Filing Flows › Cracker Barrel Old Country Store (CBRL) › Q2 FY25
Cracker Barrel Old Country Store (CBRL) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Mar 6, 2025
Cracker Barrel Old Country Store (CBRL) reported revenue of $949M for the second quarter fiscal 2025 (Q2 FY25), +2% from a year earlier and +12% from the quarter before. Operating margin was 3.1%, net earnings $22.2M (2.3% of revenue).
Cracker Barrel Old Country Store, Q2 FY25: revenue $949M (+2% year over year), operating margin 3.1%, net earnings $22.2M, operating cash flow $98.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $949M | +12% | +2% |
| Operating profit | $29.1M | +312% | -5% |
| Net earnings | $22.2M | +358% | -16% |
| Operating cash flow | $98.1M | — | +26% |
| Free cash flow | $60.0M | — | +18% |
What changed
Revenue was $949.4M in Q2 FY25, up 2% year over year and up 12% from the previous quarter. Restaurant was the largest line at 79% of revenue. Restaurant added $19.8M year over year (up 3%), 141% of the total change. Retail declined 3%.
Operating profit was $29.1M, a 3.1% margin (down 0.2 points year over year). Operating profit fell $1.6M even though revenue rose $14.0M versus a year earlier, so costs grew faster than sales. Total costs grew 2% against revenue growth of 2%. The fastest-growing cost line was General & admin (+17%). Net earnings were $22.2M, down 16% year over year. The effective tax rate was 8.0%.
Operating cash flow was $98.1M (up 26% year over year), 442% of net earnings. Non-cash charges added back $30.2M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items added $41.8M. Capital expenditures of $38.1M left free cash flow of $60.0M.
Questions
What was Cracker Barrel Old Country Store's revenue in the second quarter fiscal 2025?
Cracker Barrel Old Country Store (CBRL) reported revenue of $949M for the second quarter fiscal 2025 (Q2 FY25), +2% from a year earlier and +12% from the quarter before.
Was Cracker Barrel Old Country Store profitable in the second quarter fiscal 2025?
Operating profit was $29.1M (3.1% of revenue) and net earnings $22.2M.