Cracker Barrel Earnings Forecast Miss Weighs on Sentiment

about 1 month ago

Paul Sweeney

"Cracker Barrel, take your CVRL under a bit of pressure down just about 2% right now, though it is trading at the lowest level since early May. This coming after the company laid out a weaker than expected forecast showing lingering issues related to that logo backlash. The company projecting revenue for fiscal 2026 between $3.35 billion and $3.45 billion. Analysts were above that with just about $3.5 billion."

Cracker Barrel (CVRL) is trading down roughly 2% to its lowest level since early May after issuing a weaker-than-expected sales forecast. The forecast, which fell short of analyst expectations, is attributed to ongoing fallout from a controversial rebranding effort, raising questions about the brand's resilience and near-term performance.

Related Stocks