Cracker Barrel Q1 revenue down 1.9% to $823.8M, GAAP EPS $0.25 vs $0.77 prior

CRACKER BARREL OLD COUNTRY STORE, INC

2024-Q1 EPS reported $0.25 revenue$823,839,000

Revenue $823.8M (-1.9% YoY); comparable restaurant sales -0.5%, retail sales -8.1%.
GAAP EPS $0.25 (down 68% from $0.77); adjusted EPS $0.51 (down 48% from $0.99).
Board declared $1.30 quarterly dividend, payable Feb 13, 2024 to holders of record Jan 19, 2024.
FY2024 outlook: revenue $3.4-3.5B; GAAP operating income $95-115M; adjusted operating income $130-150M.
CEO Julie Masino cited improved traffic trends and early success of new Cracker Barrel Rewards loyalty program.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

CRACKER BARREL OLD COUNTRY STORE, INC reported first quarter of fiscal 2024 ended October 27, 2023 results: revenue $823.8 million, net income $5.5 million, EPS $0.25. Guidance reaffirmed.

Period: first quarter of fiscal 2024 ended October 27, 2023
Revenue: $823.8 million
Net income: $5.5 million
EPS: $0.25
Guidance: reaffirmed
Result: reported results

Exact text from the filing

its financial results for the first quarter of fiscal 2024 ended October 27, 2023. First Quarter Fiscal 2024 Highlights · The Company reported first quarter total revenue of $823.8 million. Compared to the prior year first quarter, total revenue decreased 1.9%. o Comparable store restaurant sales decreased 0.5%, while comparable store retail sales decreased 8.1%.

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49 earnings releases filed in the last 30 days. Browse all earnings releases →

CRACKER BARREL OLD COUNTRY STORE, INC filing history →

Source: SEC EDGAR

accession 0001104659-23-122235

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