BUZZ-Cracker Barrel gains, expects to beat high end of 2026 revenue forecast

Cracker Barrel Old Country Store, Inc.

Cracker Barrel Old Country Store, Inc.

CBRL

0.00

** Casual dining chain Cracker Barrel's CBRL.O shares rise 7.6% to $57.49 in extended trading

** CBRL now expects to achieve or exceed the high end of its revenue forecast and exceed its adjusted EBITDA outlook for FY 2026

** On June 9, CBRL said it expects total revenue between $3.27 bln and $3.30 bln and adjusted EBITDA of $120 mln to $125 mln

** Co to close 16 Maple Street Biscuit Company locations; also completed sale of certain assets used in MSBC business

** Expects non-cash charges of ~$37 million to $39 million in connection with divestiture during Q4 FY 2026

** As of Monday's close, stock has more than doubled YTD


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