BUZZ-Cracker Barrel gains on second-quarter surprise profit
Reuters03-05
BUZZ-Cracker Barrel gains on second-quarter surprise profit
** Shares of Cracker Barrel CBRL.O climb 7.7% to $33 after the bell
** Posts adjusted profit of 25 cents per share in the second-quarter, compared to analysts' average estimates of a 30 cents loss per share - data compiled by LSEG
** CBRL expects 2026 adjusted core profit between $85 million and $100 million, compared to its previous forecast of $70 million to $110 million
** Company now expects capital expenditures for the year to be in the range of $105 million to $115 million, compared earlier forecast of $110 million to $125 million
** As of last close, stock up 20.55% YTD
(Reporting by Pranav Mathur in Bengaluru)
((Pranav.Mathur@thomsonreuters.com;))
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