Cracker Barrel Old Country Store Inc. (CBRL, Financial) saw its stock price rise significantly by 5.18%. The stock is currently trading at $47.70 per share, with a trading volume of 380,435 shares and a turnover rate of 1.71%, showing a price fluctuation of 5.46%.
Recent financial data indicates Cracker Barrel achieved a revenue of $3.471 billion, a net profit of $40.93 million, and earnings per share of $1.84. The company recorded a gross profit of $280 million and a price-to-earnings ratio of 25.92.
From a ratings perspective, out of the nine institutions rating the stock, 67% recommend holding, while 33% suggest selling. None of the institutions recommend buying.
Within the restaurant industry, where Cracker Barrel operates, the sector has shown an overall increase of 0.02%. Notable related stocks include Arcos Dorados Holdings Inc., Dine Brands Global Inc., and Rave Restaurant Group, Inc., which have seen significant gains. Dine Brands Global Inc., Cracker Barrel, and Arcos Dorados Holdings Inc. are among the most actively traded stocks, with turnover rates of 4.67%, 1.74%, and 1.63%, respectively. Other stocks in the sector, such as Bt Brands, Inc., Xiang Song International, and Tims China, exhibited high price fluctuations of 15.35%, 14.44%, and 12.05%, respectively.
Cracker Barrel Old Country Store Inc. operates hundreds of full-service restaurants across the United States, offering breakfast, lunch, and dinner with a menu focused on country-style homemade dishes. The company's major cost inputs include beef, dairy, vegetables, pork, and poultry. The company sources food from various suppliers based on a cost-plus-profit principle. Each restaurant operates within standalone buildings and includes a gift shop, which contributes about a quarter of the company's total revenue. Apparel and accessories represent the largest revenue segment within its retail operations.
