Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) Q3 2025 Earnings Call | 6/5/2025

About this video

Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) reported Q3 2025 results on June 5, 2025, with total revenue of $821.1 million—a 0.5% increase year-over-year—driven by a 1.0% rise in comparable store restaurant sales, offsetting a 3.8% decline in comparable store retail sales. Restaurant revenue grew 1.2% to $679.3 million, while retail revenue dipped 2.7% to $141.8 million. GAAP earnings per diluted share were $0.56, and adjusted EPS was $0.58—more than double analyst forecasts of $0.26. Net income reached $12.6 million, a turnaround from a $9.2 million loss a year ago. Adjusted EBITDA rose slightly to $48.1 million, and labor expenses as a percentage of revenue improved by 70 basis points to 37.1%, reflecting menu pricing actions and enhanced productivity through back-of-house optimization. Management raised full-year adjusted EBITDA guidance to $215–$225 million and now projects total fiscal 2025 revenue between $3.45 billion and $3.50 billion. The Board declared a quarterly dividend of $0.25 per share, payable August 13, 2025. Operationally, Cracker Barrel reported a 14 percentage point improvement in hourly turnover and continued to invest in menu innovation and marketing, with spring promotions and expanded pancake offerings contributing to guest engagement. The company is actively mitigating tariff impacts—estimated at $5 million for Q4—through vendor negotiations, alternate sourcing, and product adjustments. CEO Julie Masino emphasized, “Our third quarter performance exceeded our expectations and represents the fourth consecutive quarter of positive comparable store restaurant sales growth. We remain focused on executing our transformation plan and believe we are well-positioned to deliver a strong finish to the fiscal year”. About Inside Ticker: For more expert analysis and real-time updates on Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) and other market movers, follow Inside Ticker and visit InsideTicker.com for in-depth reports, financial insights, and the latest news on leading companies. #CrackerBarrel #CBRL #EarningsCall #Q32025 #RestaurantStocks #Dividend #Tariffs #StockMarket #Investing #InsideTicker