Cracker Barrel Stock Rolls Higher as Restaurant Sales Improve
Cracker Barrel(CBRL) Investopedia·2024-11-14 17:45
Key TakeawaysCracker Barrel stock climbed as the company's preliminary first-quarter results topped analysts' expectations.Same-store restaurant sales improved while same-store retail sales slowed.Shares of Cracker Barrel improved but are still down by about a third year-to-date. Cracker Barrel Old Country Store (CBRL) shares rose after the company’s preliminary first-quarter revenue and adjusted earnings beat analysts’ expectations Thursday. The iconic restaurant chain said it expects revenue of $845.1 mi ...