Reaffirms FY25 adjusted EBITDA view $200M-$215M; capital expenditures $160M-$180M; commodity inflation 2%-3% compared to the prior year; and hourly wage inflation 3%-4% compared to the prior year. Expects to open 3 new Cracker Barrel (CBRL) stores and 3 to 4 new Maple Street Biscuit Company units.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBRL:
- CBRL Upcoming Earnings Report: What to Expect?
- Cracker Barrel shareholders support all 10 of recommended director nominees
- Biglari Capital issues statement regarding Cracker Barrel director nominees
- Cracker Barrel urges holders to back company’s director nominees
- Cracker Barrel upgraded to Buy from Hold at Argus
Questions or Comments about the article? Write to editor@tipranks.com