Zacks Research Analysts Increase Earnings Estimates for CBRL

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) – Investment analysts at Zacks Research increased their Q3 2026 earnings per share (EPS) estimates for Cracker Barrel Old Country Store in a note issued to investors on Wednesday, March 18th. Zacks Research analyst Team now expects that the restaurant operator will post earnings per share of ($0.27) for the quarter, up from their prior estimate of ($0.41). Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Cracker Barrel Old Country Store’s current full-year earnings is $2.76 per share. Zacks Research also issued estimates for Cracker Barrel Old Country Store’s Q4 2026 earnings at $0.01 EPS, FY2026 earnings at ($0.75) EPS, Q1 2027 earnings at ($0.27) EPS, Q2 2027 earnings at $0.27 EPS, Q3 2027 earnings at $0.17 EPS, Q4 2027 earnings at $0.61 EPS, FY2027 earnings at $0.77 EPS, Q1 2028 earnings at ($0.10) EPS and FY2028 earnings at $1.81 EPS.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last released its quarterly earnings data on Wednesday, March 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.35. The company had revenue of $874.82 million during the quarter, compared to the consensus estimate of $862.89 million. Cracker Barrel Old Country Store had a positive return on equity of 4.25% and a negative net margin of 0.12%.The firm’s revenue was down 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.38 earnings per share.

Several other equities analysts have also recently issued reports on CBRL. Citigroup upped their price target on shares of Cracker Barrel Old Country Store from $24.00 to $28.00 and gave the company a “sell” rating in a research report on Thursday, March 5th. Weiss Ratings reissued a “sell (d+)” rating on shares of Cracker Barrel Old Country Store in a research note on Monday, December 29th. Piper Sandler decreased their price objective on Cracker Barrel Old Country Store from $49.00 to $27.00 and set a “neutral” rating for the company in a report on Wednesday, December 10th. Wells Fargo & Company raised their target price on Cracker Barrel Old Country Store from $30.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 5th. Finally, Gordon Haskett raised Cracker Barrel Old Country Store to a “strong sell” rating in a report on Wednesday, December 10th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $37.75.

Cracker Barrel Old Country Store Stock Down 2.5%

NASDAQ:CBRL opened at $27.41 on Monday. Cracker Barrel Old Country Store has a one year low of $24.85 and a one year high of $71.93. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.49 and a quick ratio of 0.18. The company has a market cap of $612.61 million, a PE ratio of -152.27 and a beta of 1.24. The firm’s 50 day simple moving average is $31.19 and its 200 day simple moving average is $33.58.

Hedge Funds Weigh In On Cracker Barrel Old Country Store

A number of hedge funds have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new stake in Cracker Barrel Old Country Store during the third quarter valued at $26,000. Hilton Head Capital Partners LLC bought a new position in shares of Cracker Barrel Old Country Store in the 4th quarter worth about $35,000. Canada Pension Plan Investment Board acquired a new position in shares of Cracker Barrel Old Country Store in the 2nd quarter valued at about $37,000. Byrne Asset Management LLC bought a new stake in shares of Cracker Barrel Old Country Store during the 3rd quarter valued at about $51,000. Finally, CWM LLC boosted its position in shares of Cracker Barrel Old Country Store by 85.1% during the 4th quarter. CWM LLC now owns 2,345 shares of the restaurant operator’s stock valued at $60,000 after purchasing an additional 1,078 shares in the last quarter. Institutional investors own 96.01% of the company’s stock.

Insider Activity

In other news, major shareholder Gmt Capital Corp sold 42,400 shares of the company’s stock in a transaction on Monday, December 29th. The shares were sold at an average price of $25.56, for a total value of $1,083,744.00. Following the sale, the insider directly owned 2,240,200 shares of the company’s stock, valued at approximately $57,259,512. This represents a 1.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.40% of the company’s stock.

Cracker Barrel Old Country Store Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 13th. Stockholders of record on Friday, April 10th will be given a $0.25 dividend. The ex-dividend date is Friday, April 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.6%. Cracker Barrel Old Country Store’s payout ratio is -555.56%.

Cracker Barrel Old Country Store News Roundup

Here are the key news stories impacting Cracker Barrel Old Country Store this week:

• Positive Sentiment: Zacks raised several near‑term and cyclical estimates (examples: Q1 2028 to ($0.10) from ($0.14); Q1 2027 to ($0.27) from ($0.57); Q3 2026 to ($0.27) from ($0.41); and FY2026 to ($0.75) from ($1.05)) — suggests some recovery/earnings stabilization in the nearer term. MarketBeat: CBRL Zacks Notes
• Neutral Sentiment: Customer/brand interest story — an AOL piece highlights Cracker Barrel’s high pancake volume (consumer demand/brand traffic signal) but this is largely PR/consumer interest and not an immediate earnings driver. The Staggering Amount Of Pancakes Cracker Barrel Sells Per Year
• Negative Sentiment: Zacks trimmed longer‑term expectations — FY2027 was cut to $0.77 from $1.00 and FY2028 to $1.81 from $2.26, lowering the company’s medium‑term profitability outlook and reducing forward earnings power. MarketBeat: CBRL Zacks Notes
• Negative Sentiment: Zacks also reduced several specific quarterly estimates (e.g., Q4 2027 to $0.61 from $0.91; Q3 2027 to $0.17 from $0.40; Q4 2026 to $0.01 from $0.12) and another report flagged a negative Q2 outlook — these cuts increase uncertainty and likely pressured the stock. Zacks Research Has Negative Estimate for CBRL Q2 Earnings

Cracker Barrel Old Country Store Company Profile

Cracker Barrel Old Country Store, Inc operates a distinctive combination of country-themed restaurants and retail stores across the United States. Since its founding in 1969, the company has focused on providing a nostalgic dining experience reminiscent of Southern hospitality, serving breakfast, lunch and dinner with an emphasis on traditional comfort foods.

The restaurant segment offers an extensive menu featuring signature items such as buttermilk pancakes, country ham, biscuits and gravy, meatloaf and pot roast.