1640 ET - Cracker Barrel investors seem to approve of the company's lifted outlook and strategic actions, with the stock up 5% to $56.34 after-hours. The company said it divested from the Maple Street Biscuit Co. business and entered a sale-leaseback transaction for 26 company-owned locations. The actions mean that it will exceed its adjusted Ebitda guidance and meet or exceed its revenue guidance for the fiscal year, which ends July 31. The news continues some positive momentum for Cracker Barrel, which defied expectations of a third-quarter loss earlier this summer. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
July 20, 2026 16:40 ET (20:40 GMT)
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