Cracker Barrel Beats Q3 Adjusted EPS Estimates, Raises Full-Year Revenue & EBITDA Guidance
CBRL sits 66% above its 52-week low of $24.85 on elevated volume (2.5× avg).
Summary
Cracker Barrel reported better-than-expected Q3 results, beating adjusted EPS estimates and raising its full-year revenue and adjusted EBITDA guidance, while also benefiting from a significant litigation settlement.
Key Events · Earnings and Guidance · CBRL
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Strong Q3 Adjusted EPS Beat
Reported adjusted earnings per diluted share of $0.29, significantly exceeding analyst estimates of -$0.45.
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Raised Fiscal 2026 Outlook
Increased full-year revenue guidance to $3.27 billion - $3.30 billion and adjusted EBITDA guidance to $120 million - $125 million, a notable increase from prior projections.
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Litigation Settlement Boosts GAAP Net Income
GAAP net income of $42.8 million was significantly aided by a $47.4 million benefit from an interchange fee litigation settlement.
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Quarterly Dividend Declared
The Board of Directors declared a quarterly dividend of $0.25 per share, payable on August 12, 2026.
Analysis · CBRL · Trade & Services
Cracker Barrel reported third-quarter adjusted earnings per share of $0.29, significantly surpassing analyst estimates of a -$0.45 loss. The company also raised its full-year fiscal 2026 revenue guidance to $3.27 billion - $3.30 billion and its adjusted EBITDA guidance to $120 million - $125 million, a substantial increase from previous projections. Additionally, a $47.4 million litigation settlement boosted GAAP net income, providing a one-time cash inflow.
At the time of this filing, CBRL was trading at $41.25 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $811.3M. The 52-week trading range was $24.85 to $71.93. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.