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Cracker Barrel’s mixed FQ4 results, soft sales guidance weighs on shares (CBRL:NASDAQ)

Cracker Barrel Old Country Store fast casual restaurant. Cracker Barrel serves home-style food.

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Cracker Barrel (NASDAQ:CBRL) shares are under pressure in late trading after the company’s fiscal fourth quarter results showed a decline in sales and 25% profit erosion, as well as full year sales guidance that missed expectations, all of which overshadowed better-than-expected

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