Cracker Barrel — Jun 5, 2025 release

Adjusted 1 earnings per diluted share were $0.58 compared to the prior year quarter adjusted 1 earnings per diluted share of $0.88.   Quarterly Dividend Declaration   The Company announced that its Board of Directors declared a quarterly dividend of $0.25 per share of the Company’s common stock. The quarterly dividend is payable on August 13, 2025 to shareholders of record as of July 18, 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 (no change vs. previous outlook)   · Adjusted EBITDA 1 of $215 million to $225 million 2 (vs. previous outlook of $210 million to $220 million 2 )   · Commodity inflation in the mid 2% range compared to the prior year (vs. previous outlook of 2% to 3%)   · Hourly wage inflation in the mid 2% range compared to the prior year (vs. previous outlook of approximately 3%)   · Capital expenditures of $160 million to $170 million (vs. previous outlook of $160 million to $180 million)   · 1 new Cracker Barrel store, which has already opened (vs. previous outlook of 1 to 2)   · 4 new Maple Street Biscuit Company units, which have already opened (no change vs. previous outlook)   1 Adjusted net income, adjusted EBITDA, and adjusted earnings per diluted share are non-GAAP financial measures. For definitions of these non-GAAP measures and rec