Cracker Barrel Stock Jumps On Q2 Earnings Beat, Raises FY25 Outlook
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) shares are trading higher on Thursday. The company reported second-quarter adjusted earnings per share of $1.38 beating the street view of $1.00. Quarterly sales of $949.44 million (+1.5% year over year), outpaced the analyst consensus estimate of $943.58 million. Comparable store restaurant sales increased 4.7%, and comparable store retail sales increased 0.2%. Adjusted EBITDA was $74.6 million, a 19.6% increase compared to the prior year’s a