earnings
confidence high
sentiment positive
materiality 0.70
Cracker Barrel Q4 FY21 rev $784.4M; board restores quarterly dividend to $1.30, authorizes $100M buyback
CRACKER BARREL OLD COUNTRY STORE, INC
2021-FY EPS reported
$10.71
revenue$2,821,444,000
- Q4 total revenue $784.4M, flat vs FY19; comp restaurant sales -6.8%, retail +18.2%.
- GAAP diluted EPS $1.53; adjusted diluted EPS $2.25.
- Board declares $1.30 quarterly dividend (pre-pandemic level), payable Nov 9, 2021 to holders of record Oct 22.
- Board authorizes share repurchases of up to $100M of outstanding common stock.
- FY2022: no annual guidance; expects mid-to-high single digit inflation, capex ~$120M, 3 new Cracker Barrel and 15 new Maple Street locations.