Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) is a renowned American restaurant and gift store chain, known for its Southern country theme. The company competes with other casual dining chains like Denny's and IHOP. Cracker Barrel is gearing up for its quarterly earnings announcement on November 27, 2025, with analysts forecasting an EPS of -$0.68 and projected revenue of $805.2 million.
The company recently navigated through a branding crisis, sparked by CEO Julie Felss Masino's decision to replace the iconic "Old Timer" logo, which led to political backlash and a decline in customer traffic. Despite the challenges, Masino kept her position, while board member Gilbert Dávila was removed, as reported by The Wall Street Journal.
Cracker Barrel's financial metrics present a mixed outlook. The company has a price-to-earnings (P/E) ratio of 12.56, indicating investor expectations for future earnings growth. However, its price-to-sales ratio of 0.17 suggests a low market valuation relative to sales. The enterprise value to sales ratio stands at 0.49, and the enterprise value to operating cash flow ratio is 7.87, reflecting the company's financial health.
The earnings yield is at 7.96%, suggesting a reasonable return on investment. Nevertheless, the high debt-to-equity ratio of 2.55 signals a significant level of debt compared to equity. Additionally, the current ratio of 0.50 may raise concerns about the company's ability to meet short-term obligations, highlighting potential liquidity issues.
