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Cracker Barrel Old Country Store (CBRL) combines nostalgic Americana dining with curated retail experiences across its 660+ locations. This news hub provides investors and stakeholders with essential updates on corporate developments, financial performance, and strategic initiatives.
Access timely press releases, earnings reports, and operational updates covering menu innovations, retail partnerships, and leadership changes. Our curated collection serves as your primary source for tracking CBRL's position in the casual dining sector and its unique dual-revenue business model.
Discover updates on store expansions, seasonal offerings, and sustainability efforts alongside analysis of market trends affecting family dining chains. Content is organized chronologically showcase the company's response to industry challenges while maintaining its heritage-focused brand identity.
Bookmark this page for ongoing access to verified CBRL announcements and objective reporting on its initiatives in comfort food innovation and cultural retail experiences.
Cracker Barrel Old Country Store introduces new seasonal menu items as part of its spring offerings, including Cheesy Bacon Homestyle Fried Chicken starting at
Cracker Barrel Old Country Store (CBRL) reported a total revenue of $933.9 million for Q2 fiscal 2023, marking an 8.3% increase from last year. Comparable restaurant sales rose 8.4%, while retail sales increased 4.1%. However, GAAP net income fell 19.0% to $30.5 million, and GAAP earnings per diluted share decreased 14.4% to $1.37. The Board declared a $1.30 quarterly dividend per share, payable on May 9, 2023. The company anticipates total revenue growth of 7.0% to 9.0% for the fiscal year amidst rising commodity and wage inflation.
Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) will host a webcast for its second quarter earnings conference call on February 28, 2023, at 11:00 a.m. ET. This call will cover financial results for the fiscal second quarter ending January 27, 2023. Investors can access the live broadcast via the Company's website, with an online replay available from 2:00 p.m. ET until March 14, 2023. Cracker Barrel operates over 660 locations and owns the Maple Street Biscuit Company, established in 1969.
Cracker Barrel Old Country Store introduces new affordable catering options and holiday meals to ease stress during family gatherings. Highlights include the Homestyle Chicken® n' French Toast, starting at $8.49 per person, designed for groups of 10 or more. The Prime Rib Heat n' Serve Family Dinner serves 4-6 for $124.99, while the Holiday Ham Heat n' Serve Feast for 8-10 is priced at $159.99. These offerings aim to alleviate holiday pressures due to inflation and rising food costs, allowing families to enjoy memorable moments together.
Cracker Barrel reported Q1 fiscal 2023 revenue of $839.5 million, up 7.0% from the previous year. Comparable store restaurant sales rose 7.1%, while retail sales increased 4.3%. GAAP net income dropped 48.7% to $17.1 million, with GAAP EPS at $0.77, a 45.4% decline. The Board declared a quarterly dividend of $1.30 per share. Outlook for fiscal 2023 is cautious, with revenue growth projected at 6% to 8% amid inflation and consumer uncertainty. The company appointed William Moreton to the Board, enhancing strategic capabilities.
Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) will hold a first-quarter earnings conference call on December 2, 2022, at 11:00 a.m. Eastern Time. This call will cover financial results for the fiscal first quarter ended October 28, 2022. The live broadcast can be accessed via the Company’s website, with a replay available starting at 2:00 p.m. Eastern Time on the same day until December 16, 2022. Cracker Barrel operates more than 660 locations and owns Maple Street Biscuit Company.
Cracker Barrel Old Country Store is introducing its Thanksgiving Heat n' Serve Meals designed for families looking to simplify holiday preparations. Starting at $14.99 per person, these meals serve 8-10 and include roasted turkey, sides, and dessert. The seasonal menu features the Cinnamon Roll Pie Breakfast and a new Glitter Globe Spritzer cocktail, available from November 19-26. Guests can pre-order for pickup and receive a bonus card with orders scheduled for November 21 or 22. Cracker Barrel is focused on enhancing the holiday experience with affordable and convenient dining options.
Cracker Barrel (Nasdaq: CBRL) announced the appointment of Jody L. Bilney to its Board of Directors following a Nomination and Cooperation Agreement with Biglari Capital Corp. As part of the Agreement, the Board will expand to eleven directors. Bilney brings extensive experience, having served in senior roles at companies like Humana and Verizon. The Agreement includes provisions for reimbursement of up to $500,000 for Biglari's expenses and outlines standstill obligations until February 29, 2024. Shareholder approval for Bilney's appointment will be sought in upcoming annual meetings.
Cracker Barrel (CBRL) reported fourth quarter fiscal 2022 results with total revenue of $830.4 million, a 5.9% increase year-over-year. Comparable store restaurant sales rose 6.1% while retail sales increased 3.0%. GAAP net income was $33.4 million, an 8.2% decrease from the prior year. The company declared a quarterly dividend of $1.30 per share, payable on November 8, 2022. For fiscal 2023, Cracker Barrel anticipates revenue growth of 7% to 8% and expects commodity inflation of approximately 8%.
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