseen Observably Poor Performance and Significant Shareholder Value Destruction ISS and Glass Lewis Both Cite Substantial Analyst Concern Over the Company's Costly Transformation Plan Biglari Capital Urges Shareholders to Vote the GOLD Proxy Card for All Three of Its Director Nominees. San Antonio, TX, Nov. 12, 2024 /PRNewswire/ -- Biglari Capital Corp. today issued the following letter to shareholders of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL). See below for the s
11/12/24 8:00:00 AM ET
$CBRL
Restaurants
Consumer Discretionary

Biglari Capital Corp. Issues Letter to Shareholders of Cracker Barrel Old Country Store, Inc.
San Antonio, TX, Oct. 8, 2024 /PRNewswire/ -- Biglari Capital Corp. today issued the following letter to shareholders of Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL). See below for the shareholder letter in its original form. Dear Shareholders of Cracker Barrel Old Country Store Inc.: Through affiliated entities, we have been shareholders of Cracker Barrel since 2011. We currently own 2,069,141 shares. Since 2019, the shareholders of Cracker Barrel have collectively lost over $2.9 billion in market value.1 As 9.3% owners of the stock, we have lost our proportional share. Neither the appointment of Julie Felss Masino as the Company's CEO nor her ne
10/8/24 7:00:00 AM ET
$CBRL
Restaurants
Consumer Discretionary
Cracker Barrel Appoints Sarah Moore as New Chief Marketing Officer
Skilled brand builder and growth driver has built successful career in hospitality by blending traditional marketing with innovation LEBANON, Tenn., July 18, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store® ("Cracker Barrel" or the "Company") (NASDAQ:CBRL) is pleased to announce the appointment of Sarah Moore as its Chief Marketing Officer, effective Monday, July 22. Moore's nearly 20 years of hospitality experience is a perfect match for the strong hospitality focus of Cracker Barrel. Her strategic experience in marketing, brand building, and guest engagement will be strong assets to Cracker Barrel as it evolves, taking what is beloved and differentiated about the brand and building o
7/18/24 4:05:00 PM ET
$CBRL
Restaurants
Consumer Discretionary
New Cracker Barrel Rewards™ Brings Guests the Rewards They Crave with the Care They Deserve
Introducing more ways to enjoy homestyle favorites and shop unique finds at our Old Country Store LEBANON, Tenn., Sept. 20, 2023 /PRNewswire/ -- Now, every visit to Cracker Barrel Old Country Store® can be even more rewarding with new Cracker Barrel Rewards™. Members of the unique program can earn Pegs (like points) through restaurant or retail purchases and redeem them for rewards. Plus, members can enjoy more of what they love from Cracker Barrel with Birthday, Anniversary and Surprise Bonus Rewards, and one-of-a-kind digital experiences just for being a member. Earn Pegs to
9/20/23 9:00:00 AM ET
$CBRL
Restaurants
Consumer Discretionary

Cracker Barrel Shareholders Support All 10 of the Company's Recommended Director Nominees Per Preliminary Results
LEBANON, Tenn., Nov. 21, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (NASDAQ:CBRL) today announced that the preliminary vote count from the Company's proxy solicitor indicates that its shareholders have voted to elect all 10 of Cracker Barrel's recommended nominees to the Company's Board of Directors at the 2024 Annual Meeting of Shareholders ("Annual Meeting"): Carl Berquist, Jody Bilney, Meg Crofton, Gilbert Dávila, John Garratt, Michael Goodwin, Cheryl Henry, Julie Masino, Gisel Ruiz, and Darryl "Chip" Wade. Sardar Biglari and Milena Alberti-Perez – who were nominated by entities Mr. Biglari controls and not recommended by the Board – di
11/21/24 12:31:00 PM ET
$CBRL
Restaurants
Consumer Discretionary
Cracker Barrel Board Continues to Misrepresent, says Biglari Capital Corp.
San Antonio, TX, Nov. 19, 2024 /PRNewswire/ -- Biglari Capital Corp. today issued the following news release regarding Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) As we quickly approach the 2024 Annual Meeting on Thursday, November 21st, Cracker Barrel continues to mislead investors. Stockholders do not need to read between the lines, they only need to read the Company's actual lines. What Cracker Barrel says about its $700 million plan on the Eve of the Annual Meeting: "Sardar Biglari continues to misrepresent Cracker Barrel's capital spending plan. We are NOT spending $600 - $700 million on store remodels over the next three years as Mr. Biglari falsely claims. Our strategic plan
11/19/24 2:59:00 PM ET
$CBRL
Restaurants
Consumer Discretionary
Cracker Barrel's Board Urges Shareholders to Vote the WHITE Card "FOR ONLY" Cracker Barrel's 10 Recommended Director Nominees in Advance of Company's Annual Meeting This Week
The Company's Strategic Transformation Plan Is Taking Hold and Showing Results Carl Berquist and Meg Crofton Have Been Change Agents and Bring Valuable Experience and Skillsets to Cracker Barrel's Board Election of Sardar Biglari and Milena Albert-Perez Would Jeopardize the Company's Momentum 2024 Annual Meeting of Shareholders Scheduled for November 21, 2024; For Additional Information on How to Vote Visit CrackerBarrelShareholders.com LEBANON, Tenn., Nov. 18, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (NASDAQ:CBRL) today reminds all shareholders to vote the universal WHITE proxy card "FOR ONLY" Cracker Barrel's 10 Recommended Director
11/18/24 12:46:00 PM ET
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Deep Dive Into Cracker Barrel Old Stock: Analyst Perspectives (8 Ratings)
In the latest quarter, 8 analysts provided ratings for Cracker Barrel Old (NASDAQ:CBRL), showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 3 3 2 Last 30D 0 0 0 1 0 1M Ago 0 0 0 0 0 2M Ago 0 0 2 0 1 3M Ago 0 0 1 2 1 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $50.5, a high estimate of $62.00, and a low estimate of
7/17/24 4:00:54 PM ET
$CBRL
Restaurants
Consumer Discretionary
B of A Securities Maintains Underperform on Cracker Barrel Old, Lowers Price Target to $46
B of A Securities analyst Sara Senatore maintains Cracker Barrel Old (NASDAQ:CBRL) with a Underperform and lowers the price target from $48 to $46.
7/17/24 1:04:31 PM ET
$CBRL
Restaurants
Consumer Discretionary
10 Consumer Discretionary Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Consumer Discretionary sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume TSLA CALL SWEEP BEARISH 07/12/24 $260.00 $56.8K 16.6K 132.6K AMZN CALL TRA
7/8/24 1:35:18 PM ET
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Catalog/Specialty Distribution
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Cracker Barrel Old Q3 2024 Adj EPS $0.88 Beats $0.66 Estimate, Sales $817.135M Miss $820.614M Estimate

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Recent Analyst Ratings for $CBRL

$CBRL Financials

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CRACKER BARREL REPORTS PRELIMINARY FIRST QUARTER FISCAL 2025 RESULTS AND REAFFIRMS FISCAL 2025 OUTLOOK

/C O R R E C T I O N -- Biglari Capital Corp./

Independent Proxy Advisory Firms ISS and Glass Lewis Agree Biglari Capital Has Made Compelling Case for Change at Cracker Barrel

$CBRL Insider Trading

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SVP, Chief Information Officer Hoffmeister Bruce converted options into 484 shares and covered exercise/tax liability with 944 shares, decreasing direct ownership by 5% to 8,640 units (SEC Form 4)

SVP & Generral Counsel Wolfson Richard M converted options into 867 shares and covered exercise/tax liability with 1,686 shares, decreasing direct ownership by 4% to 22,397 units (SEC Form 4)

SVP Chief Supply Chain Officer Spurgin Jim Mark covered exercise/tax liability with 345 shares, decreasing direct ownership by 6% to 5,361 units (SEC Form 4)

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$CBRL SEC Filings

Biglari Capital Corp. Issues Letter to Shareholders of Cracker Barrel Old Country Store, Inc.

Cracker Barrel Appoints Sarah Moore as New Chief Marketing Officer

New Cracker Barrel Rewards™ Brings Guests the Rewards They Crave with the Care They Deserve

Cracker Barrel upgraded by Argus with a new price target

Cracker Barrel downgraded by Argus

Cracker Barrel downgraded by CL King with a new price target

Cracker Barrel Shareholders Support All 10 of the Company's Recommended Director Nominees Per Preliminary Results

Cracker Barrel Board Continues to Misrepresent, says Biglari Capital Corp.

Cracker Barrel's Board Urges Shareholders to Vote the WHITE Card "FOR ONLY" Cracker Barrel's 10 Recommended Director Nominees in Advance of Company's Annual Meeting This Week

Amendment: SEC Form SC 13G/A filed by Cracker Barrel Old Country Store Inc

Amendment: SEC Form SC 13D/A filed by Cracker Barrel Old Country Store Inc

Amendment: SEC Form SC 13D/A filed by Cracker Barrel Old Country Store Inc

SEC Form DEFA14A filed by Cracker Barrel Old Country Store Inc

SEC Form DEFA14A filed by Cracker Barrel Old Country Store Inc

SEC Form DEFA14A filed by Cracker Barrel Old Country Store Inc

$CBRL Market Insights

Live Market Insights

Deep Dive Into Cracker Barrel Old Stock: Analyst Perspectives (8 Ratings)

B of A Securities Maintains Underperform on Cracker Barrel Old, Lowers Price Target to $46

10 Consumer Discretionary Stocks Whale Activity In Today's Session

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