Cracker Barrel Old Country Store Completes ~$77M Sale-Leaseback Deal With Institutional Real Estate Investor; Sells Certain Assets In Its Maple Street Biscuit Company; Anticipates ~$37M - $39M Non-Cash Charges In Q4 And Additional ~$6M - $8M With Exiting Business In Q4, FY27; Expects To Exceed FY26 Revenue Guidance Of $3.27B - $3.30B
Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today announced two strategic actions.Cracker Barrel completed a sale-leaseback transaction with an institutional
Cracker Barrel sold some of its buildings to raise money and is selling part of another business it owns. The company will take big accounting charges this year but expects to meet its sales targets.
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