Cracker Barrel reported Q4 2024 total revenue of $894.4 million, up 6.9% year-over-year, aided by a favorable 53rd week contribution of approximately $62.8 million in revenue and about $5.8 million in additional adjusted EBITDA. GAAP earnings per diluted share were $0.81, while adjusted EPS was $0.98, with the quarter including a roughly $0.25 per share benefit from the 53rd week. Management framed the results as in line with guidance and highlighted substantial progress on its multiyear strategic transformation, including brand refinements, menu innovations, store and guest experience enhancements, digital/off-premise initiatives, and a strengthened employee experience. Cracker Barrel reiterated that fiscal 2025 is an investment year with an objective to expand fiscal 2027 EBITDA margins by roughly 400 basis points versus fiscal 2024, supported by (i) an optimized pricing strategy designed to price above inflation while preserving value, (ii) a loyalty program that has reached 6 million members and is driving incremental traffic and spend, and (iii) back-of-house optimization and remodel programs intended to lift efficiency and guest appeal. Despite a challenging macro backdrop, the company projects revenue of roughly $3.4–$3.5 billion for fiscal 2025 and adjusted EBITDA of $200–$215 million, signaling a path to margin expansion in the out years as the transformation matures.