Business
Cracker Barrel Works to Repair Its Business
Cracker Barrel Old Country Store CBRL 1.47%increase; green up pointing triangle reported lower profits and revenue in its latest quarter, as its struggles persist after last year’s failed logo change.
However, Chief Executive Julie Felss Masino said Wednesday that efforts to turn around the chain are taking shape. The company also adjusted its full-year guidance on earnings, revenue and other financial measures, helping send shares up nearly 8% in after-hours trading.
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