Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) beat EPS estimates, raised full-year guidance while keeping revenue at $3.27–3.30B with upside potential, and named David Deno as CEO effective Aug 10, 2026, prompting a roughly 3–5% drop in shares as Julie Masino transitions off the board.
Previous Week Recap
- Cracker Barrel Beats Estimates, Raises Guidance: Cracker Barrel (CBRL) beat EPS estimates, raised full-year guidance and kept revenue outlook at $3.27–3.30B for the fiscal year ending July, with management noting potential to hit the high end.
- David Deno Named CEO; Masino Departing: Cracker Barrel (CBRL) named David Deno CEO effective Aug 10, 2026; current CEO Julie Masino will resign the board Aug 10 and advise through Oct 9. Shares fell roughly 3%–5.2% after the news.
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