Cracker Barrel Raises Revenue Guidance Amid Positive Sales

Cracker Barrel Old Country Store, Inc. raised its revenue guidance for 2025. The stock could be positively impacted as comparable store sales show growth.

Date: 06-03-2025

AI Rating: 7

In the recent report, Cracker Barrel Old Country Store, Inc. (CBRL) provided encouraging updates regarding its financial performance. One notable highlight was the increase in total revenue guidance for the full year 2025, now projected to be between $3.45 billion and $3.50 billion. This is a revision upward from the previous forecast range of $3.4 billion to $3.5 billion.

The company's latest guidance aligns closely with analyst expectations, as the average forecast among nine analysts is $3.46 billion for the year. This consistency suggests that Cracker Barrel is effectively managing its revenue trajectory, which can foster investor confidence.

Moreover, during the second quarter, the company reported comparable store restaurant sales growth of 4.7 percent, indicating a robust performance in its core dining segment. The comparable store retail sales also showed a modest increase of 0.2 percent. These metrics demonstrate that Cracker Barrel is successfully attracting and retaining customers, which is a positive sign for future sales and revenue.

Additionally, the announcement of a quarterly dividend of $0.25 per share, payable to shareholders of record by mid-May 2025, reinforces the company’s commitment to returning value to its investors. This is likely to enhance investor sentiment further.

Stocks: CBRL