Cracker Barrel Q4 Earnings & Revenues Lag, Stock Down
CBRLCracker Barrel(CBRL) ZACKS·2024-09-21 04:01

Cracker Barrel Old Country Store, Inc. (CBRL) posted fourth-quarter fiscal 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. The company’s earnings also declined year over year. Following the results, the company’s shares lost 1.1% on Thursday.Cracker Barrel is facing several challenges due to broader economic conditions. Persistent inflation, weak consumer confidence and rising interest rates are likely to adversely impact customer spending habits.Earnings & Revenues of CBRLIn ...