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Benzinga

Business

Alex Perry

Cracker Barrel Stock Is Tumbling Thursday: What's Going On?

Cracker Barrel Cracker Barrel Old Country Store Inc CBRL Julie Masino

Cracker Barrel Old Country Store Inc.

Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) shares are trading lower Thursday following the company’s quarterly results. Multiple analysts also cut price targets after the report. Here’s what you need to know.

What To Know: Cracker Barrel reported mixed results for the fourth quarter, with revenue of $868.09 million beating estimates of $855.30 million, but adjusted earnings per share of 74 cents missing analyst estimates of 80 cents.

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