Cracker Barrel Q4 Fiscal 2026 Earnings Report Shows Revenue Growth and Turnaround Progress
Cracker Barrel Old Country Store reported fourth-quarter fiscal year 2026 results showing revenue of $849.3 million, with adjusted EBITDA rising to $62.1 million—a 11.4% increase from the prior year. While restaurant comparable sales declined by 2.1%, driven primarily by lower traffic despite higher pricing and average check sizes, retail sales grew slightly at 0.7%. The company cited improving guest satisfaction metrics, stronger food scores, and reduced employee turnover as signs of progress in its ongoing turnaround strategy. Looking ahead to fiscal year 2027, Cracker Barrel expects revenue between $3.325 billion and $3.4 billion with adjusted EBITDA projected at $180 million to $200 million. The company plans no new unit openings but will invest up to $125 million in capital expenditures while continuing efforts to enhance the guest experience, particularly during dinner service. New CEO Dave Deno emphasized Cracker Barrel's brand differentiation and potential for growth through improved food offerings, retail experiences, and loyalty personalization. CFO Craig Pommells noted gradual traffic improvements despite challenging year-over-year comparisons.
Tickers: $CBRL
Topics: EBITDA growth restaurant industry retail sales turnaround strategy