Cracker Barrel Old Country StoreQ4 adjusted EBITDA rose 11.4% to $62.1M with debt cut $147.4M and FY2027 revenue/EBITDA guidance issued.

Cracker Barrel Old Country Store reported fourth-quarter fiscal 2026 adjusted EBITDA of $62.1 million, or 7.3% of total revenue, up 11.4% from $55.7 million a year earlier, on total revenue of $849.3 million. Restaurant revenue was $698.5 million and retail revenue was $150.8 million, with comparable store restaurant sales down 2.1% on a 6.1% traffic decline while comparable store retail sales rose 0.7%, the strongest retail comp growth since the second quarter of fiscal 2023. GAAP earnings per diluted share came in at $0.54 and adjusted earnings per diluted share at $0.99, and the company cut total debt by $147.4 million year over year to $337.2 million, with $541.3 million in available liquidity. For fiscal 2027, Cracker Barrel guided to total revenue of $3.325 billion to $3.4 billion, comparable store restaurant sales growth of approximately 3% to 5% with no new stores, adjusted EBITDA of $180 million to $200 million, and capital expenditures of $110 million to $125 million, roughly 65% maintenance and 35% technology and other strategic initiatives. Chief Executive Officer Dave Deno, about six weeks into the role, said the company will stay focused on food quality, hospitality and menu mix, and Chief Financial Officer Craig Pommells said pricing will be highest early in the year at about 3% in the first quarter before tapering sequentially.
Cracker Barrel Old Country StoreQ4 adjusted EBITDA rose 11.4% to $62.1M with debt cut $147.4M and FY2027 revenue/EBITDA guidance issued.