Cracker Barrel stock will look to rebound Friday after losing about 7.2 percent of value the previous day on the heels of a quarterly report that showed earning per shares beat analysts’ expectations.
Cracker Barrel shares (ticker: CBRL ) concluded the Thursday session priced at $53.63, down 7.17 percent (the equivalent drop of $4.14 per share). Volume was heavier than usual, as about 1.6 million shares changed hands, according to Yahoo Finance. The daily average for the past 30 days had been about 1.06 million shares.
Cracker Barrel stock saw an uptick in extended trading and was priced Friday morning at $54.50 per share.
On Thursday, the Lebanon-based restaurant and retail company reported third quarter Fiscal Year 2025 results, posting revenue of $821.1 million. This represented