Analysts on Wall Street project that Cracker Barrel Old Country Store (CBRL) will announce quarterly earnings of $1.17 per share in its forthcoming report, representing a decline of 34.6% year over year. Revenues are projected to reach $898.79 million, increasing 7.4% from the same quarter last year. The consensus EPS estimate for the quarter has undergone an upward revision of 10% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed t ...

CNBC's Jim Cramer on Friday guided investors through next week's top Wall Street action, highlighting a longawaited interest rate decision from the Federal Reserve and earnings from restaurant chain companies Darden and Cracker Barrel. Investors are broadly expecting the central bank to issue a rate cut but are unsure whether it will be by 25 or 50 basis points. Cramer said he's betting on the former, saying he thinks the Fed should be measured when making cuts and not risk an inflation flareup. He added th ...

Cracker Barrel Old Country Store (CBRL) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on September 19, 2024, might help the stock move higher if these key num ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Cracker Barrel Old Country Store (CBRL) , which belongs to the Zacks Retail - Restaurants industry, could be a great candidate to consider. This restaurant operator has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 31.67%. For the most recent qua ...

LEBANON, Tenn., Sept. 5, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) will provide a real-time webcast and rebroadcast of its fourth quarter earnings conference call on Thursday, September 19, 2024, beginning at 11:00 a.m. Eastern Time. Company management will discuss financial results for the fiscal fourth quarter ended August 2, 2024. The live broadcast of Cracker Barrel's quarterly conference call will be available to the public online in ...

This popular restaurant operator is trading at its lowest price in over a decade. Cracker Barrel (CBRL -0.12%) hasn't been a great investment for the past few years. After reaching an alltime high in 2021, the stock has been beaten down to a 13-year low. However, in this video, Fool.com contributors Jon Quast and Matt Frankel discuss what it might take to turn the business around. *Stock prices used were the morning prices of Aug. 20, 2024. The video was published on Aug. 21, 2024. ...

helen89/iStock Editorial via Getty Images In addition, Cracker fully owns Maple Street Biscuit Company, a fast-casual daytime concept that serves fresh-made biscuit sandwiches, waffles, bowls and even tacos. As it is a popular concept, Maple could not stop serving coffee. The company has approximately 10 options on its menu, including cold drinks, an option that cannot be missed in concepts that rely on drinks nowadays. Maple has approximately 63 locations in Alabama, Florida, Georgia, Kentucky, Ohio, North ...

LEBANON, Tenn., July 18, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store® ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) is pleased to announce the appointment of Sarah Moore as its Chief Marketing Officer, effective Monday, July 22. Cracker Barrel Appoints Sarah Moore as New Chief Marketing OfficerCracker Barrel Appoints Sarah Moore as New Chief Marketing Officer "Sarah's hospitality focused leadership and deep experience evolving brands and accelerating growth across all disciplines of marketing ...

To be clear, you're dealing with a high-risk, high-reward endeavor. While it may be sexy to bet against the crowd, groupthink exists for a reason. And when that crowd is a crowd of analysts, you've got to be sure in the contrarian thesis. Otherwise, blindly betting on ideas that the experts believe could fail could be a surefire way of absorbing severe penalties. Lucid Group (LCID) Over the years, premium electric vehicle manufacturer Lucid Group (NASDAQ:LCID) has been a frustrating play. While it enjoyed a ...

A look at Cracker Barrel's price trend reveals that the stock has witnessed an unimpressive run on the bourses so far this year. Shares of the company have lost 47.7% compared with the industry's decline of 9.1%. This reflects investors' pessimism on the stock, given the uncertain sales environment. Factors Hurting CBRL Performance Despite cost-saving initiatives, higher labor costs due to increased wages and investments in additional labor hours are expected to persistently keep profits under pressure. The ...