Zacks Research Issues Negative Outlook for CBRL Earnings

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) – Equities research analysts at Zacks Research dropped their Q3 2026 earnings estimates for Cracker Barrel Old Country Store in a report issued on Wednesday, May 27th. Zacks Research analyst Team now anticipates that the restaurant operator will post earnings of ($0.34) per share for the quarter, down from their previous estimate of ($0.27). The consensus estimate for Cracker Barrel Old Country Store’s current full-year earnings is ($1.07) per share. Zacks Research also issued estimates for Cracker Barrel Old Country Store’s Q4 2026 earnings at ($0.13) EPS, FY2026 earnings at ($0.96) EPS, Q1 2027 earnings at ($0.25) EPS, Q2 2027 earnings at $0.46 EPS, Q3 2027 earnings at $0.06 EPS, Q1 2028 earnings at ($0.11) EPS and FY2028 earnings at $1.54 EPS.

Other equities research analysts also recently issued reports about the stock. Benchmark reaffirmed a “hold” rating on shares of Cracker Barrel Old Country Store in a research note on Thursday, March 5th. Weiss Ratings reissued a “sell (d+)” rating on shares of Cracker Barrel Old Country Store in a research report on Friday, March 27th. Wells Fargo & Company boosted their target price on shares of 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. UBS Group boosted their target price on shares of Cracker Barrel Old Country Store from $26.00 to $31.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Finally, Truist Financial boosted their target price on shares of Cracker Barrel Old Country Store from $45.00 to $47.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $37.75.

Cracker Barrel Old Country Store Trading Down 1.0%

CBRL opened at $34.22 on Friday. Cracker Barrel Old Country Store has a 1-year low of $24.85 and a 1-year high of $71.93. The company has a current ratio of 0.49, a quick ratio of 0.18 and a debt-to-equity ratio of 0.90. The company has a market cap of $764.82 million, a P/E ratio of -190.10 and a beta of 1.29. The company has a fifty day moving average price of $29.73 and a two-hundred day moving average price of $29.58.

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

Institutional Investors Weigh In On Cracker Barrel Old Country Store

A number of institutional investors and hedge funds have recently bought and sold shares of CBRL. Maxi Investments CY Ltd bought a new stake in Cracker Barrel Old Country Store in the 4th quarter worth about $1,168,000. Allianz Asset Management GmbH grew its position in Cracker Barrel Old Country Store by 66.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 456,278 shares of the restaurant operator’s stock worth $20,104,000 after purchasing an additional 182,533 shares in the last quarter. WINTON GROUP Ltd bought a new stake in Cracker Barrel Old Country Store in the 3rd quarter worth about $2,355,000. Jupiter Asset Management Ltd. bought a new stake in Cracker Barrel Old Country Store in the 3rd quarter worth about $2,505,000. Finally, UBS Group AG grew its position in Cracker Barrel Old Country Store by 50.3% in the 4th quarter. UBS Group AG now owns 292,220 shares of the restaurant operator’s stock worth $7,422,000 after purchasing an additional 97,761 shares in the last quarter. 96.01% of the stock is owned by hedge funds and other institutional investors.

Key Cracker Barrel Old Country Store News

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

• Positive Sentiment: Zacks Research lifted its Q2 2027 EPS estimate to $0.46 from $0.27, signaling a better outlook for that period.
• Positive Sentiment: Q1 2027 EPS was nudged higher to a loss of $0.25 from a loss of $0.27, a small improvement in the near-term forecast.
• Neutral Sentiment: A separate article highlighted “15 Cracker Barrel Chocolate Bars To Look For During Your Next Visit,” which appears more consumer-interest oriented than material to earnings. Article Title
• Negative Sentiment: Analysts cut FY2026 EPS estimates to a loss of $0.96 from a prior loss of $0.75, implying a weaker near-term profit outlook.
• Negative Sentiment: Q3 2026 EPS was lowered to a loss of $0.34 from a loss of $0.27, and Q4 2026 EPS was cut to a loss of $0.13 from near breakeven, both suggesting continued pressure on operations.
• Negative Sentiment: Longer-term estimates were also trimmed, including Q3 2027, Q4 2027, Q2 2028, Q3 2028, FY2027, and FY2028, which may weigh on valuation expectations for Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL).

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.