Filing Flows › Cracker Barrel Old Country Store (CBRL) › Q3 FY26
Cracker Barrel Old Country Store (CBRL) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jun 9, 2026
Cracker Barrel Old Country Store (CBRL) reported revenue of $797M for the third quarter fiscal 2026 (Q3 FY26), -3% from a year earlier and -9% from the quarter before. Operating margin was 0.8%, net earnings $42.8M (5.4% of revenue).
Cracker Barrel Old Country Store, Q3 FY26: revenue $797M (-3% year over year), operating margin 0.8%, net earnings $42.8M, operating cash flow $94.7M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $797M | -9% | -3% |
| Operating profit | $6.7M | 15× | -55% |
| Net earnings | $42.8M | 33× | +240% |
| Operating cash flow | $94.7M | +85% | +312% |
| Free cash flow | $66.9M | +173% | — |
What changed
Revenue was $797.4M in Q3 FY26, down 3% year over year and down 9% from the previous quarter. Restaurant was the largest line at 83% of revenue. Restaurant lost $20.9M year over year (down 3%), 88% of the total change.
Operating profit was $6.7M, a 0.8% margin (down 1.0 points year over year). Total costs fell 2% while revenue fell 3%. Net earnings were $42.8M, up 240% year over year. The effective tax rate was 15.2%. Non-operating items added $43.8M, 87% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $94.7M (up 312% year over year), 221% of net earnings. Non-cash charges added back $31.0M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $18.3M. Capital expenditures of $27.8M left free cash flow of $66.9M.
Questions
What was Cracker Barrel Old Country Store's revenue in the third quarter fiscal 2026?
Cracker Barrel Old Country Store (CBRL) reported revenue of $797M for the third quarter fiscal 2026 (Q3 FY26), -3% from a year earlier and -9% from the quarter before.
Was Cracker Barrel Old Country Store profitable in the third quarter fiscal 2026?
Operating profit was $6.7M (0.8% of revenue) and net earnings $42.8M.