Cracker Barrel — Mar 4, 2026 release

previous outlook of $70 million to $110 million 2 )   · Commodity inflation of 2.0% to 2.5% (vs. previous outlook of 2.5% to 3.5)%   · Hourly wage inflation of 2.5% to 3.0% (vs. previous outlook of 3% to 4)%   · Capital expenditures of $105 million to $115 million (vs. previous outlook of $110 million to $125 million)   · 2 new Cracker Barrel stores (no change vs. previous outlook)   1 EBITDA, adjusted net income, adjusted EBITDA, and adjusted earnings per diluted share are non-GAAP financial measures. For definitions of these non-GAAP measures and reconciliations of these non-GAAP measures to the most directly comparable GAAP measures, please refer to the Reconciliation of GAAP-Basis Operating Results to Non-GAAP Operating Results section of this release.   2 The Company has determined to provide guidance focused on adjusted EBITDA 1 because the Company believes it will be more useful to investors to evaluate the Company’s performance prior to the impact of depreciation, taxes, impairment charges, and other items that management believes are not reflective of the Company’s current operations. The Company is not able to reconcile the forward-looking estimate of adjusted EBITDA 1 set forth above to a forward-looking estimate of net income, the most directly comparable estimated measure calculated in accordance with GAAP, without unreasonable efforts because the Company is unable to predict, forecast or determine the pro