Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) shares are trading higher in Monday's after-hours session after the company announced strategic actions and updated its fiscal 2026 outlook.
Cracker Barrel stock is moving higher.
Where are CBRL shares going?
Cracker Barrel Announces Strategic Moves Cracker Barrel announced it completed a sale-leaseback deal for 26 company-owned store locations with an institutional real estate investor, netting roughly $77 million in proceeds.
The company plans to use the proceeds to reduce its debt.
