Has Cracker Barrel Old Country Store (CBRL) Outpaced Other Retail-Wholesale Stocks This Year?

CBRL

Investors focused on the Retail-Wholesale space have likely heard of Cracker Barrel Old Country Store (CBRL - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.

Cracker Barrel Old Country Store is one of 226 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. CBRL is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for CBRL's full-year earnings has moved 1.43% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the most recent data, CBRL has returned 6.62% so far this year. Meanwhile, stocks in the Retail-Wholesale group have lost about 0.36% on average. This shows that Cracker Barrel Old Country Store is outperforming its peers so far this year.

Looking more specifically, CBRL belongs to the Retail - Restaurants industry, which includes 49 individual stocks and currently sits at #174 in the Zacks Industry Rank. On average, stocks in this group have gained 7.44% this year, meaning that CBRL is slightly underperforming its industry in terms of year-to-date returns.

CBRL will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.

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