Cracker Barrel Expects FY24 Total Revenue Of $3.4B-$3.5B, Estimate $3.5B
Portfolio Pulse from Benzinga Newsdesk
Cracker Barrel anticipates its FY24 total revenue to be between $3.4 billion and $3.5 billion, which aligns with the estimated revenue of $3.5 billion.
November 30, 2023 | 1:06 pm
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Cracker Barrel projects FY24 revenue to be $3.4B-$3.5B, meeting the higher end of analysts' expectations.
Cracker Barrel's revenue forecast for FY24 is in line with analysts' expectations, which suggests a neutral impact on the stock price in the short term. The forecast meets the higher end of the estimate range, which could be seen as a positive signal. However, since it does not exceed expectations, the immediate impact on the stock might be muted.
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IMPORTANCE 75
RELEVANCE 100