Cracker Barrel Anticipates FY25 Adjusted EBITDA To Be Relatively In Line With, Or Slightly Lower Y/Y And Will Then Improve In H2 Of FY26 And Further Accelerate In FY27
Portfolio Pulse from Benzinga Newsdesk
Cracker Barrel anticipates its FY25 adjusted EBITDA to be relatively in line with or slightly lower year-over-year, with improvements expected in the second half of FY26 and further acceleration in FY27.
May 16, 2024 | 8:11 pm
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Cracker Barrel anticipates its FY25 adjusted EBITDA to be relatively in line with or slightly lower year-over-year, with improvements expected in the second half of FY26 and further acceleration in FY27.
The news indicates that Cracker Barrel's financial performance in FY25 will be stable or slightly lower compared to the previous year. However, the company expects improvements in the second half of FY26 and further acceleration in FY27. This suggests a neutral short-term impact on the stock price as the market may already have priced in these expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100