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Cracker Barrel Old Country Store (CBRL) investor relations material
Cracker Barrel Old Country Store Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary17 Sep, 2025
Executive summary
Revenue grew 2.2% for the full year, with comparable store restaurant sales up 3.5% and adjusted EBITDA up 9% year-over-year.
Achieved five consecutive quarters of positive comparable store restaurant sales growth, with Q4 up 5.4%.
Q4 revenue was $868 million, with restaurant revenue at $718.2 million and retail revenue at $149.8 million.
Brand refresh and store remodels paused after guest feedback; reverting to traditional branding and interiors.
Multi-year plan focuses on food quality, guest experience, and operational improvements.
Financial highlights
Q4 total revenue increased 4.4% year-over-year, excluding the prior year’s 53rd week; full-year revenue was $3.48 billion.
Q4 GAAP net income was $6.8 million (down 46.6% year-over-year adjusted for 53rd week); full-year GAAP net income was $46.4 million, up 30.9%.
Adjusted EBITDA for Q4 was $55.7 million (6.4% of revenue), up 8% year-over-year; full-year adjusted EBITDA was $224.3 million, up 9%.
GAAP EPS was $0.30 for Q4 and $2.06 for the year; adjusted EPS was $0.74 for Q4 and $3.16 for the year.
Off-premise sales rose to 18.1% of restaurant sales, up 100 basis points year-over-year.
Outlook and guidance
Fiscal 2026 revenue expected at $3.35–$3.45 billion, with annual traffic down 4%–7%.
Adjusted EBITDA guidance for 2026 is $150–$190 million; CapEx planned at $135–$150 million, focused on maintenance and technology.
Sequential traffic improvement expected each quarter, with stronger recovery in the second half.
Pricing of 4%–5% planned for 2026; commodity inflation expected at 2.5%–3.5% and wage inflation at 3%–4%.
Two new stores to open, 14 Maple Street units to close.
Impact of pausing remodels on FY26 sales?
What is the strategy for Maple Street going forward?
What drives the significant FY26 EBITDA decline?
What is the expected traffic recovery timeline?
How has the capital investment plan changed?
How are tariffs being mitigated in FY26?
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Next Cracker Barrel Old Country Store earnings date
Q1 20263 Dec, 2025
Next Cracker Barrel Old Country Store earnings date
Q1 20263 Dec, 2025
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Frequently asked questions
Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of a restaurant with a gift shop. The company's restaurants serve breakfast, lunch, and dinner. Its gift shops offer various decorative and functional items, such as rocking chairs, holiday and seasonal gifts, toys, apparel, music CDs, cookware, and various other gift items, as well as pies, cornbread mixes, coffee, syrups, pancake mixes, candies, preserves, and other food items.
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