BUZZ-Cracker Barrel shares rise as quarterly results beat expectations

September 23 - ** Shares of casual dining chain Cracker Barrel (CBRL.O) rose about 10% in pre-market trading to $49.86

** Boosted by retail sales growth and improved customer traffic trends, CBRL's fourth quarter sales exceeded market expectations

** Quarterly revenue fell 2% to $849.3 million, still above the expected $832.7 million—data compiled by LSEG

** Driven by approximately $9.1 million in tariff refunds, fourth quarter adjusted earnings per share (EPS) reached 99 cents, compared with 74 cents in the same period last year

** The company expects total revenue for fiscal 2027 to be between $3.325 billion and $3.4 billion, roughly in line with analyst expectations; EBITDA is expected to be $180 million to $200 million, above the $180.1 million expectation

** As of the close of the previous trading day, the stock had accumulated an annual increase of about 79%

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