Cracker Barrel Q3 Revenue Estimate Drops to $777M, Negative EPS Expected
CBRL sits 35% above its 52-week low of $24.85.
Summary
Analysts project Cracker Barrel's Q3'26 revenue at $776.98 million and an EPS of -$0.45. This estimate is notably lower than previous quarters' reported and estimated revenues, continuing a negative trend. It follows the company's Q2 report in March, which showed a 94% decline in net income and a 7.9% revenue drop. These lowered expectations set the benchmark for the upcoming Q3 earnings announcement on June 9th, which traders will watch closely for confirmation of the company's ongoing operational struggles.
At the time of this announcement, CBRL was trading at $33.65 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $783.6M. The 52-week trading range was $24.85 to $71.93. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.