Cracker Barrel Old Country Store Inc. (CBRL, Financial) experienced a significant 5.17% drop in its stock, trading at $47.50 per share. The trading volume reached 335,312 shares with a turnover rate of 1.51% and a price fluctuation amplitude of 4.19%.
Recently released financial data shows Cracker Barrel generated $3.471 billion in revenue, with a net profit of $40.93 million. The company reported an earnings per share (EPS) of $1.84 and a gross profit of $280 million, giving it a price-to-earnings (P/E) ratio of 26.19.
Regarding institutional analysis, among the nine institutions covering the stock, 67% recommended holding the stock, while 33% suggested selling, with no buy recommendations given.
In the broader restaurant industry, where Cracker Barrel operates, the overall decline was modest at 0.13%. Notable performers included Tiandi Hui and Kura Sushi USA, Inc., which saw significant gains. Active stocks in the same sector, such as Xiang Song International, Denny's, and Red Robin, showed turnover rates of 3.31%, 2.50%, and 2.03%, respectively, and notable price fluctuation amplitudes of 31.78%, 14.16%, and 10.58%.
Cracker Barrel operates hundreds of full-service restaurants across the U.S., offering country-style meals for breakfast, lunch, and dinner. Key cost contributors include beef, dairy, produce, pork, and poultry, sourced from multiple suppliers based on a cost-plus model. Each restaurant is situated in a standalone building and features a gift shop, which contributes approximately one-quarter of the company's total revenue. The retail segment's largest income driver is from clothing and accessories.
