CBRL Cracker Barrel Old Country Store Inc Stock Overview U.S.: Nasdaq

July 18, 2022

CBRL Cracker Barrel Old Country Store Inc Stock Overview U.S.: Nasdaq

The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Plus, CBRL info will be updated daily in your Zacks.com Portfolio Tracker – also free. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 1,243 employees have rated Cracker Barrel Old Country Store Chief Executive Officer Sandra B. Cochran on Glassdoor.com.

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CBRL’s historical performance
against its industry peers and the overall market. These restaurant stocks might have possibilities, even with coronavirus still active in the U.S. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.

Currently, 9.3% of the shares of the company are short sold.
During fiscal 2023, the total cost of goods sold (as a percentage of total revenues) came in at 32.8% compared with 32.1% reported in fiscal 2022.
CBRL earnings call for the period ending October 29, 2021.
Its restaurants are open for breakfast, lunch, and dinner, with menus that offer home-style country food.
For example, a price above its moving average is generally considered an upward trend or a buy.

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Cracker Barrel’s biggest input costs are beef, dairy, fruits and vegetables, pork, and poultry. The company purchases its food products from a few different vendors on a cost-plus basis. All restaurants are located in freestanding buildings and include gift shops, which contribute roughly one fourth of total company revenue. Apparel and accessories are the company’s biggest revenue generators in the retail segment of the business. Based in Lebanon, Tennessee, Cracker Barrel operates 660 of its restaurants in 45 states, using an old country store motif to sell its brand of comfort food like biscuits and gravy.

Shares of Cracker Barrel have declined 24.8% in the past three months compared with the industry’s 7.4% fall. The downside was mainly caused by commodity and wage inflation and a challenging macro environment. Also, dismal traffic, courtesy of a challenged consumer environment, added to the downside. During fiscal 2023, the total cost of goods sold (as a percentage of total revenues) came in at 32.8% compared with 32.1% reported in fiscal 2022. The 70 basis points (bps) increase is attributable to commodity inflation and the high-cost environment.

Top Stocks to Buy in October Despite Market Fears

Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. According to 8 analysts, the average rating for CBRL stock is “Hold.” The 12-month stock price forecast is $88.0, which is an increase of 30.95% from the latest price. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

Based on an average daily trading volume, of 543,100 shares, the days-to-cover ratio is presently 3.7 days. Currently, 9.3% of the shares of the company are short sold. The largest of Darden’s franchises by far, Olive Garden is about “more and more and more,” as Cardenas said Thursday.

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After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Our Quantitative Research team models direct competitors or comparable companies
from a bottom-up perspective to find companies describing their business in a
similar fashion. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. is forex trade profitable CBRL earnings call for the period ending December 31, 2020. CBRL earnings call for the period ending October 29, 2021. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.

What 8 Analyst Ratings Have To Say About Cracker Barrel Old

The ex-dividend date of this dividend is Thursday, October 19th. It’s been over three years since many restaurants closed their doors and customers opted to eat more meals at home because of the Covid pandemic. Now, some older customers are still staying away, exacerbating a foot traffic problem faced by restaurant chains. Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. Moving ahead, the company emphasizes enhancing its curbside pickup process, integrating off-premise applications and processes (with back-of-house technology) and streamlining processes. The company expects to attract new customers and drive sustained growth in its off-premise business through its virtual brand, Chicken and Biscuits.

U.S. stocks end mixed, but book weekly gains as strong jobs data challenges Fed to push interest rates higher

These are established companies that reliably pay dividends. Cracker Barrel Old Country Store Inc operates hundreds of full-service restaurants throughout the United States. Its restaurants are open for breakfast, lunch, and dinner, with menus that offer home-style country food.

Company Summary

Sandra B. Cochran has an approval rating of 71% among the company’s employees. Click the link below and we’ll send you MarketBeat’s guide to investing in electric vehicle technologies (EV) Forex trading for beginners and which EV stocks show the most promise. Sign-up to receive the latest news and ratings for Cracker Barrel Old Country Store and its competitors with MarketBeat’s FREE daily newsletter.

The company issued revenue guidance of $800.00 million-$850.00 million, compared to the consensus revenue estimate of $848.54 million. At Cracker Barrel locations open for at least a year and a half, sales grew 2.4% from the year before in the three months ending July 28. Cracker Barrel (CBRL) shares have also fluctuated during the pandemic and have fallen nearly 27% this year. FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals.

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“Come in to Olive Garden for more, more food, more value, more refills.” The company’s share price has fluctuated since the pandemic and is up about 4% for the year but dipped about 2.5% on Thursday. Founded in 1993, The Motley Fool is a financial services company dedicated Pitch the Perfect Investment to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.