earnings
confidence high
sentiment negative
materiality 0.80
Cracker Barrel Q3 revenue $817.1M, down 1.9%; adjusted EPS $0.88 vs $1.11 YoY
CRACKER BARREL OLD COUNTRY STORE, INC
2024-Q3 EPS reported
$1.02
revenue$2,576,375,000
- Total revenue $817.1M, down 1.9% YoY; comparable restaurant sales -1.5%, retail -3.8%.
- GAAP diluted EPS loss $(0.41); adjusted diluted EPS $0.88, down 20.7% from $1.11.
- Adjusted EBITDA $47.9M (5.9% of revenue) vs $59.6M (7.2%) prior year.
- Quarterly dividend maintained at $0.25/share, payable Aug 6, 2024.
- FY2024 outlook: revenue $3.47-3.51B, adjusted EBITDA $200-220M, capex $120-125M.