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LEBANON, Tenn. , Sept. 19, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the fourth quarter of fiscal 2024 ended August 2, 2024.
The average of price targets set by Wall Street analysts indicates a potential upside of 31.3% in Cracker Barrel (CBRL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
CBRL's fourth-quarter fiscal 2024 top line is likely to have been aided by menu innovation, higher menu pricing, expansion and other sales-building efforts.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Cracker Barrel Old Country Store, Inc. CBRL will release earnings results for its fourth quarter, before the opening bell on Thursday, Sept. 19.
Get a deeper insight into the potential performance of Cracker Barrel (CBRL) for the quarter ended July 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
CNBC's Jim Cramer is eyeing the long-awaited interest rate decision from the Federal Reserve and earnings from restaurant chain companies Darden and Cracker Barrel. Investors are broadly expecting the central bank to issue a rate cut but are unsure whether it will be by 25 or 50 basis points.
Cracker Barrel (CBRL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Cracker Barrel (CBRL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.