Cracker Barrel Old Country Store (CBRL)

Pretax margin

		Aug 2, 2024	Apr 26, 2024	Jan 26, 2024	Oct 27, 2023	Jul 28, 2023	Apr 28, 2023	Jan 27, 2023	Oct 28, 2022	Jul 29, 2022	Apr 29, 2022	Jan 28, 2022	Oct 29, 2021	Jul 30, 2021	Apr 30, 2021	Jan 29, 2021	Oct 30, 2020	Jul 31, 2020	May 1, 2020	Jan 31, 2020	Nov 1, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	24,186	44,418	81,131	89,999	103,611	97,256	113,285	123,186	143,383	150,735	165,328	124,444	310,551	302,982	42,954	111,420	-61,158	-15,774	262,352	262,840
Revenue (ttm)	US$ in thousands	3,467,971	3,410,528	3,426,082	3,424,549	3,441,183	3,435,191	3,392,698	3,321,090	3,265,266	3,219,442	3,142,662	2,957,571	2,820,643	2,531,303	2,250,431	2,419,405	2,522,792	2,814,825	3,121,884	3,087,448
Pretax margin		0.70%	1.30%	2.37%	2.63%	3.01%	2.83%	3.34%	3.71%	4.39%	4.68%	5.26%	4.21%	11.01%	11.97%	1.91%	4.61%	-2.42%	-0.56%	8.40%	8.51%

August 2, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $24,186K ÷ $3,467,971K
= 0.70%

The pretax margin of Cracker Barrel Old Country Store has fluctuated over the past few years, with a general trend of variability. The margin ranged from negative values to positive double-digit percentages, indicating inconsistent profitability before tax expenses. In recent periods, there has been a mix of below-average and above-average margins, suggesting varying levels of operational efficiency and cost management. It is important for Cracker Barrel to focus on maintaining sustainable profitability levels to ensure long-term financial health and stability.