Cracker Barrel Expects Adj. EBITDA, Revenue To Improve In 2027; Stock Up Over 8% In Pre-Market

(RTTNews) - Cracker Barrel Old Country Store, Inc.(CBRL), a chain of restaurants and gift stores, on Wednesday initiated guidance for fiscal 2027. For the 12-month period to July 31, 2027 (fiscal 2027), Cracker Barrel expects adjusted EBITDA of $180 million to $200 million. The company anticipates total revenue of $3.325 billion to $3.4 billion, including comparable store restaurant sales growth of 3% to 5%, without new store openings. For the 12-month period to July 31, 2026, Cracker Barrel has recorded adjusted EBITDA of $147.714 million with total revenue of $3.318 billion. For fiscal 2027, Cracker Barrel projects capital expenditure of $110 million to $125 million. The board will pay a quarterly dividend of $0.