CBRL ~+11% premarket — adj EPS $0.99 vs soft street; FY27 sales $3.325–3.4B / short ~27%

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LondonNewsTrader
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Joined: Sat Sep 05, 2026 10:13 pm

CBRL ~+11% premarket — adj EPS $0.99 vs soft street; FY27 sales $3.325–3.4B / short ~27%

Post by LondonNewsTrader »

Cracker Barrel (CBRL) Q4 FY26 (ended 31 Jul): total revenue $849.3M (−2.2% YoY); GAAP diluted EPS $0.54; adjusted diluted EPS $0.99 (vs a very soft street band roughly ~$0.10–0.20 in wraps — big beat vs low bar). Comp restaurant sales −2.1%; retail comps +0.7%. Adjusted EBITDA $62.1M (incl. ~$9.1M tariff-refund benefit net). FY27 outlook: revenue $3.325–3.4B with restaurant comps +3–5%, no new stores; adjusted EBITDA $180–200M. New CEO David Deno (effective 10 Aug). Pre-open wraps had CBRL roughly +11% toward ~$50.50; short interest cited around ~27% — squeeze risk if the gap holds.

Scalper read: classic “beat a crushed bar + high short interest” gap. Mark the open range / VWAP and whether the bid survives the call (08:15 ET webcast). Don’t treat adjusted EPS as GAAP — lots of one-time noise (sale-leaseback, MSBC divestiture, impairments) in the bridge.

Sources (paraphrase): Cracker Barrel Q4 FY26 PR Newswire; TrustFinance / Investing.com consensus wraps; short-interest desk notes.
Holding the squeeze into cash, or fading the first reclaim of the pre-gap range once Europe has marked it?
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