NASDAQ$CBRL

Cracker Barrel Old Country Store Inc. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter of fiscal 2021.

Cracker Barrel reported a total revenue of $784.4 million for the fourth quarter of fiscal 2021, representing an increase of 58.4% compared to the fourth quarter of fiscal 2020. GAAP earnings per diluted share were $1.53, and adjusted earnings per diluted share were $2.25.

  • Fourth quarter profitability continued to trend positively from the third quarter.
  • Off-premise sales, retail business, and Maple Street Biscuit Company concept continued to outperform.
  • Cost-savings, the introduction of our new dinner menu and the continued roll-out of beer and wine to our stores, and helped ensure our continued recovery in 2021.
  • Board increases quarterly dividend to pre-pandemic level of $1.30 per share

Headline financials

Total Revenue

$784M

Previous: $495M+58.4%
EPS (adj)

$2.25

Previous: -$0.85+364.7%
Comp Restaurant Sales Growth

53.5%

Previous: -39.2%+236.5%
Comp Retail Sales Growth

74.8%

Previous: -32.3%+331.6%
Capital Expenditures

$26.3M

Previous: $214M-87.7%
Free Cash Flow

$63.1M

Previous: -$140M+145.1%
Net Income

$36.4M

Previous: $25.9M+40.4%
Operating Income

$62.7M

Previous: $40.1M+56.4%
Gross Profit

$280M

Previous: $157M+78.9%
Cash & Equivalents

$327M

Previous: $437M-25.2%
Total Assets

$2.39B

Previous: $2.54B-6.0%
Stock-Based Comp

$1.54M

Previous: $2.22M-30.4%

Revenue & EPS history

Cracker Barrel · Revenue · Quarterly

$784M

Q4 2021+58.4%vs Q4 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Cracker Barrel · $428M total across 2 segments · Q3 2020

  • Restaurant
    $356M-41.6%
  • Retail
    $72.2M-44.3%

Forward guidance

The Company is not providing its customary annual earnings guidance for fiscal 2022 at this time due to the ongoing business impact and significant uncertainty created by the COVID-19 pandemic.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.0%

Avg return

Earnings day

-1.4%

Avg return

5 days after

-2.5%

Avg return

30 days after

49%

33 / 68 earnings

Positive

+22.3%

Q3 2026

Best reaction

-15.0%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+22.3%+19.5%
Q2 2026-1.2%-7.8%-5.6%
Q1 2026+3.7%-1.4%+11.1%
Q4 2025-7.6%-11.2%-20.1%
Q3 2025+6.0%+4.7%+15.7%
Q2 2025+7.6%+4.0%-7.6%
Q1 2025+7.8%+4.3%+13.2%
Q4 2024+0.0%+4.2%+21.4%
Q3 2024+7.5%+12.8%-7.1%
Q2 2024-8.3%-8.3%+0.6%
Q1 2024-3.7%-6.0%+2.6%
Q4 2023-4.9%-6.5%-8.8%
Q3 2023-2.4%-6.3%-6.5%
Q2 2023+2.8%+1.9%+4.3%
Q1 2023-15.0%-15.8%-16.6%
Q4 2022-1.4%-5.3%+14.0%
Q3 2022-6.4%-8.1%-13.7%
Q2 2022-3.1%+2.2%-9.5%
Q1 2022-7.5%-10.3%-10.4%
Q4 2021+0.2%+4.3%-5.7%
Q3 2021-0.6%-2.0%-5.5%
Q2 2021+0.2%-2.0%+6.3%
Q1 2021-0.4%-6.1%-6.9%
Q4 2020-9.5%-14.4%-13.1%
Q3 2020+10.3%+20.4%-1.6%
Q2 2020-5.8%-13.7%-48.6%
Q1 2020-3.6%-2.4%-1.6%
Q4 2019+0.4%+0.8%-6.1%
Q3 2019+3.3%+1.6%+7.4%
Q2 2019-4.3%-4.7%-4.5%
Q1 2019+3.5%+3.3%-8.1%
Q4 2018-3.9%-2.9%+2.9%
Q3 2018+0.0%+0.7%+3.5%
Q2 2018-8.8%-7.1%-9.0%
Q1 2018-5.9%-6.3%+5.5%
Q4 2017+0.4%-0.9%+1.9%
Q3 2017+1.8%+2.3%+1.4%
Q2 2017-5.2%-4.2%-7.4%
Q1 2017+7.4%+6.6%+10.4%
Q4 2016-6.9%-6.9%-11.3%
Q3 2016+10.6%+11.7%+12.0%
Q2 2016+3.9%
Q1 2016-5.7%
Q4 2015-3.1%
Q3 2015+5.0%
Q2 2015+11.4%
Q1 2015+3.8%
Q4 2014+0.6%
Q3 2014-1.3%
Q2 2014-1.4%
Q1 2014-7.9%
Q4 2013-2.8%
Q3 2013+7.3%
Q2 2013+12.7%
Q1 2013-5.6%
Q4 2012+3.3%
Q3 2012+0.2%
Q2 2012+1.1%
Q1 2012-3.7%
Q4 2009-1.6%
Q4 2011-1.6%
Q3 2010-1.7%
Q3 2011-1.7%
Q2 2011-1.7%
Q2 2010+2.3%
Q1 2010+2.3%
Q4 2010+2.3%
Q1 2011+2.3%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro