Cracker Barrel's Still Trying To Get Customers To Come Back
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Eric Novinson199 FollowersFollow5ShareSavePlay(13min)CommentsSummaryCracker Barrel remains a sell as traffic declines accelerate and turnaround efforts have yet to show results.CBRL cut FY2026 adjusted EBITDA guidance to $70–$110 million and posted a Q1 adjusted loss, with comps likely to fall ~6% for the year.Cost-cutting via layoffs and expense reductions may preserve the 3.76% dividend, but underlying demand remains weak and debt is elevated.Valuation remains unattractive, with a 33% downside target to $17.36/share even before considering potential buybacks funded by new debt. sanfel/iStock Editorial via Getty Images Now that Cracker Barrel (CBRL) has posted its fiscal first-quarter 2026 results, it’s time to take another look at this restaurant. It felt like everyone had something to say about Cracker Barrel andThis article was written byEric Novinson199 FollowersFollowI am a freelance business writer. I formerly wrote articles for the Motley Fool Blogging Network, where I won several editor's choice awards. After that, I wrote articles for the main Motley Fool site. I typically focus on restaurants, retailers, and food manufacturers, considering both growth opportunities and valuation metrics. I usually look for long term investment opportunities and plan to hold stocks for several years.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.