Cracker Barrel Old Country Store, Inc. revised earnings guidance for the third quarter and fourth quarter fiscal 2024. The Company expects its third and fourth quarter fiscal 2024 financial results will be below its previous expectations, primarily due to weaker than anticipated traffic. During the third quarter, the Company also completed a review of its store portfolio, which resulted in some store closures and related expenses and
non-cash impairment charges that were incurred during the quarter.