Cracker Barrel Reports Q4 Earnings with Revenue Decline but Higher Adjusted EBITDA
Cracker Barrel (CBRL) reported fourth-quarter results for fiscal year 2026, showing a revenue decline of 2.2% to $849.3 million due primarily to lower restaurant traffic. Comparable store sales also fell by 2.1%, driven largely by a significant drop in guest visits. Despite the dip in revenue, adjusted EBITDA rose 11.4% year-over-year to $62.1 million as cost management efforts helped offset some of the top-line pressure. The company highlighted several strategic initiatives aimed at improving performance for fiscal year 2027, including menu pricing adjustments and a focus on enhancing guest experience through loyalty program engagement. Cracker Barrel also provided updated guidance, projecting FY27 revenue between $3.325 billion to $3.4 billion with adjusted EBITDA expected in the range of $180 million to $200 million.
Tickers: $CBRL
Topics: comparable_sales debt_reduction ebitda guidance revenue