Cracker Barrel Old Country StoreNASDAQ: CBRL

Cracker Barrel Old Country Store (CBRL) shares rose after the company's preliminary first-quarter revenue and adjusted earnings beat analysts' expectations Thursday.

Cracker Barrel's fourth-quarter fiscal 2024 results are hurt by several challenges due to broader economic conditions.

After years of struggling with COVID-related disruptions, labor shortages, inflation, and shifting consumer habits, Cracker Barrel NASDAQ: CBRL is turning a corner. The FQ4 and full-year 2024 results are lackluster, and the guidance is tepid, but it could have been worse, much worse, and there is an expectation that improvements will continue gaining traction in F2025.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL ) Q4 2024 Earnings Conference Call September 19, 2024 11:00 AM ET Company Participants Adam Hanan - Director of IR Julie Masino - President and CEO Craig Pommells - SVP and CFO Conference Call Participants Brian Mullan - Piper Sandler Dennis Geiger - UBS Katherine Griffin - Bank of America Jake Bartlett - Truist Securities Andrew Wolf - CL King Jon Tower - Citigroup Operator Good day. And welcome to the Cracker Barrel Fiscal 2024 Fourth Quarter Conference Call.

Cracker Barrel Old Country Store, Inc.'s stock has seen volatile trading, with recent buys in the $60s and sells in the $70s, but now it's speculative. Despite a sales increase, revenue and earnings missed expectations; margins remain pressured, and the company faces ongoing inflation and debt challenges. Comparable store restaurant sales rose slightly, but retail sales fell; operating income and adjusted EBITDA also declined significantly.

While the top- and bottom-line numbers for Cracker Barrel (CBRL) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

One of America's best-known casual dining chains sees inflation continuing in the year ahead, with wages rising more than commodity prices.

Guests Invited to Celebrate Birthday Milestone with Complimentary Double Chocolate Fudge Coca-Cola® Cake, plus Beverages from its Original 1969 Menu LEBANON, Tenn. , Sept. 19, 2024 /PRNewswire/ -- Today, Cracker Barrel Old Country Store® announced specials for guests to celebrate its 55th birthday including free slices of its famous Double Chocolate Fudge Coca-Cola Cake accompanied by free beverages from its original 1969 menu for new and existing Cracker Barrel Rewards™ Members with a minimum dine-in purchase*.

CBRL's fourth-quarter fiscal 2024 top line is likely to have been aided by menu innovation, higher menu pricing, expansion and other sales-building efforts.