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Cracker Barrel reports first quarter fiscal 2026 results
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Monday, 15 December, 2025, 08 : 00 AM [IST]
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Tennessee, USA
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Cracker Barrel Old Country Store, Inc., reported its financial results for the first quarter of fiscal 2026 ended October 31, 2025.
First Quarter Fiscal 2026 Highlights - Total revenue was $797.2 million. Compared to the prior year first quarter, total revenue decreased 5.7%; Comparable store restaurant sales decreased 4.7% over the prior year quarter, and comparable store retail sales decreased 8.5%; GAAP earnings (loss) per diluted share were ($1.10), and adjusted earnings (loss) per diluted share were ($0.74); GAAP net income (loss) was ($24.6) million compared to the prior year quarter GAAP net income of $4.8 million; Adjusted EBITDA was $7.2 million, compared to the prior year quarter adjusted EBITDA1 of $45.8 million.
Julie Masino, president and chief executive officer, Cracker Barrel, said, "First quarter results were below our expectations amid unique and ongoing headwinds. We have adjusted our operational initiatives, menu, and marketing to ensure we are consistently delivering delicious food and exceptional experiences. Additionally, we are executing a variety of cost savings initiatives to bolster our financial performance. Although our recovery will take time, our teams are more committed than ever, and we are confident that we will regain momentum."
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