Cracker Barrel posts $24.6 million loss and cuts fiscal 2026 EBITDA outlook
Cracker Barrel reported a first-quarter fiscal 2026 GAAP net loss of $24.6 million, or $1.10 per diluted share, compared with net income of $4.8 million, or $0.22 per share, a year earlier. The company cut its fiscal 2026 adjusted EBITDA outlook to $70 million to $110 million from $150 million to $190 million, and lowered its revenue outlook, which signals weaker expected profit and sales for shareholders.
Key points
- Total revenue fell 5.7% to $797.2 million; comparable store restaurant sales decreased 4.7% and comparable store retail sales decreased 8.5%.
- Adjusted loss per diluted share was $0.74, versus adjusted earnings of $0.45 a year earlier; adjusted EBITDA was $7.2 million, compared with $45.8 million.
- Fiscal 2026 revenue outlook was lowered to $3.2 billion to $3.3 billion from $3.35 billion to $3.45 billion.
- The quarterly dividend was declared at $0.25 per share, payable February 11, 2026, to holders of record as of January 16, 2026.
The filing
Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 09, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.