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Cracker Barrel's Financial Performance and Ratios Analysis

  • Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) reported a Q1 2026 EPS of -$0.74 (Adjusted EPS), exceeding consensus estimates despite a revenue decline of 5.7% year-over-year.
  • Despite recent losses, Cracker Barrel has surpassed consensus EPS estimates in three of the past four quarters, showcasing resilience in its earnings performance.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) is a prominent player in the retail-restaurant industry, known for its Southern country-themed restaurants and gift stores. Competing with chains like Denny's and Bob Evans, Cracker Barrel reported an earnings per share (EPS) of -$1.10 for December 9, 2025 (GAAP earnings), falling short of the estimated EPS of -$0.78. The company's revenue was approximately $797.2 million, slightly below the estimated $800.3 million.

In its Q1 2026 earnings call, Cracker Barrel disclosed a revenue of $797.2 million for the quarter ending in October 2025, indicating a 5.7% decline from the previous year. This was marginally below the Zacks Consensus Estimate of $801 million, resulting in a negative surprise of 0.48%. However, the company's EPS of -$0.74 (Adjusted EPS) exceeded expectations, with a positive surprise of 5.13%, against the consensus estimate of -$0.78.

The company's year-over-year financial performance has seen a significant downturn from the previous year's earnings of $0.45 per share. Despite the loss, Cracker Barrel has managed to exceed consensus EPS estimates in three of the past four quarters. Nonetheless, the revenue of $797.2 million for the quarter ending October 2025 fell short of expectations by 0.48%, a decrease from the $845.09 million reported in the same quarter the previous year.

Examining Cracker Barrel's financial ratios reveals more about its valuation and financial health. The company's price-to-sales ratio is about 0.17, suggesting a relatively low valuation compared to its sales. The enterprise value to sales ratio is approximately 0.54, reflecting the company's total valuation in relation to its revenue.

The enterprise value to operating cash flow ratio is around 11.01, providing insight into the company's valuation compared to its cash flow from operations. Cracker Barrel's debt-to-equity ratio is about 2.98, indicating a higher level of debt compared to its equity. Lastly, the current ratio is approximately 0.51, suggesting potential challenges in covering short-term liabilities with its current assets.