📊 CBRL Key Takeaways
Investment Thesis
Cracker Barrel is experiencing severe operational deterioration with negative operating and net income despite stable revenue, indicating fundamental business model stress. The company is burning cash with negative operating cash flow and free cash flow, while maintaining high debt levels with deteriorating interest coverage, creating significant solvency risk.
CBRL Strengths
- Reasonable gross margin of 57.1% demonstrates pricing power and cost management in core operations
- Revenue relatively stable with modest 0.4% growth showing maintained customer traffic despite operational challenges
- Modest debt-to-equity ratio of 0.90x provides some leverage flexibility compared to typical retail
CBRL Risks
- Negative operating income of -32.3M indicates the business cannot cover operating expenses from core operations
- Severely negative free cash flow of -64.4M combined with only 8.6M in cash reserves creates urgent liquidity concerns
- Deteriorating interest coverage of -9.0x with 381.8M long-term debt signals inability to service debt obligations from operations
- Current ratio of 0.49x indicates working capital deficit and potential inability to meet short-term obligations
- Negative operating and net cash flows despite capital expenditure of 62.3M suggests unsustainable cash burn
Key Metrics to Watch
- Quarterly operating cash flow trend - must return to positive to indicate operational viability
- Debt refinancing needs and covenant compliance with 381.8M long-term debt obligations
- Monthly same-store sales and operating margin recovery path toward profitability
CBRL Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
CBRL Profitability Ratios
CBRL vs Consumer Sector
How CRACKER BARREL OLD COUNTRY STORE, INC compares to Consumer sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CBRL Balance Sheet & Liquidity
CBRL 5-Year Financial Trend
5-Year Trend Summary: CRACKER BARREL OLD COUNTRY STORE, INC's revenue has grown significantly by 13% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.45 reflects profitable operations.
CBRL Growth Metrics (YoY)
CBRL Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $874.8M | $1.3M | $0.06 |
| Q1 2026 | $797.2M | $4.8M | $0.22 |
| Q3 2025 | $817.1M | $4.8M | $-0.41 |
| Q2 2025 | $935.4M | $4.8M | $0.99 |
| Q1 2025 | $823.8M | $4.8M | $0.22 |
| Q3 2024 | $817.1M | $5.5M | $-0.41 |
| Q2 2024 | $933.9M | $5.5M | $1.19 |
| Q1 2024 | $823.8M | $5.5M | $0.25 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CBRL Capital Allocation
CBRL SEC Filings
Access official SEC EDGAR filings for CRACKER BARREL OLD COUNTRY STORE, INC (CIK: 0001067294)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CBRL
What is the AI rating for CBRL?
CRACKER BARREL OLD COUNTRY STORE, INC (CBRL) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CBRL's key strengths?
Reasonable gross margin of 57.1% demonstrates pricing power and cost management in core operations. Revenue relatively stable with modest 0.4% growth showing maintained customer traffic despite operational challenges.
What are the risks of investing in CBRL?
Negative operating income of -32.3M indicates the business cannot cover operating expenses from core operations. Severely negative free cash flow of -64.4M combined with only 8.6M in cash reserves creates urgent liquidity concerns.
What is CBRL's revenue and growth?
CRACKER BARREL OLD COUNTRY STORE, INC reported revenue of $1.7B.
Does CBRL pay dividends?
CRACKER BARREL OLD COUNTRY STORE, INC pays dividends, with $12.0M distributed to shareholders in the trailing twelve months.
Where can I find CBRL SEC filings?
Official SEC filings for CRACKER BARREL OLD COUNTRY STORE, INC (CIK: 0001067294) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CBRL's EPS?
CRACKER BARREL OLD COUNTRY STORE, INC has a diluted EPS of $-1.05.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.