Cracker Barrel Exceeds Earnings Estimates in Q4 Fiscal 2026
Cracker Barrel Old Country Store reported better-than-expected fiscal fourth-quarter results for 2026, with adjusted earnings of $0.99 per diluted share compared to analysts' expectations of $0.26 per share. Revenue came in at $849.3 million, slightly down from the previous year but above forecasts. GAAP net income rose significantly to $12.2 million, and EBITDA reached $62.1 million, aided by tariff refunds. The company also provided a fiscal 2027 outlook with revenue projections between $3.325 billion and $3.4 billion—slightly below analyst expectations—and plans for no new store openings. Cracker Barrel announced an increase in its quarterly dividend to $0.25 per share, while reducing total debt by repaying convertible notes and using proceeds from a sale-leaseback of 26 locations. Under the leadership of newly appointed CEO David Deno, who replaced Julie Masino, Cracker Barrel also divested its Maple Street Biscuit Company subsidiary during the quarter. The company now operates 655 company-owned stores.
Topics: adjusted earnings earnings EBITDA revenue stock price movement