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Cracker Barrel higher after setting special dividend

  • Cracker Barrel (NASDAQ:CBRL) declares a special dividend of $3.50 per share. The company's FQ3 report was highlighed by a 0.4% drop in comparable sales vs. +0.6% expected by analysts. Comparable traffic was down 2.1% during the quarter.
  • Shares of CBRL are up 1.92% in premarket trading.
  • Previously: Cracker Barrel beats by $0.10, misses on revenue (May 23)

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