Cracker Barrel Q2 Earnings Decline with Modest Revenue Growth

Cracker Barrel reports second quarter earnings decline. Earnings per share fell to $0.99 from $1.19, despite a 1.5% revenue increase to $949.44 million.

Date: 06-03-2025

AI Rating: 5

Overview: Cracker Barrel Old Country Store, Inc. has reported its second-quarter earnings, highlighting both a decline in profit and a modest increase in revenue, which could impact investor sentiment moving forward.

Earnings Per Share (EPS): The company reported earnings per share of $0.99, down from $1.19 a year ago. This 16.8% decrease in EPS suggests a strong negative impact on investor confidence, as earnings growth is a critical metric for investment decisions.

Revenue Growth: Conversely, Cracker Barrel saw a 1.5% increase in revenue, climbing to $949.44 million from $935.40 million. While revenue growth is typically a positive indicator, the growth rate is modest and may not be sufficient to offset concerns regarding declining earnings.

Net Income: The reported net income of $22.21 million represents a reduction from $26.53 million a year prior. This decline further raises red flags for investors, as it reflects overall profitability challenges that the company faces.

Guidance: Cracker Barrel is guiding for full-year revenue between $3.45 billion and $3.50 billion. This guidance will be closely watched by investors as it reflects company expectations and could affect stock pricing depending on market reception.

Stocks: CBRL