Cracker Barrel — Mar 6, 2025 release

Adjusted 1 earnings per diluted share were $1.38, a 9.5% increase compared to the prior year quarter adjusted 1 earnings per diluted share of $1.26.   Quarterly Dividend Declaration   The Company announced that its Board of Directors declared a quarterly dividend of $0.25 per share on the Company’s common stock. The quarterly dividend is payable on May 14, 2025 to shareholders of record as of April 11, 2025.   Fiscal 2025 Outlook   The Company updated its outlook and expects the following for fiscal 2025 :   · Total revenue of $3.45 billion to $3.50 billion (vs. previous outlook of $3.4 billion to $3.5 billion)   · Adjusted EBITDA 1 of $210 million to $220 million 2 (vs. previous outlook of $200 million to $215 million 2 )   · Commodity inflation of 2% to 3% compared to the prior year (no change vs. previous outlook)   · Hourly wage inflation of approximately 3% compared to the prior year (vs. previous outlook of 3% to 4%)   · Capital expenditures of $160 million to $180 million (no change vs. previous outlook)   · 1 to 2 new Cracker Barrel stores (vs. previous outlook of 2), which includes 1 store opened fiscal year-to-date   · 4 new Maple Street Biscuit Company units (vs. previous outlook of 3 to 4), which includes 3 units opened fiscal year-to-date   The Company reminds investors that its outlook reflects a number of assumptions, many of which are outside the Company’s control. In p