earnings
confidence high
sentiment negative
materiality 0.75
Cracker Barrel Q3 GAAP EPS $0.63 (-47% YoY); revenue up 5.4% to $832.7M; dividend $1.30
CRACKER BARREL OLD COUNTRY STORE, INC
2023-Q3 EPS reported
$2.77
revenue$2,606,076,000
- GAAP EPS $0.63 vs $1.19 prior year; adjusted EPS $1.21 vs $1.29.
- Total revenue $832.7M (+5.4% YoY); comp restaurant sales +7.4%, retail -4.6%.
- GAAP operating income $16.8M (2.0% of revenue) vs $30.5M (3.9%) prior year.
- Board declares quarterly dividend $1.30/share, payable Aug 8, 2023 to holders of record July 21.
- Q4 outlook: revenue growth 1-3%, GAAP operating margin 4.1-5.1%, cost savings ~$30M for FY2023.