Cracker Barrel Old Country Store, Inc.

Cracker Barrel Old Country Store, Inc. Earnings Recaps

CBRL Consumer Discretionary 2 recaps
Next earnings: September 16, 2026 (estimated) · full calendar
Q3 2026 Jun 11, 2026

Cracker Barrel shares surged 30% post-earnings as strong cost management, improved traffic and check, and solid operational execution clearly outperformed market expectations.

Key takeaways
  • Q3 revenue reached $797 million with adjusted EBITDA of $40 million, driven by effective expense control.
  • Guest experience metrics improved notably: Google star rating up 4%, food taste/service up 5%, and food temperature scores up 7% year over year.
  • Managerial turnover improved 6%, outperforming industry trends, supporting operational stability.
  • Loyalty program expanded to nearly 12 million members with over 40% of sales tracked to members, underpinning traffic growth.
  • Menu innovation and value initiatives, including new offerings and barbell pricing, contributed to increased guest satisfaction and check.
Q2 2026 Mar 5, 2026

Cracker Barrel reported strong Q2 results with total sales of $874.8 million and adjusted EBITDA of $38.2 million, marking a solid step toward improved operational performance and guest engagement.

Key takeaways
  • Achieved highest Google star rating since Q2 FY20 at 4.28, signaling improved guest satisfaction.
  • Notable 10% year-over-year improvement in management turnover, contributing to operational stability.
  • Successfully reintroduced popular menu items and introduced new offerings, positively impacting sales and guest preference.
  • Launched effective value-driven promotions, resulting in a meaningful lift in guest traffic and preference.
  • Continued focus on enhancing food quality and menu innovation, expected to further support profitability and guest satisfaction.