Cracker Barrel Old Country Store ( (CBRL) ) has released its Q4 earnings. Here is a breakdown of the information Cracker Barrel Old Country Store presented to its investors.
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Cracker Barrel Old Country Store, Inc. is a well-known American restaurant and retail chain that offers homestyle meals and unique retail items, primarily in the casual dining sector, with a focus on country hospitality and tradition. The company operates approximately 660 locations across 43 states and owns the fast-casual Maple Street Biscuit Company.
In its latest earnings report for the fourth quarter and full fiscal year 2025, Cracker Barrel reported a total revenue of $868 million for the quarter, showing a 2.9% decrease compared to the previous year, which had an extra week. However, when adjusted for this 53rd week, revenue actually increased by 4.4%. The company also highlighted a 5.4% increase in comparable store restaurant sales, though retail sales saw a slight decline of 0.8%.
Key financial metrics revealed a GAAP net income of $6.8 million for the quarter, down from $18.1 million the previous year, largely due to the absence of the 53rd week. Adjusted EBITDA for the quarter was $55.7 million, reflecting an 8.0% increase when adjusted for the extra week, driven by strategic pricing and improved labor productivity. For the full fiscal year, total revenue was $3.48 billion, with a GAAP net income of $46.4 million, marking a 30.9% increase when adjusted for the 53rd week.
Looking ahead, Cracker Barrel’s management remains optimistic, focusing on enhancing guest experiences and operational efficiencies. The company plans to open two new stores while closing 14 Maple Street units in fiscal 2026. Despite anticipating a decline in store traffic, the company projects total revenue between $3.35 billion and $3.45 billion, with adjusted EBITDA expected to range from $150 million to $190 million.
Overall, Cracker Barrel is poised to continue its strategic initiatives, focusing on maintaining its traditional appeal while adapting to changing market conditions and consumer preferences.