Cracker Barrel — Sep 23, 2026 release

Fiscal 2027 Outlook The Company provided the following outlook for fiscal 2027: · Total revenue of $3.325 billion to $3.4 billion including comparable store restaurant sales growth of 3% to 5% and no new store openings · Adjusted EBITDA 1 of $180 million to $200 million 2 · Commodity inflation of approximately 3.0% · Hourly wage inflation of 2.5% to 3.0% · Capital expenditures of $110 million to $125 million 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. For purposes of calculating debt covenant leverage ratios presented in this release, adjusted EBITDA is calculated as defined under our revolving credit facility. 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