Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL) reported fiscal third-quarter earnings after the bell on June 9, and investors clearly liked what they heard.
The country-themed restaurant and retail chain delivered a sizable earnings beat and raised its full-year guidance, sending shares up nearly 23%. The report provided some much-needed good news for a company in the midst of a turnaround following a series of missteps that have weighed on both its business and stock price.
