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CRACKER BARREL OLD COUNTRY STORE, INC（CBRL）与Wingstop Inc.（WING）财务数据对比。点击上方公司名可切换其他公司
CRACKER BARREL OLD COUNTRY STORE, INC的季度营收约是Wingstop Inc.的4.5倍（$797.2M vs $175.7M），Wingstop Inc.净利率更高（15.2% vs -3.1%，领先18.3%），Wingstop Inc.同比增速更快（8.6% vs -10.9%），Wingstop Inc.自由现金流更多（$34.5M vs $-88.9M），过去两年Wingstop Inc.的营收复合增速更高（9.8% vs -2.4%）
Cracker Barrel是源自美国南方乡村风格的连锁餐厅与礼品店品牌，1969年由丹·埃文斯与汤米·洛创立，总部位于田纳西州黎巴嫩。品牌最初门店多开设在美国东南部和中西部的高速公路出口附近，于上世纪90年代至21世纪初逐步扩张至全美各地。
Wingstop Inc.是美国知名跨国快餐连锁品牌，核心产品为布法罗鸡翅，旗下门店均采用20世纪30至40年代喷气时代前的航空主题装饰风格，目前业务已覆盖全球多个国家和地区。
CBRL vs WING — 直观对比
营收规模更大
CBRL
是对方的4.5倍
$175.7M
营收增速更快
WING
高出19.4%
-10.9%
净利率更高
WING
高出18.3%
-3.1%
自由现金流更多
WING
多$123.4M
$-88.9M
两年增速更快
WING
近两年复合增速
-2.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $797.2M | $175.7M |
| 净利润 | $-24.6M | $26.8M |
| 毛利率 | 68.8% | — |
| 营业利润率 | -4.1% | 26.7% |
| 净利率 | -3.1% | 15.2% |
| 营收同比 | -10.9% | 8.6% |
| 净利润同比 | -235.7% | 0.0% |
| 每股收益（稀释后） | $-1.10 | $0.99 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CBRLWING
| Q4 25 | $797.2M | $175.7M | ||
| Q3 25 | — | $175.7M | ||
| Q2 25 | $821.1M | $174.3M | ||
| Q1 25 | $949.4M | $171.1M | ||
| Q4 24 | — | $161.8M | ||
| Q3 24 | $894.4M | $162.5M | ||
| Q2 24 | $817.1M | $155.7M | ||
| Q1 24 | $935.4M | $145.8M |
净利润CBRLWING
| Q4 25 | $-24.6M | $26.8M | ||
| Q3 25 | — | $28.5M | ||
| Q2 25 | $12.6M | $26.8M | ||
| Q1 25 | $22.2M | $92.3M | ||
| Q4 24 | — | $26.8M | ||
| Q3 24 | $18.1M | $25.7M | ||
| Q2 24 | $-9.2M | $27.5M | ||
| Q1 24 | $26.5M | $28.7M |
毛利率CBRLWING
| Q4 25 | 68.8% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 69.9% | — | ||
| Q1 25 | 67.4% | — | ||
| Q4 24 | — | 85.6% | ||
| Q3 24 | 69.6% | 85.0% | ||
| Q2 24 | 70.0% | 85.4% | ||
| Q1 24 | 66.3% | 85.4% |
营业利润率CBRLWING
| Q4 25 | -4.1% | 26.7% | ||
| Q3 25 | — | 27.9% | ||
| Q2 25 | 1.8% | 25.9% | ||
| Q1 25 | 3.1% | 22.4% | ||
| Q4 24 | — | 25.9% | ||
| Q3 24 | 2.5% | 24.5% | ||
| Q2 24 | -2.4% | 26.5% | ||
| Q1 24 | 3.3% | 29.3% |
净利率CBRLWING
| Q4 25 | -3.1% | 15.2% | ||
| Q3 25 | — | 16.2% | ||
| Q2 25 | 1.5% | 15.4% | ||
| Q1 25 | 2.3% | 53.9% | ||
| Q4 24 | — | 16.5% | ||
| Q3 24 | 2.0% | 15.8% | ||
| Q2 24 | -1.1% | 17.7% | ||
| Q1 24 | 2.8% | 19.7% |
每股收益（稀释后）CBRLWING
| Q4 25 | $-1.10 | $0.99 | ||
| Q3 25 | — | $1.02 | ||
| Q2 25 | $0.56 | $0.96 | ||
| Q1 25 | $0.99 | $3.24 | ||
| Q4 24 | — | $0.91 | ||
| Q3 24 | $0.80 | $0.88 | ||
| Q2 24 | $-0.41 | $0.93 | ||
| Q1 24 | $1.19 | $0.98 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $8.9M | $196.6M |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $428.8M | $-736.8M |
| 总资产 | $2.2B | $693.4M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CBRLWING
| Q4 25 | $8.9M | $196.6M | ||
| Q3 25 | — | $237.6M | ||
| Q2 25 | $9.8M | $227.9M | ||
| Q1 25 | $10.3M | $251.4M | ||
| Q4 24 | — | $315.9M | ||
| Q3 24 | $12.0M | $84.0M | ||
| Q2 24 | $11.9M | $96.7M | ||
| Q1 24 | $12.6M | $108.3M |
总债务CBRLWING
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CBRLWING
| Q4 25 | $428.8M | $-736.8M | ||
| Q3 25 | — | $-702.6M | ||
| Q2 25 | $469.3M | $-686.0M | ||
| Q1 25 | $460.9M | $-715.0M | ||
| Q4 24 | — | $-675.6M | ||
| Q3 24 | $440.1M | $-447.5M | ||
| Q2 24 | $426.6M | $-437.5M | ||
| Q1 24 | $462.0M | $-434.4M |
总资产CBRLWING
| Q4 25 | $2.2B | $693.4M | ||
| Q3 25 | — | $721.0M | ||
| Q2 25 | $2.1B | $708.3M | ||
| Q1 25 | $2.1B | $696.8M | ||
| Q4 24 | — | $716.2M | ||
| Q3 24 | $2.2B | $484.8M | ||
| Q2 24 | $2.2B | $451.8M | ||
| Q1 24 | $2.2B | $412.3M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-53.4M | $57.3M |
| 自由现金流经营现金流 - 资本支出 | $-88.9M | $34.5M |
| 自由现金流率自由现金流/营收 | -11.2% | 19.6% |
| 资本支出强度资本支出/营收 | 4.5% | 13.0% |
| 现金转化率经营现金流/净利润 | — | 2.14× |
| 过去12个月自由现金流最近4个季度 | — | $105.6M |
8季度趋势，按日历期对齐
经营现金流CBRLWING
| Q4 25 | $-53.4M | $57.3M | ||
| Q3 25 | — | $63.9M | ||
| Q2 25 | $23.0M | $6.6M | ||
| Q1 25 | — | $25.3M | ||
| Q4 24 | — | $7.7M | ||
| Q3 24 | $69.5M | $69.0M | ||
| Q2 24 | $37.6M | $36.2M | ||
| Q1 24 | $77.7M | $44.7M |
自由现金流CBRLWING
| Q4 25 | $-88.9M | $34.5M | ||
| Q3 25 | — | $61.7M | ||
| Q2 25 | $-13.6M | $-7.8M | ||
| Q1 25 | — | $17.3M | ||
| Q4 24 | — | $-8.6M | ||
| Q3 24 | $22.1M | $54.9M | ||
| Q2 24 | $8.2M | $25.9M | ||
| Q1 24 | $50.9M | $33.5M |
自由现金流率CBRLWING
| Q4 25 | -11.2% | 19.6% | ||
| Q3 25 | — | 35.1% | ||
| Q2 25 | -1.7% | -4.5% | ||
| Q1 25 | — | 10.1% | ||
| Q4 24 | — | -5.3% | ||
| Q3 24 | 2.5% | 33.8% | ||
| Q2 24 | 1.0% | 16.6% | ||
| Q1 24 | 5.4% | 23.0% |
资本支出强度CBRLWING
| Q4 25 | 4.5% | 13.0% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | 4.5% | 8.2% | ||
| Q1 25 | — | 4.7% | ||
| Q4 24 | — | 10.1% | ||
| Q3 24 | 5.3% | 8.7% | ||
| Q2 24 | 3.6% | 6.6% | ||
| Q1 24 | 2.9% | 7.7% |
现金转化率CBRLWING
| Q4 25 | — | 2.14× | ||
| Q3 25 | — | 2.24× | ||
| Q2 25 | 1.83× | 0.25× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | 3.83× | 2.68× | ||
| Q2 24 | — | 1.32× | ||
| Q1 24 | 2.93× | 1.55× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CBRL
| Restaurant | $650.6M | 82% |
| Retail | $146.6M | 18% |
WING
| Royalty | $73.7M | 42% |
| Advertising | $61.4M | 35% |
| Franchisor Owned Outlet | $32.4M | 18% |
| Other | $6.4M | 4% |
| Franchise | $1.8M | 1% |
