Why Cracker Barrel Stock Is Finally Bouncing Back Today
Cracker Barrel(CBRL) The Motley Fool·2025-03-06 17:32Shares of restaurant chain Cracker Barrel (CBRL 7.59%) have been steadily sliding downwards since early 2021. And on Wednesday, the stock was trading close to its lowest price in over a decade. But the company released results for its fiscal 2025 second quarter on Thursday morning and raised its guidance. And that's why Cracker Barrel stock is bouncing back after years of declines, up by as much as 27% early in Thursday's session and up by about 8% as of 12:15 p.m. ET.Cracker Barrel finds its footingSometim ...