Cracker Barrel Old Country Store has recently released its 10-Q report, providing insights into its financial performance and operations. The company operates the Cracker Barrel Old Country Store concept in the United States, comprising restaurants with a gift shop offering various decorative and functional items. As of January 31, 2025, Cracker Barrel operated 657 Cracker Barrel stores in 43 states and 69 Maple Street Biscuit Company locations in ten states.
In its Management’s Discussion and Analysis of Financial Condition and Results of Operations, the company outlined its strategic transformation plan, focusing on refining the brand, enhancing the menu, evolving the store and guest experience, winning in digital and off-premise, and elevating the employee experience. Despite significant challenges in the macroeconomic outlook, including inflation and interest rate volatility, the company remains focused on delivering long-term growth and returns for shareholders.
Key performance indicators used by management to evaluate operational and financial performance include comparable store restaurant and retail sales increase/(decrease), average check increase per guest, and comparable restaurant guest traffic increase/(decrease). These indicators help assess sales growth, guest preferences, and the effectiveness of menu changes.
In terms of financial results, total revenue for the second quarter and first six months of 2025 increased by 1.5% and 2.0% respectively compared to the same periods in the prior year. The revenue components for the specified periods showed that restaurant revenue accounted for 79.0% and 79.9% of total revenue in the second quarter and first six months of 2025, respectively, while retail revenue accounted for 21.0% and 20.1% of total revenue in the same periods.
Today the company's shares have moved 7.1% to a price of $43.14. For the full picture, make sure to review Cracker Barrel Old Country Store's 10-Q report.
