Cracker Barrel stock surged 8.3% as the company beat fiscal Q4 earnings and revenue targets, while management unveiled a strategic fiscal 2027 outlook focused on debt reduction and operational efficiency.
Cracker Barrel beat fiscal Q4 earnings and revenue estimates, delivered higher adjusted EBITDA, and issued fiscal 2027 guidance, sending shares up 8.3%.
Cracker Barrel shares climbed 8.3% to $49.25 after the restaurant chain reported fiscal fourth-quarter earnings of 99 cents per share, significantly outpacing analyst expectations of 26 cents. Revenue of $849.3 million also topped consensus estimates, while the company outlined a fiscal 2027 outlook targeting up to $3.4 billion in revenue under new CEO David Deno.
The company reported adjusted earnings of 99 cents per share, aided by improved EBITDA results and a $9.1 million benefit from tariff refunds.
Cracker Barrel projects revenue between $3.325 billion and $3.4 billion, with comparable-store restaurant sales growth of 3% to 5% and no new store openings.