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Cracker Barrel Boosts FY25 Revenue Outlook; Declares Dividend - Update

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

While reporting financial results for the second quarter on Thursday, Cracker Barrel Old Country Store, Inc. (CBRL) raised its total revenue guidance for the full-year 2025 to be between $3.45 billion and $3.50 billion from the prior outlook between $3.4 billion and $3.5 billion.

On average, nine analysts polled expect the company to report revenues of $3.46 billion for the year.

The Company announced that its Board of Directors declared a quarterly dividend of $0.25 per share on the Company's common stock, payable on May 14, 2025 to shareholders of record as of April 11, 2025.

For the second quarter, the company reported that comparable store restaurant sales increased 4.7 percent, while comparable store retail sales increased 0.2 percent.

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