Cracker Barrel Stock Sinks After Trimming Annual Sales Outlook

Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) shares are sinking after the company reported a narrower-than-expected loss of 74 cents per share for the fiscal first-quarter, but missed revenue estimates and slashed its annual sales outlook. The stock is down 1.2%, at last check, to trade at $25.76 -- its lowest level since 2009.Overhead resistance has stayed sharply above the shares at the descending 20-day moving average. This trendline also acted as a ceiling alongside the $30 level during the stock' ...