US restaurant chain Cracker Barrel's Q4 revenue beats estimates
CBRL•Fiscal 2027 outlook
Cracker Barrel sees fiscal 2027 revenue of $3.325 billion to $3.4 billion.
The company expects fiscal 2027 adjusted EBITDA of $180 million to $200 million.
Cracker Barrel anticipates commodity inflation of about 3% and hourly wage inflation of 2.5% to 3% in fiscal 2027.
Quarterly results beat expectations
US restaurant chain Cracker Barrel's fiscal fourth-quarter revenue fell 2% year over year, but beat analyst expectations.
Adjusted EPS and adjusted EBITDA for fiscal Q4 also beat analyst expectations.
Key reported figures and analyst view
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q4 Revenue | Beat | $849.3 million | $832.74 million (8 analysts) |
| Q4 Adjusted EPS | Beat | $0.99 | $0.09 (7 analysts) |
| Q4 EPS | $0.54 | ||
| Q4 Net Income | $12.2 million | ||
| Q4 Adjusted EBITDA | Beat | $62.1 million | $40.12 million (8 analysts) |
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and 3 "sell" or "strong sell".
The average consensus recommendation for the restaurants & bars peer group is "buy."
Wall Street's median 12-month price target for Cracker Barrel Old Country Store Inc is $44.00, about 3.3% below its September 22 closing price of $45.48.
