Cracker Barrel reported Q2 FY2026 results, with total revenue of USD 874.8 million, down 7.9%. Comparable store restaurant sales fell 7.1% and comparable store retail sales declined 9.2% in Q2. GAAP net income was USD 1.3 million and GAAP diluted EPS was USD 0.06, while adjusted net income was USD 5.6 million and adjusted diluted EPS was USD 0.25. Adjusted EBITDA totaled USD 38.2 million. The company ended Q2 with total debt of USD 531.5 million and said it expects to record a net cash benefit of about USD 46 million in Q3 following the settlement of certain litigation matters. Cracker Barrel declared a quarterly dividend of USD 0.25 per share, payable May 13, 2026, to shareholders of record April 10, 2026. It updated its FY2026 outlook to revenue of USD 3.24 billion to USD 3.27 billion and adjusted EBITDA of USD 85 million to USD 100 million, while continuing to expect 2 new Cracker Barrel stores. CEO Julie Masino said the company’s focus on operational excellence is improving key guest metrics that it views as leading traffic indicators, and noted additional actions to improve financial performance.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cracker Barrel Old Country Store Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603041605PR_NEWS_USPR_____CL00395) on March 04, 2026, and is solely responsible for the information contained therein.
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