The FY2027 adjusted EBITDA guidance of $180-200M implies a meaningful step-up from FY2026's $147.7M, driven by expected 3-5% comparable restaurant sales growth and margin recovery. Monitor Q1 FY2027 same-store sales trends and commodity/wage inflation for confirmation of the guidance trajectory.
Price Chart
Executive Summary
Cracker Barrel reported Q4 FY2026 adjusted EPS of $0.99, well above the $0.17 consensus, and provided FY2027 adjusted EBITDA guidance of $180-200M. Revenue of $849.3M slightly beat the $845.0M consensus but declined 2.2% YoY. The strong EPS beat was driven by a $47.4M sale-leaseback gain, tariff refunds, and cost controls, while underlying comparable restaurant sales fell 2.1%.
Key Financial Metrics
Key Facts
- Adjusted EPS $0.99 vs consensus $0.17 (+482% beat)
- Revenue $849.3M vs consensus $845.0M (+0.5% beat), but -2.2% YoY
- FY2027 adjusted EBITDA guidance $180-200M vs FY2026 $147.7M (up 22-35%)
- Comparable restaurant sales -2.1% YoY; comparable retail sales +0.7% YoY
- Total debt reduced to $337.2M from $484.6M; leverage ratio 1.7x
- Sale-leaseback on 26 stores generated $77M net proceeds used for debt paydown
- Divested Maple Street Biscuit Company on July 20, 2026
- Quarterly dividend maintained at $0.25/share
Financial Impact
Adjusted EPS beat consensus by $0.82 (482%); FY2027 adjusted EBITDA guidance midpoint $190M implies ~29% YoY growth
Risk Factors
- FY2027 guidance assumes 3-5% comparable restaurant sales growth, which may prove optimistic given the -2.1% Q4 trend
- Commodity inflation of ~3% and wage inflation of 2.5-3% could pressure margins if sales growth disappoints
- The adjusted EPS beat was heavily influenced by one-time items (sale-leaseback gain, tariff refunds, MSBC divestiture) that may not recur
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302886679 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 20d ago | DEFA14A | $56.40 | awaiting T+20 | — | $67.79 (+20.20%) |
Oct 6, 2026 20d ago | DEF 14A | $56.40 | awaiting T+20 | — | $67.79 (−20.20%) |
Sep 23, 2026 4w ago | 8-K | $47.52 $65.75 | ▲ +38.36% | ▲ +37.68% | $67.79 (+42.66%) |
Sep 23, 2026 4w ago | Press Release | $47.52 $65.75 | ▲ +38.36% | ▲ +37.68% | $67.79 (+42.66%) |
Aug 19, 2026 9w ago | Court Ruling | $55.13 $45.06 | ▲ +18.27% | ▲ +18.15% | $67.79 (−22.96%) |
Aug 14, 2026 10w ago | Institutional Cluster | $59.04 $45.15 | ▼ −23.53% | ▼ −21.55% | $67.79 (+14.82%) |
Jul 27, 2026 13w ago | 8-K | $52.43 $58.02 | ▲ +10.66% | ▲ +7.36% | $67.79 (+29.30%) |
Jun 9, 2026 19w ago | 8-K | $44.49 $49.51 | ▲ +11.28% | ▲ +7.66% | $67.79 (+52.37%) |
Jun 1, 2026 21w ago | Court Ruling | $33.88 $54.63 | ▲ +61.25% | ▲ +62.82% | $67.79 (+100.11%) |
Mar 4, 2026 33w ago | 8-K | $30.81 $28.65 | ▲ +7.02% | ▲ +3.23% | $67.79 (−120.03%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers