Tearsheet
CBRL Home Investment Highlights Valuation, Metrics & Events Price Chart Why The Stock Moved Return vs. Risk About CBRL Interactive Breakdown Better Bets vs. CBRL Latest Trefis Analyses Trade Ideas More From Trefis Peer Comparisons FDIC Bank Data FDA Approved Drugs Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Forward Guidance Insider Activity Trade Sentinel Industry Resource Links External Quote Links

Cracker Barrel Old Country Store (CBRL)

Market Price (5/9/2026): $31.49 | Market Cap: $703.6 Mil
Sector: Consumer Discretionary | Industry: Restaurants

Cracker Barrel Old Country Store (CBRL)

Market Price (5/9/2026): $31.49
Market Cap: $703.6 Mil
Sector: Consumer Discretionary
Industry: Restaurants

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27%

Attractive yield
Dividend Yield is 3.3%

Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization. Themes include Experiential Retail.

Weak multi-year price returns
2Y Excs Rtn is -86%, 3Y Excs Rtn is -146%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 162%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.1%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.3%, Rev Chg QQuarterly Revenue Change % is -7.9%

Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 22%

Key risks
CBRL key risks include [1] a significant decline in customer traffic as its traditional brand misaligns with evolving consumer preferences and [2] a substantial debt load that limits financial flexibility and poses refinancing risks.

0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27%
1 Attractive yield
Dividend Yield is 3.3%
2 Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization. Themes include Experiential Retail.
3 Weak multi-year price returns
2Y Excs Rtn is -86%, 3Y Excs Rtn is -146%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 162%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.1%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.3%, Rev Chg QQuarterly Revenue Change % is -7.9%
6 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 22%
7 Key risks
CBRL key risks include [1] a significant decline in customer traffic as its traditional brand misaligns with evolving consumer preferences and [2] a substantial debt load that limits financial flexibility and poses refinancing risks.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Cracker Barrel Old Country Store (CBRL) stock has gained about 5% since 1/31/2026 because of the following key factors:

1. Cracker Barrel reported a significant beat in its second quarter fiscal 2026 earnings, exceeding analyst expectations. The company announced an adjusted earnings per share (EPS) of $0.25 for the quarter ending January 30, 2026, which substantially beat the consensus estimate of -$0.22, marking a 213.64% positive surprise. Quarterly revenue also surpassed analyst estimates, reaching $874.82 million against a projected $862.89 million. This stronger-than-anticipated financial performance likely fueled investor optimism.

2. The company provided an updated fiscal 2026 outlook and announced strategic cost-saving initiatives. Management guided for total revenue between $3.24 billion and $3.27 billion for fiscal 2026, alongside an adjusted EBITDA outlook of approximately $85 million to $100 million. Additionally, Cracker Barrel initiated a corporate restructuring expected to generate $20 million to $25 million in annualized General & Administrative (G&A) savings, coupled with plans for reduced advertising spend and capital expenditures. These forward-looking measures aimed at improving profitability and providing a clearer financial roadmap likely contributed to the stock's positive trend.

Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The 5.4% change in CBRL stock from 1/31/2026 to 5/8/2026 was primarily driven by a 8.0% change in the company's P/S Multiple.
(LTM values as of)13120265082026Change
Stock Price ($)29.8731.495.4%
Change Contribution By: 
Total Revenues ($ Mil)3,4363,361-2.2%
P/S Multiple0.20.28.0%
Shares Outstanding (Mil)2222-0.3%
Cumulative Contribution5.4%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/8/2026
ReturnCorrelation
CBRL5.4% 
Market (SPY)3.6%40.8%
Sector (XLY)-0.6%43.3%

Fundamental Drivers

The -5.1% change in CBRL stock from 10/31/2025 to 5/8/2026 was primarily driven by a -3.5% change in the company's Total Revenues ($ Mil).
(LTM values as of)103120255082026Change
Stock Price ($)33.1931.49-5.1%
Change Contribution By: 
Total Revenues ($ Mil)3,4843,361-3.5%
P/S Multiple0.20.2-1.3%
Shares Outstanding (Mil)2222-0.3%
Cumulative Contribution-5.1%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/8/2026
ReturnCorrelation
CBRL-5.1% 
Market (SPY)5.5%27.8%
Sector (XLY)0.6%33.5%

Fundamental Drivers

The -24.4% change in CBRL stock from 4/30/2025 to 5/8/2026 was primarily driven by a -20.8% change in the company's P/S Multiple.
(LTM values as of)43020255082026Change
Stock Price ($)41.6331.49-24.4%
Change Contribution By: 
Total Revenues ($ Mil)3,5063,361-4.1%
P/S Multiple0.30.2-20.8%
Shares Outstanding (Mil)2222-0.4%
Cumulative Contribution-24.4%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/8/2026
ReturnCorrelation
CBRL-24.4% 
Market (SPY)30.4%30.4%
Sector (XLY)22.8%36.0%

Fundamental Drivers

The -66.6% change in CBRL stock from 4/30/2023 to 5/8/2026 was primarily driven by a -66.1% change in the company's P/S Multiple.
(LTM values as of)43020235082026Change
Stock Price ($)94.3931.49-66.6%
Change Contribution By: 
Total Revenues ($ Mil)3,3943,361-1.0%
P/S Multiple0.60.2-66.1%
Shares Outstanding (Mil)2222-0.8%
Cumulative Contribution-66.6%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/8/2026
ReturnCorrelation
CBRL-66.6% 
Market (SPY)78.7%29.8%
Sector (XLY)66.6%34.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CBRL Return-1%-23%-14%-28%-51%25%-71%
Peers Return-2%-10%32%61%-1%1%87%
S&P 500 Return27%-19%24%23%16%7%95%

Monthly Win Rates [3]
CBRL Win Rate42%42%50%50%42%60% 
Peers Win Rate42%38%62%65%48%48% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
CBRL Max Drawdown-8%-34%-31%-51%-52%0% 
Peers Max Drawdown-17%-29%-4%-14%-14%-10% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: DRI, TXRH, EAT, CAKE, FWRG. See CBRL Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/8/2026 (YTD)

How Low Can It Go

EventCBRLS&P 500
2025 US Tariff Shock
  % Loss-27.3%-18.8%
  % Gain to Breakeven37.5%23.1%
  Time to Breakeven34 days79 days
2020 COVID-19 Crash
  % Loss-65.3%-33.7%
  % Gain to Breakeven187.9%50.9%
  Time to Breakeven348 days140 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-20.5%-12.2%
  % Gain to Breakeven25.8%13.9%
  Time to Breakeven59 days62 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-18.8%-17.9%
  % Gain to Breakeven23.1%21.8%
  Time to Breakeven67 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-12.3%-15.4%
  % Gain to Breakeven14.1%18.2%
  Time to Breakeven91 days125 days
2008-2009 Global Financial Crisis
  % Loss-63.5%-53.4%
  % Gain to Breakeven174.2%114.4%
  Time to Breakeven133 days1085 days

Compare to DRI, TXRH, EAT, CAKE, FWRG

In The Past

Cracker Barrel Old Country Store's stock fell -27.3% during the 2025 US Tariff Shock. Such a loss loss requires a 37.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventCBRLS&P 500
2025 US Tariff Shock
  % Loss-27.3%-18.8%
  % Gain to Breakeven37.5%23.1%
  Time to Breakeven34 days79 days
2020 COVID-19 Crash
  % Loss-65.3%-33.7%
  % Gain to Breakeven187.9%50.9%
  Time to Breakeven348 days140 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-20.5%-12.2%
  % Gain to Breakeven25.8%13.9%
  Time to Breakeven59 days62 days
2008-2009 Global Financial Crisis
  % Loss-63.5%-53.4%
  % Gain to Breakeven174.2%114.4%
  Time to Breakeven133 days1085 days

Compare to DRI, TXRH, EAT, CAKE, FWRG

In The Past

Cracker Barrel Old Country Store's stock fell -27.3% during the 2025 US Tariff Shock. Such a loss loss requires a 37.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Cracker Barrel Old Country Store (CBRL)

Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. The company's Cracker Barrel stores consist of a restaurant with a gift shop. Its restaurants serve breakfast, lunch, and dinner, as well as dine-in, pick-up, and delivery services. The company's gift shops comprise various decorative and functional items, such as rocking chairs, seasonal gifts, apparel, toys, cookware, and various other gift items, as well as various candies, preserves, and other food items. As of September 15, 2021, it operated 664 Cracker Barrel stores in 45 states. The company was founded in 1969 and is headquartered in Lebanon, Tennessee.

AI Analysis | Feedback

Here are 1-3 brief analogies for Cracker Barrel Old Country Store (CBRL):

  • It's like a family restaurant chain such as Denny's or IHOP, but every location also includes a large, country-themed gift shop.
  • Essentially, it’s a nationwide chain of restaurants similar to Bob Evans, but each store also operates a significant country-style general store selling gifts and food items.

AI Analysis | Feedback

  • Restaurant Services: Provides dine-in, pick-up, and delivery services for breakfast, lunch, and dinner.
  • Retail Goods: Sells a variety of items including decorative and functional home goods, apparel, toys, and specialty food products through its gift shops.

AI Analysis | Feedback

The company Cracker Barrel Old Country Store (CBRL) sells primarily to individuals.

The major categories of customers it serves are:

  1. Families and Leisure Travelers: Individuals and groups traveling, often on road trips, who are looking for a family-friendly restaurant and a unique shopping experience. Cracker Barrel's locations, frequently near major highways, cater well to this demographic.
  2. Local Community Members: Residents living near a Cracker Barrel store who visit for everyday meals, gatherings, or to purchase items from the gift shop.
  3. Seniors and Retirees: This demographic often appreciates Cracker Barrel's traditional comfort food, value, and nostalgic atmosphere, making it a popular dining choice.

AI Analysis | Feedback

null

AI Analysis | Feedback

Julie Felss Masino, President and Chief Executive Officer

Julie Felss Masino was appointed President and Chief Executive Officer for Cracker Barrel in July 2023, assuming the position and an appointment to the Company's Board of Directors on November 1, 2023. She brings over 30 years of experience driving innovation and growth for globally recognized restaurant and retail brands. Before joining Cracker Barrel, Ms. Masino served as President, International of Taco Bell, a subsidiary of Yum! Brands, Inc., from January 2020 to June 2023. Her prior roles include President, SVP and GM Fisher-Price at Mattel, Inc., President and CEO of Sprinkles Cupcakes, and various leadership positions at Starbucks Corporation. She began her career in corporate roles at companies such as Godiva Chocolatier, Coach, J. Crew, and Macy's.

Craig Pommells, Senior Vice President and Chief Financial Officer

Craig Pommells joined Cracker Barrel in December 2021 as its Senior Vice President and Chief Financial Officer. He is responsible for Internal Audit, Investor Relations, Financial Planning and Analysis, and all Accounting functions. Mr. Pommells possesses more than 20 years of experience within the restaurant industry. Prior to his tenure at Cracker Barrel, he served as the Executive Vice President and Chief Financial Officer of Red Lobster. He also spent over 10 years with Darden Restaurants, holding various finance and business analytics roles.

Doug Hisel, Senior Vice President, Store Operations

Doug Hisel was named Senior Vice President, Store Operations in October 2025. He is a nearly 20-year veteran of Cracker Barrel, having started his career with the company as an Associate Manager in Indianapolis, IN, in 2007. Mr. Hisel has advanced through various operations roles of increasing responsibility, with his most recent position being Vice President, Field Operations. In his current role, he oversees all field operations across the company's stores, as well as operations services.

Bruce Hoffmeister, Senior Vice President and Chief Information Officer

Bruce Hoffmeister joined Cracker Barrel in January 2021 as Senior Vice President and Chief Information Officer. He is responsible for all aspects of the organization's information technology, security, and digital strategies and initiatives. Before his time at Cracker Barrel, Mr. Hoffmeister worked at Marriott International for over 30 years, where he held numerous finance and technology executive roles, including Global Chief Information Officer.

Mark Spurgin, Senior Vice President, Chief Restaurant Supply Chain Officer

Mark Spurgin joined Cracker Barrel in January 2023 as Senior Vice President, Chief Restaurant Supply Chain Officer. With more than 30 years of supply chain experience, he is responsible for the company's sourcing and supply chain functions, including the procurement of food, beverages, equipment, and supplies. Prior to Cracker Barrel, Mr. Spurgin served as Chief Supply Chain Officer for Restaurant Growth Services. He also previously worked with The Cheesecake Factory and Bloomin' Brands, leading global procurement, logistics, and international supply chain teams.

AI Analysis | Feedback

The key risks to Cracker Barrel Old Country Store, Inc. (CBRL) are:

  1. Declining Customer Traffic and Evolving Consumer Preferences

    Cracker Barrel faces significant challenges with declining customer traffic and negative comparable store sales. The company's traditional casual dining and country store concept is struggling to maintain relevance amidst intense competition and shifting consumer preferences, particularly among younger demographics who may be seeking healthier options or different dining experiences. Management does not expect traffic recovery until 2027 or later, and the brand is perceived as "not as relevant as it once were." This fundamental issue impacts both its restaurant and retail segments.

  2. Inflationary Pressures on Costs and Margins

    The company continues to grapple with substantial inflationary pressures, particularly in commodity and wage costs. Despite cost-saving measures, higher labor expenses due to increased wages and investments in additional labor hours, along with rising food prices, are consistently impacting operational performance and reducing profit margins. These pressures make it difficult for Cracker Barrel to maintain profitability in a competitive and discretionary consumer environment.

  3. High Debt Levels and Financial Leverage

    Cracker Barrel relies heavily on debt financing, with a significant total debt load. This high leverage, combined with a relatively low return on equity (ROE) and weak interest expense coverage, raises concerns about the company's financial flexibility and risk profile. Such a debt structure can pose challenges, especially in a period of declining revenues and constrained profitability.

AI Analysis | Feedback

null

AI Analysis | Feedback

The addressable markets for Cracker Barrel Old Country Store's main products and services in the U.S. are as follows:

  • Restaurant Services: The United States full-service restaurant market was valued at approximately USD 371.9 billion in 2025. This market is projected to reach USD 715.8 billion by 2032.
  • Gift Shop Items:
    • General Gift Retailing: The U.S. gifts retailing market was valued at USD 24.18 billion in 2024. This market is expected to reach USD 37.10 billion by 2032.
    • Specialty Food Items: The U.S. specialty food stores market size was USD 32.4 billion in 2024.

AI Analysis | Feedback

Cracker Barrel Old Country Store (CBRL) is focusing on several key initiatives to drive future revenue growth over the next two to three years, as outlined in its strategic transformation plan and recent commentary. Here are the expected drivers of future revenue growth:
  1. Menu Innovation and Optimization: Cracker Barrel plans to refine and optimize its menu by introducing new "craveable items" while maintaining affordable pricing for its staple offerings. This strategy aims to broaden its appeal, including attracting a younger demographic, and enhance the overall dining experience to boost restaurant sales.
  2. Expansion of Digital and Off-Premise Channels: The company is focused on strengthening its digital presence and growing its off-premise business, which includes catering and third-party delivery partnerships. Enhancing the e-commerce platform for retail sales is also a key part of this strategy to diversify revenue streams and cater to evolving consumer shopping habits.
  3. Store Remodels and Enhanced Guest Experience: Cracker Barrel is investing in evolving its store and guest experience through a significant store remodel initiative, which is expected to accelerate after a test phase. These investments are designed to improve the integrated restaurant-retail environment, thereby aiming to increase customer traffic and sales.
  4. Growth of Loyalty Program and Personalization: The Cracker Barrel Rewards loyalty program is a significant focus, with efforts to enhance personalization capabilities using AI-driven learning models. This is intended to further drive incremental sales and traffic by increasing customer engagement and retention.
  5. Strategic Pricing Initiatives: The company has implemented strategic pricing adjustments which have contributed to revenue. While mindful of market dynamics, continued effective pricing strategies are expected to support revenue growth, contributing to an increased average check, assuming challenges with menu mix and traffic are managed.

AI Analysis | Feedback

Share Repurchases

  • Cracker Barrel Old Country Store, Inc. announced a new share repurchase program on September 17, 2025, authorizing the repurchase of up to $100 million of its outstanding common stock.
  • This new authorization for share repurchases aligns with a modified capital allocation policy to support increased investments in the business and followed a reduction in the quarterly dividend.
  • The company reportedly plans to use funds saved from canceling a remodeling project for this $100 million stock buyback program.

Share Issuance

  • During the fourth quarter of fiscal 2025, Cracker Barrel completed the issuance and sale of $345 million aggregate principal amount of 1.75% Convertible Senior Notes due in 2030.
  • The number of shares outstanding for Cracker Barrel showed a slight increase from 22.21 million in 2024 to 22.28 million in 2025, and remained at 22.28 million as of March 2026.

Capital Expenditures

  • In fiscal 2025, Cracker Barrel invested $158.6 million in capital expenditures. These expenditures were primarily allocated to store maintenance ($105 million), remodels ($20 million), technology and strategic initiatives ($19 million), and new store openings ($15 million).
  • For fiscal 2026, the company anticipates capital expenditures to be between $135 million and $150 million. The majority of these projected expenditures are related to maintenance, with no planned spending on new remodels.
  • Cracker Barrel plans to open 2 new Cracker Barrel stores in fiscal 2026.

Better Bets vs. Cracker Barrel Old Country Store (CBRL)

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Cracker Barrel Old Country Store Earnings Notes12/16/2025
2How Low Can Cracker Barrel Old Country Store Stock Really Go?10/17/2025
3Day 7 of Loss Streak for Cracker Barrel Old Country Store Stock with -13% Return (vs. 4.2% YTD) [8/25/2025]08/26/2025
4Day 6 of Loss Streak for Cracker Barrel Old Country Store Stock with -13% Return (vs. 4.4% YTD) [8/22/2025]08/23/2025
5CBRL Dip Buy Analysis07/10/2025
6Cracker Barrel Old Country Store Total Shareholder Return (TSR): 46.8% in 2025 and -1.9% 3-yr compounded annual returns (above peer average)03/07/2025
7Cracker Barrel Old Country Store (CBRL) Operating Cash Flow Comparison02/17/2025
8Cracker Barrel Old Country Store (CBRL) Net Income Comparison02/15/2025
9Cracker Barrel Old Country Store (CBRL) Operating Income Comparison02/14/2025
10Day 5 of Loss Streak for Cracker Barrel Old Country Store Stock with -18% Return (vs. -6.1% YTD) [2/14/2025]02/14/2025
11ARTICLES 
12Stocks Trading At 52-Week Low12/24/2025
13CBRL Stock Down -13% after 7-Day Loss Streak08/25/2025
14CBRL Stock Down -13% after 6-Day Loss Streak08/22/2025
Title
0DASHBOARDS
1Cracker Barrel Old Country Store Earnings Notes
2How Low Can Cracker Barrel Old Country Store Stock Really Go?
3Day 7 of Loss Streak for Cracker Barrel Old Country Store Stock with -13% Return (vs. 4.2% YTD) [8/25/2025]
4Day 6 of Loss Streak for Cracker Barrel Old Country Store Stock with -13% Return (vs. 4.4% YTD) [8/22/2025]
5CBRL Dip Buy Analysis
6Cracker Barrel Old Country Store Total Shareholder Return (TSR): 46.8% in 2025 and -1.9% 3-yr compounded annual returns (above peer average)
7Cracker Barrel Old Country Store (CBRL) Operating Cash Flow Comparison
8Cracker Barrel Old Country Store (CBRL) Net Income Comparison
9Cracker Barrel Old Country Store (CBRL) Operating Income Comparison
10Day 5 of Loss Streak for Cracker Barrel Old Country Store Stock with -18% Return (vs. -6.1% YTD) [2/14/2025]
11ARTICLES
12Stocks Trading At 52-Week Low
13CBRL Stock Down -13% after 7-Day Loss Streak
14CBRL Stock Down -13% after 6-Day Loss Streak

Trade Ideas

Select ideas related to CBRL.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
FUN_4302026_Short_Squeeze04302026FUNSix Flags EntertainmentSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.		0.0%0.0%0.0%
MGM_4242026_Insider_Buying_GTE_1Mil_EBITp+DE_V204242026MGMMGM Resorts InternationalInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap		-1.5%-1.5%-1.5%
WEN_4242026_Short_Squeeze04242026WENWendy'sSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.		-2.5%-2.5%-5.3%
WHR_4102026_Short_Squeeze04102026WHRWhirlpoolSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.		-0.8%-0.8%-4.8%
SKY_4022026_Dip_Buyer_FCFYield04022026SKYChampion HomesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		3.1%3.1%-1.2%
CBRL_5312025_Insider_Buying_GTE_1Mil_EBITp+DE_V205312025CBRLCracker Barrel Old Country StoreInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap		-49.2%-44.1%-56.0%
CBRL_9302023_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG09302023CBRLCracker Barrel Old Country StoreDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		12.2%-26.5%-42.9%
CBRL_3312020_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03312020CBRLCracker Barrel Old Country StoreDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		40.4%113.2%-16.0%

Recent Active Movers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons

Peers to compare with:

Financials

CBRLDRITXRHEATCAKEFWRGMedian
NameCracker .Darden R.Texas Ro.Brinker .Cheeseca.First Wa. 
Mkt Price31.49196.23177.38138.6861.6512.10100.17
Mkt Cap0.722.611.76.02.90.74.4
Rev LTM3,36112,7646,0645,7343,8031,2714,768
Op Inc LTM71,50949961125931379
FCF LTM-21994355504171-10263
FCF 3Y Avg36992337347117-11227
CFO LTM1231,735751758319140535
CFO 3Y Avg1781,667706576273117425

Growth & Margins

CBRLDRITXRHEATCAKEFWRGMedian
NameCracker .Darden R.Texas Ro.Brinker .Cheeseca.First Wa. 
Rev Chg LTM-4.1%8.5%10.3%11.8%5.1%20.4%9.4%
Rev Chg 3Y Avg-0.3%7.3%13.0%12.2%4.1%18.3%9.8%
Rev Chg Q-7.9%5.9%12.8%3.2%5.6%17.3%5.8%
QoQ Delta Rev Chg LTM-2.2%1.5%3.2%0.8%1.4%4.0%1.4%
Op Inc Chg LTM-89.6%6.4%-6.3%23.1%10.2%-0.4%3.0%
Op Inc Chg 3Y Avg-45.9%9.3%15.1%58.2%35.1%9.1%12.2%
Op Mgn LTM0.2%11.8%8.2%10.7%6.8%2.4%7.5%
Op Mgn 3Y Avg1.8%11.9%8.7%8.7%6.2%3.3%7.4%
QoQ Delta Op Mgn LTM-0.9%-0.0%-0.1%-0.0%-0.1%-0.1%-0.1%
CFO/Rev LTM3.7%13.6%12.4%13.2%8.4%11.0%11.7%
CFO/Rev 3Y Avg5.2%14.0%13.0%11.1%7.5%10.8%11.0%
FCF/Rev LTM-0.6%7.8%5.8%8.8%4.5%-0.8%5.2%
FCF/Rev 3Y Avg1.0%8.4%6.2%6.6%3.2%-1.0%4.7%

Valuation

CBRLDRITXRHEATCAKEFWRGMedian
NameCracker .Darden R.Texas Ro.Brinker .Cheeseca.First Wa. 
Mkt Cap0.722.611.76.02.90.74.4
P/S0.21.81.91.00.80.60.9
P/Op Inc96.415.023.49.811.124.019.2
P/EBIT-68.215.723.410.015.026.115.3
P/E-175.420.428.212.917.442.218.9
P/CFO5.713.015.67.99.05.38.5
Total Yield2.7%7.9%4.4%7.7%7.6%2.4%6.0%
Dividend Yield3.3%3.0%0.8%0.0%1.9%0.0%1.3%
FCF Yield 3Y Avg1.7%4.5%3.1%6.9%5.2%-1.3%3.8%
D/E1.60.30.10.30.71.40.5
Net D/E1.60.30.10.30.71.40.5

Returns

CBRLDRITXRHEATCAKEFWRGMedian
NameCracker .Darden R.Texas Ro.Brinker .Cheeseca.First Wa. 
1M Rtn8.6%1.1%6.4%-9.7%7.1%8.4%6.7%
3M Rtn-6.1%-8.6%-6.7%-17.9%-2.1%-31.0%-7.6%
6M Rtn0.7%11.9%8.4%35.1%31.3%-29.6%10.1%
12M Rtn-31.7%1.6%4.4%1.5%26.0%-24.3%1.6%
3Y Rtn-64.4%43.9%73.3%270.8%100.4%-28.7%58.6%
1M Excs Rtn-2.5%-7.7%-0.6%-18.9%-3.5%-4.6%-4.0%
3M Excs Rtn-12.8%-15.3%-13.4%-24.6%-8.8%-37.7%-14.4%
6M Excs Rtn-11.8%1.7%-1.0%25.1%20.4%-41.4%0.4%
12M Excs Rtn-58.6%-29.3%-26.2%-31.5%-5.9%-55.7%-30.4%
3Y Excs Rtn-146.3%-38.0%-15.4%176.9%23.7%-110.0%-26.7%

Comparison Analyses

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment3,471    
Restaurant 2,7412,5662,2272,032
Retail 702702594491
Total3,4713,4433,2682,8212,523


Net Income by Segment
$ Mil20252024202320222021
Single Segment41    
Total41    


Price Behavior

Price Behavior
Market Price$31.49 
Market Cap ($ Bil)0.7 
First Trading Date09/07/1984 
Distance from 52W High-55.2% 
   50 Days200 Days
DMA Price$29.18$36.17
DMA Trenddowndown
Distance from DMA7.9%-12.9%
 3M1YR
Volatility46.3%55.3%
Downside Capture1.001.05
Upside Capture128.29100.46
Correlation (SPY)41.5%30.1%
CBRL Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta1.071.161.221.151.351.00
Up Beta0.260.140.16-0.520.721.08
Down Beta3.941.732.221.541.560.68
Up Capture151%117%153%160%117%45%
Bmk +ve Days15223166141428
Stock +ve Days14213563115345
Down Capture588%174%131%161%157%108%
Bmk -ve Days4183056108321
Stock -ve Days8222962135401

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with CBRL
CBRL-27.3%55.6%-0.37-
Sector ETF (XLY)21.8%18.7%0.9236.0%
Equity (SPY)29.0%12.5%1.8330.6%
Gold (GLD)39.8%27.0%1.22-4.9%
Commodities (DBC)50.6%18.0%2.21-5.4%
Real Estate (VNQ)13.0%13.5%0.6625.3%
Bitcoin (BTCUSD)-17.9%42.1%-0.3513.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with CBRL
CBRL-25.3%45.6%-0.49-
Sector ETF (XLY)7.1%23.8%0.2642.0%
Equity (SPY)12.8%17.1%0.5937.9%
Gold (GLD)20.9%17.9%0.952.8%
Commodities (DBC)13.8%19.1%0.593.1%
Real Estate (VNQ)3.4%18.8%0.0833.2%
Bitcoin (BTCUSD)6.9%56.0%0.3418.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with CBRL
CBRL-10.5%42.7%-0.11-
Sector ETF (XLY)12.9%22.0%0.5446.0%
Equity (SPY)15.1%17.9%0.7242.5%
Gold (GLD)13.4%15.9%0.691.5%
Commodities (DBC)9.3%17.8%0.4413.5%
Real Estate (VNQ)5.8%20.7%0.2440.5%
Bitcoin (BTCUSD)67.7%66.9%1.0713.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity4.9 Mil
Short Interest: % Change Since 33120265.0%
Average Daily Volume1.1 Mil
Days-to-Cover Short Interest4.5 days
Basic Shares Quantity22.3 Mil
Short % of Basic Shares21.9%

Returns Analyses

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/4/20261.5%-9.0%-5.7%
12/9/20253.5%-3.8%11.1%
9/17/2025-7.6%-11.7%-18.8%
6/5/2025-7.2%-3.7%14.9%
3/6/20257.6%8.7%-10.4%
12/4/2024-1.8%-6.6%0.4%
9/19/2024-1.1%4.9%19.9%
5/16/2024-14.5%-20.3%-21.5%
...
SUMMARY STATS   
# Positive579
# Negative171513
Median Positive2.1%4.9%4.7%
Median Negative-3.1%-6.6%-9.3%
Max Positive7.6%23.4%19.9%
Max Negative-14.5%-20.3%-21.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
01/31/202603/04/202610-Q
10/31/202512/09/202510-Q
07/31/202509/26/202510-K
04/30/202506/05/202510-Q
01/31/202503/06/202510-Q
10/31/202412/04/202410-Q
07/31/202409/27/202410-K
04/30/202405/30/202410-Q
01/31/202402/27/202410-Q
10/31/202311/30/202310-Q
07/31/202309/26/202310-K
04/30/202306/06/202310-Q
01/31/202302/28/202310-Q
10/31/202212/02/202210-Q
07/31/202209/27/202210-K
04/30/202206/07/202210-Q

Recent Forward Guidance [BETA]

Latest: Q2 2026 Earnings Reported 3/4/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue3.24 Bil3.25 Bil3.27 Bil0.2% RaisedGuidance: 3.25 Bil for 2026
2026 Adjusted EBITDA85.00 Mil92.50 Mil100.00 Mil2.8% RaisedGuidance: 90.00 Mil for 2026
2026 Commodity inflation0.020.020.03-25.0%-0.8%LoweredGuidance: 0.03 for 2026
2026 Hourly wage inflation0.030.030.03-21.4%-0.8%LoweredGuidance: 0.04 for 2026
2026 Capital expenditures105.00 Mil110.00 Mil115.00 Mil-6.4% LoweredGuidance: 117.50 Mil for 2026

Prior: Q1 2026 Earnings Reported 12/9/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Total Revenue3.20 Bil3.25 Bil3.30 Bil-4.4% LoweredGuidance: 3.40 Bil for 2026
2026 Adjusted EBITDA70.00 Mil90.00 Mil110.00 Mil-47.1% LoweredGuidance: 170.00 Mil for 2026
2026 Commodity Inflation0.030.030.0400AffirmedGuidance: 0.03 for 2026
2026 Hourly Wage Inflation0.030.040.0400AffirmedGuidance: 0.04 for 2026
2026 Capital Expenditures110.00 Mil117.50 Mil125.00 Mil-17.5% LoweredGuidance: 142.50 Mil for 2026

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value		Value of
Held Shares		Form
1Gmt, Capital Corp DirectSell106202627.1042,4001,149,04059,560,380Form
2Gmt, Capital Corp DirectSell1231202525.5642,4001,083,74457,259,512Form
3Gmt, Capital Corp DirectSell1226202526.0342,4001,103,67259,416,078Form
4Gmt, Capital Corp DirectSell1223202526.3742,4001,118,08861,310,250Form
5Gmt, Capital Corp DirectSell1218202526.8542,4001,138,44063,564,690Form

External Quote Links


Prefer one of these to Trefis? Tell us why.