Cracker Barrel reports fiscal 2026 results: what it means for Cracker Barrel stock

Published on 10/07/2026 at 01:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted earnings reached USD 0.99 per share in the fourth quarter. Cracker Barrel stock's prior close was EUR 50.03 on October 5, 2026.

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Cracker Barrel (ISIN US22410J1060) posted USD 849.3 million in revenue and adjusted earnings per share of USD 0.99 in the fourth quarter of fiscal 2026 ended July 31, according to PR Newswire on September 23, 2026. The figures frame a recovery story with stronger profitability but weaker restaurant demand.

Revenue fell as earnings improved

Fourth-quarter revenue declined 2.20 percent from USD 868.0 million in the prior-year quarter, while adjusted earnings per share rose from USD 0.74 to USD 0.99. GAAP net income increased to USD 12.2 million from USD 6.8 million, and adjusted EBITDA rose to USD 62.1 million from USD 55.7 million in the same period.

The operating split matters. Comparable restaurant sales fell 2.10 percent in the fourth quarter, while comparable retail sales increased 0.70 percent, leaving traffic recovery as the key operating test for the next fiscal year.

Fiscal 2027 means a higher profit bar

Management expects fiscal 2027 revenue of USD 3.325 billion to USD 3.4 billion, comparable restaurant sales growth of 3.00 percent to 5.00 percent and adjusted EBITDA of USD 180 million to USD 200 million. The outlook also assumes zero new store openings, placing more weight on menu mix, pricing and productivity at existing locations.

The balance sheet provides another measurable counterpoint. Total debt ended fiscal 2026 at USD 337.2 million, down from USD 484.6 million a year earlier, after the company repaid USD 150.0 million of convertible notes and used USD 77.0 million of sale-leaseback proceeds for debt reduction.

Analyst target stays below the quote

Markets Insider reported on September 24, 2026 that BofA raised its Cracker Barrel price target from USD 47.00 to USD 48.00 and retained an Underperform rating. BofA also raised its fiscal 2027 revenue estimate from USD 3.3 billion to USD 3.4 billion, while warning that the valuation assumes a more dependable traffic and margin recovery than current trends support.

Cracker Barrel's prior close at Lang & Schwarz was EUR 50.03 on October 5, 2026. The company operates restaurants and retail stores under the Cracker Barrel concept, with 655 company-owned locations at the end of fiscal 2026. The further course of trading is shown by the continuously updated real-time quote of Cracker Barrel stock.