Cracker Barrel Old Country Store (CBRL)

Operating profit margin

		Aug 2, 2024	Jul 28, 2023	Jul 29, 2022	Jul 30, 2021	Jul 31, 2020
Operating income	US$ in thousands	45,119	120,617	153,003	366,659	103,611
Revenue	US$ in thousands	3,459,870	3,436,210	3,262,150	2,817,380	2,516,320
Operating profit margin		1.30%	3.51%	4.69%	13.01%	4.12%

August 2, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $45,119K ÷ $3,459,870K
= 1.30%

The operating profit margin of Cracker Barrel Old Country Store has fluctuated over the past five years. In the most recent fiscal year ending on August 2, 2024, the operating profit margin was 1.30%, representing a significant decrease compared to the previous year when it was 3.51%. This downward trend suggests a decline in the company's ability to generate profits from its core operations relative to its revenue.

However, it is important to note that the operating profit margin was notably higher in fiscal year 2021, reaching 13.01%, indicating a strong performance in profitability during that period. This substantial increase may have been influenced by various factors such as cost management, revenue growth, or operational efficiency.

Overall, the varying operating profit margins of Cracker Barrel Old Country Store highlight the importance of closely monitoring the company's operational performance and identifying potential drivers behind fluctuations in profitability.