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Aug 02, 2024
Cracker Barrel Q4 2024 Earnings Report
Reported an increase in total revenue, driven by the additional operating week, while comparable store retail sales decreased.
Key Takeaways
Cracker Barrel reported a 6.9% increase in total revenue for the fourth quarter of fiscal 2024, reaching $894.4 million. This includes a $62.8 million benefit from the 53rd week. GAAP net income was $18.1 million, or $0.81 per diluted share, while adjusted earnings per diluted share were $0.98.
Total revenue increased by 6.9% to $894.4 million, including a $62.8 million benefit from the 53rd week.
Comparable store restaurant sales increased by 0.4%, with menu pricing increases of 4.2%.
Comparable store retail sales decreased by 4.2%.
GAAP earnings per diluted share were $0.81, and adjusted earnings per diluted share were $0.98.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The Company provided the following outlook for fiscal 2025: The Company reminds investors that its outlook reflects a number of assumptions, many of which are outside the Company’s control. In particular, uncertainties created by macroeconomic conditions, such as ongoing inflation, low consumer confidence and high interest rates may adversely affect consumer behavior and cause actual results to differ materially from those expected.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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