Cracker Barrel up after quarterly results beat
CBRL•Shares rise after quarterly beat
- Shares of casual dining chain Cracker Barrel jump about 10% to $49.86 in premarket trading.
- CBRL beat fourth-quarter sales estimates, helped by retail sales growth and improving traffic trends.
- Quarterly revenue fell 2% to $849.3 million, still above expectations of $832.7 million, according to data compiled by LSEG.
- The company reported fourth-quarter adjusted EPS of 99 cents, compared with 74 cents a year earlier, helped by roughly $9.1 million in tariff refunds.
- Cracker Barrel forecast fiscal 2027 total revenue of $3.325 billion to $3.4 billion, roughly in line with analyst expectations, and EBITDA of $180 million to $200 million, above expectations of $180.1 million.
- Up to the last close, the stock was up about 79% year to date.
