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Cracker Barrel beats Q1 expectations, with earnings per share at $0.45, but stock still down 41% year-to-date.
Cracker Barrel Old Country Store's first-quarter earnings and revenue surpassed analyst expectations, with earnings per share at $0.45 and revenue at $845.1 million.
Despite the positive report, the company's stock has fallen 41% this year.
For fiscal year 2025, Cracker Barrel expects revenue between $3.4 billion and $3.5 billion.
The stock rose over 8% in pre-market trading following the report.
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Cracker Barrel supera las expectativas de Q1, con ganancias por acción en $0.45, pero el stock sigue bajando un 41% al año.