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Jul 30, 2021
Cracker Barrel Q4 2021 Earnings Report
Reported financial results for the fourth quarter of fiscal 2021.
Key Takeaways
Cracker Barrel reported a total revenue of $784.4 million for the fourth quarter of fiscal 2021, representing an increase of 58.4% compared to the fourth quarter of fiscal 2020. GAAP earnings per diluted share were $1.53, and adjusted earnings per diluted share were $2.25.
Fourth quarter profitability continued to trend positively from the third quarter.
Off-premise sales, retail business, and Maple Street Biscuit Company concept continued to outperform.
Cost-savings, the introduction of our new dinner menu and the continued roll-out of beer and wine to our stores, and helped ensure our continued recovery in 2021.
Board increases quarterly dividend to pre-pandemic level of $1.30 per share
Forward Guidance
The Company is not providing its customary annual earnings guidance for fiscal 2022 at this time due to the ongoing business impact and significant uncertainty created by the COVID-19 pandemic.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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