CBRL CRACKER BARREL OLD COUNTRY STORE, INC

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 3/4 quarters. Q3 2024: $0M, Q2 2024: $5M, Q1 2024: $12M, Q3 2023: $39M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $0M vs trailing avg $19M (-100%)

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Missing buyback or cash flow data

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 400,000 shares = 1.8% of 22,267,724 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

10 open-market purchases by 1 insiders

• GMT CAPITAL CORP () bought 53,000 shares at $44.60 on 2025-05-07
• GMT CAPITAL CORP () bought 35,607 shares at $42.77 on 2025-05-01
• GMT CAPITAL CORP () bought 70,293 shares at $42.27 on 2025-04-30
• GMT CAPITAL CORP () bought 53,000 shares at $41.84 on 2025-04-29
• GMT CAPITAL CORP () bought 53,000 shares at $43.03 on 2025-04-25
• GMT CAPITAL CORP () bought 26,500 shares at $43.84 on 2025-04-22
• GMT CAPITAL CORP () bought 26,500 shares at $43.05 on 2025-04-16
• GMT CAPITAL CORP () bought 31,800 shares at $39.01 on 2025-04-10
• GMT CAPITAL CORP () bought 31,800 shares at $37.31 on 2025-04-09
• GMT CAPITAL CORP () bought 105,900 shares at $35.94 on 2025-04-04

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $20M, sold $19M (net buying)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected