Welcome to our dedicated page for Cracker Barrel Old Country Store, Inc,. news (Ticker: CBRL), a resource for investors and traders seeking the latest updates and insights on Cracker Barrel Old Country Store, Inc,. stock.
Cracker Barrel Old Country Store, Inc. operates full-service restaurants with attached Old Country Store retail shops across the United States and owns the fast-casual Maple Street Biscuit Company. Company news commonly covers seasonal menu launches, returning comfort-food items, family and holiday offers, new restaurant openings, and updates tied to the Cracker Barrel dining and retail model.
Financial updates for CBRL focus on quarterly results, fiscal outlook, comparable restaurant and retail sales, operating initiatives, cost actions, and management commentary on traffic, guest metrics, and performance across its restaurant and retail operations.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Cracker Barrel Old Country Store introduces new seasonal menu items as part of its spring offerings, including Cheesy Bacon Homestyle Fried Chicken starting at $11.99, Spiked Strawberry Lemonade Cocktail, Loaded Steak Fries, and Mini Fresh Strawberry Cheesecake. These additions provide variety at a compelling value for guests, with meals available under $12. The emphasis is on delivering a consistent experience and homestyle food in a welcoming environment. Guests can enjoy these limited-time offerings and also benefit from mobile payment options available at the restaurant.
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.