Cracker Barrel Juggles Tariff Impacts -- Market Talk

Dow Jones
07 Mar
 

11:46 ET - Cracker Barrel Old Country Store runs a retail business alongside its restaurants, and the chain said about a third of the items sold in its stores are sourced from China. The family-dining chain said it's working with its Chinese vendors to absorb some of the costs from increasing tariffs on Chinese imports, and looking for supply alternatives. The company anticipates it will have to raise some retail prices in response to the tariffs. Cracker Barrel beat sales and EPS expectations for its second quarter, sending its shares up 11%. ( heather.haddon@wsj.com ; @heatherhaddon)

 

(END) Dow Jones Newswires

March 06, 2025 11:46 ET (16:46 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10