Cracker Barrel gains after raising annual revenue forecast

Cracker Barrel Old Country Store

09/06/2026 21:33

** Shares of casual dining chain Cracker Barrel Old Country Store CBRL.O up about 13% at $40.96 after the bell
** Co raises FY2026 revenue forecast, helped by its efforts to gain traffic
** Now expects annual revenue between $3.27 billion and $3.30 billion vs. previous outlook of $3.24 billion to $3.27 billion
** Also sees adjusted EBITDA of $120 million to $125 million vs. previous expectations of $85 million to $100 million
** Co reports Q3 revenue of $797.4 million, beating analysts expectations of $776.7 million - data compiled by LSEG
** Logs quarterly adjusted profit of 29 cents per share, compared to analysts expectations of a loss of 45 cents per share
** As of last close, stock up ~43% YTD

 (Reporting by Sanskriti Shekhar in Bengaluru)
 ((Sanskriti.Shekhar@thomsonreuters.com))