---
title: "Why Did Cracker Barrel Stock (CBRL) Rise Overnight?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277902928.md"
description: "Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL) stock rose 8.02% in after-hours trading to $33.08 following its fiscal Q2 2026 results. The company reported revenue of $874.8 million, a 7.9% decline year-over-year, and slightly below expectations. Comparable restaurant sales fell 7.1%, and retail sales dropped 9.2%. Net income was $1.3 million, down from $22.2 million last year. Adjusted EBITDA was $38.2 million, down from $74.6 million, but adjusted EPS of $0.25 exceeded expectations."
datetime: "2026-03-05T07:40:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277902928.md)
  - [en](https://longbridge.com/en/news/277902928.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277902928.md)
---

# Why Did Cracker Barrel Stock (CBRL) Rise Overnight?

**Cracker Barrel Old Country Store Inc.** (NASDAQ:CBRL) rose 8.02% in after-hours trading to $33.08 on Wednesday after the company reported its fiscal second-quarter 2026 results.

## What Does Q2 Earnings Have to Say

Total revenue of the American restaurant and gift store chain fell 7.9% year-over-year to $874.8 million, slightly missing the analyst estimate of $876.94 million.

Comparable restaurant store sales, which track locations open for at least six full quarters, fell 7.1%.

Comparable retail store sales, measuring revenue from locations open at least six full quarters prior to the reported fiscal quarter, declined 9.2%.

Generally accepted accounting principles net income was $1.3 million, down from $22.2 million a year ago.

Adjusted earnings before interest, taxes, depreciation, and amortization for the second quarter was $38.2 million, down from $74.6 million in the prior-year quarter.

Adjusted earnings per share came in at $0.25, beating the analyst estimate of -$0.22, compared with $1.38 in the prior-year quarter.

## Previous Quarter Data

Cracker Barrel reported first-quarter revenue of $797.19 million, down 5.7% from a year earlier and below analysts' estimate of $802.22 million.

The company posted an adjusted loss of 74 cents per share, wider than the estimated loss of 68 cents.

## **Updated Fiscal 2026 Guidance Narrows Range**

Cracker Barrel narrowed its full-year adjusted EBITDA outlook to $85 million–$100 million, down from a prior range of $70 million–$110 million.

The company revised its commodity inflation guidance to 2.0%–2.5%, down from the previous range of 2.5%–3.5%.

Capital expenditures guidance also narrowed to $105 million–$115 million.

The company also stated that the board declared a $0.25 quarterly dividend, payable May 13 to shareholders of record as of Apr. 10.

**Julie Masino**, CEO of Cracker Barrel, said the company is “well-positioned to regain prior momentum.”

## Trading Metrics, Technical Analysis

CBRL has a relative strength index (RSI) of 38.16.

Cracker Barrel has a market capitalization of $681.91 million, with a 52-week high of $71.93 and a 52-week low of $24.85.

The stock has fallen 24% over the past 12 months.

**Price Action:** CBRL closed on Wednesday at $30.62, down 0.29%, according to Benzinga Pro data.

Currently, the stock is trading near the lower end of its 52-week range, approximately 12.3% above its 52-week low.

**Benzinga’s Edge Stock Rankings** indicate that CBRL is experiencing short-term upward movement along with medium and long-term consolidation.

_Photo:_

**Disclaimer:** This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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