Cracker Barrel Old Country Store (NASDAQ:CBRL) Stock Price Up 4.9% Following Earnings Beat

Posted by Francis Steltz on Sep 24th, 2026

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL – Get Free Report)’s stock price traded up 4.9% during mid-day trading on Thursday following a better than expected earnings announcement. The stock traded as high as $48.92 and last traded at $49.8440. Approximately 97,383 shares changed hands during trading, a decline of 92% from the average session volume of 1,188,253 shares. The stock had previously closed at $47.52.

The restaurant operator reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.82. The company had revenue of $849.34 million for the quarter, compared to the consensus estimate of $834.57 million. Cracker Barrel Old Country Store had a net margin of 0.79% and a return on equity of 2.78%. The company’s revenue was down 2.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.74 EPS.

Cracker Barrel Old Country Store Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 12th. Shareholders of record on Friday, October 16th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, October 16th. This represents a $1.00 dividend on an annualized basis and a yield of 2.0%. Cracker Barrel Old Country Store’s dividend payout ratio (DPR) is presently 86.21%.

More Cracker Barrel Old Country Store News

Here are the key news stories impacting Cracker Barrel Old Country Store this week:

Positive Sentiment: Strong quarterly earnings beat: Adjusted earnings were $0.99 per share, up from $0.74 a year earlier and well above the roughly $0.17 consensus estimate. GAAP EPS rose to $0.54 from $0.30, while revenue of $849.3 million also exceeded expectations of approximately $834.6 million. Cracker Barrel fiscal 2026 results and fiscal 2027 outlook
Positive Sentiment: Constructive fiscal 2027 outlook: Cracker Barrel forecast revenue of $3.3 billion to $3.4 billion, adjusted EBITDA of $180 million to $200 million and comparable restaurant sales growth of 3% to 5%. The guidance suggests management expects continued traffic and profitability improvement. Cracker Barrel fiscal 2027 outlook
Positive Sentiment: Operational initiatives and shareholder return: The company upgraded three popular menu items while emphasizing food quality, the guest experience and employees. It also declared a quarterly dividend of $0.25 per share, equivalent to approximately $1.00 annually and a 2.1% yield. Cracker Barrel menu upgrades
Neutral Sentiment: Technical momentum: CBRL moved above its 200-day moving average, a potentially supportive signal for momentum-oriented investors, though technical indicators do not change the company’s underlying fundamentals. Cracker Barrel shares cross above 200-day moving average
Negative Sentiment: Revenue and execution risks remain: Fourth-quarter revenue declined 2.2% year over year, and some analysts argued that the earnings improvement benefited from non-recurring items. Cost inflation, macroeconomic pressure and the challenge of converting comparable-sales growth into durable margin expansion could limit further gains. Cracker Barrel post-earnings analysis

Analysts Set New Price Targets

Several brokerages have commented on CBRL. Weiss Ratings upgraded shares of Cracker Barrel Old Country Store from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday. Argus lifted their price objective on Cracker Barrel Old Country Store from $40.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Piper Sandler reiterated a “neutral” rating and issued a $51.00 price objective on shares of Cracker Barrel Old Country Store in a report on Wednesday, July 22nd. Wall Street Zen raised Cracker Barrel Old Country Store from a “strong sell” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, Bank of America restated an “underperform” rating and set a $48.00 target price on shares of Cracker Barrel Old Country Store in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $50.57.

Check Out Our Latest Stock Report on CBRL

Institutional Trading of Cracker Barrel Old Country Store

A number of large investors have recently bought and sold shares of CBRL. Quantinno Capital Management LP bought a new stake in Cracker Barrel Old Country Store in the 1st quarter valued at $858,000. Biglari Sardar bought a new position in Cracker Barrel Old Country Store during the 2nd quarter worth about $3,685,215. Jupiter Asset Management Ltd. increased its holdings in Cracker Barrel Old Country Store by 173.6% during the 4th quarter. Jupiter Asset Management Ltd. now owns 155,530 shares of the restaurant operator’s stock worth $3,950,000 after purchasing an additional 98,686 shares in the last quarter. Pinnacle Holdings LLC acquired a new stake in shares of Cracker Barrel Old Country Store in the 2nd quarter valued at about $1,639,000. Finally, Fifth Third Bancorp raised its stake in shares of Cracker Barrel Old Country Store by 5,188.7% in the 1st quarter. Fifth Third Bancorp now owns 29,405 shares of the restaurant operator’s stock valued at $827,000 after purchasing an additional 28,849 shares during the period. 96.01% of the stock is owned by institutional investors.

Cracker Barrel Old Country Store Trading Up 4.7%

The company has a market capitalization of $1.11 billion, a P/E ratio of 43.01 and a beta of 1.19. The business has a fifty day moving average price of $53.83 and a 200 day moving average price of $41.96. The company has a quick ratio of 0.19, a current ratio of 0.50 and a debt-to-equity ratio of 0.72.

Cracker Barrel Old Country Store Company Profile

(Get Free Report)

Cracker Barrel Old Country Store, Inc operates a chain of full-service restaurants and retail stores under the Cracker Barrel brand. Its restaurants offer Southern-inspired, homestyle meals, including breakfast served throughout the day, lunch, dinner and seasonal menu items.

The company’s adjoining country stores sell a variety of merchandise, including home décor, apparel, gifts, toys, games, candy, music and food products. Cracker Barrel’s locations are designed around a nostalgic country-store and roadside dining experience, with many restaurants featuring front porches and rocking chairs.

Founded in 1969 by Dan Evins, the company opened its first location in Lebanon, Tennessee.