secwatch.observer — SEC 8-K summary
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Issuer:     CRACKER BARREL OLD COUNTRY STORE, INC (CBRL)
CIK:        0001067294
Form:       8-K
Filed at:   2023-11-30T23:59:59+00:00
Accession:  0001104659-23-122235
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1067294/000110465923122235/0001104659-23-122235-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1067294/000110465923122235/tm2331768d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-122235

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer