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00:02Cracker Barrel reported adjusted earnings of 29 cents per share and revenue of $797.37 million
00:09for the third quarter of fiscal 2026, beating estimates for a loss of 45 cents per share and
00:15revenue of $776.69 million, according to Benzinga Pro. Total revenue fell 2.9% year-over-year
00:23as comparable store restaurant sales dropped 2.6% and comparable store retail sales declined 1.8%.
00:31CEO Julie Massino said third quarter results exceeded expectations due to improving operations
00:37and strong team execution. The board declared a quarterly dividend of 25 cents per share,
00:43payable August 12th to shareholders of record as of July 17th. Cracker Barrel raised its fiscal
00:492026 revenue guidance to a range of $3.27 billion to $3.30 billion versus estimates of $3.25 billion.
00:58Shares were up by 14.00% at $39, according to Benzinga Pro.
01:05For all things money, visit Benzinga.com.
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