Will Cracker Barrel's Stronger Cash Flow Help Fund Future Investments?
Cracker Barrel has strengthened its balance sheet by reducing total debt by $147.4 million to $337.2 million and maintaining $541.3 million in available liquidity. For fiscal 2027, the company plans capital expenditures of $110-$125 million (65% for maintenance, 35% for technology and strategic initiatives) and projects adjusted EBITDA of $180-$200 million. The stock has gained 118.4% over the past year and trades at a forward P/S multiple of 0.43, well below the industry average of 3.3, with projected earnings growth of 95% for fiscal 2027.


