Cracker Barrel gains on second-quarter surprise profit

Shares of Cracker Barrel CBRL.O climb 7.7% to $33 after the bell

Posts adjusted profit of 25 cents per share in the second-quarter, compared to analysts' average estimates of a 30 cents loss per share - data compiled by LSEG

CBRL expects 2026 adjusted core profit between $85 million and $100 million, compared to its previous forecast of $70 million to $110 million

Company now expects capital expenditures for the year to be in the range of $105 million to $115 million, compared earlier forecast of $110 million to $125 million

As of last close, stock up 20.55% YTD