Cracker Barrel jumps on upbeat annual revenue forecast, Q3 results beat

Cracker Barrel Old Country Store

10/06/2026 12:37

** Shares of casual dining chain Cracker Barrel Old Country Store CBRL.O up ~10% at $39.78 premarket
** Co raised its annual revenue forecast and beat estimates after market close on Tuesday
** Brokerage Wells Fargo upgrades stock to "Overweight" from "equal-weight",raises PT to $50 from $35
** "Quarterly beat & raise confirms business is on firmer footing & turnaround is regaining ground," brokerage says

    **  Adds responses to last summer's challenges like launching Campfire meals are working
  
** Two of 10 brokerages rate the stock "buy" or higher, five "hold" and three "sell" or lower; their median PT is $33- data compiled by LSEG
** As of last close, stock up 43% YTD

 (Reporting by Koyena Das from Bengaluru)
 ((Koyena.das@thomsonreuters.com))