Cracker Barrel (CBRL) shares are rising after reporting positive fourth-quarter earnings results citing revenue growth tied to increased menu prices. Yahoo Finance's Rachelle Akuffo takes a closer look at the chain restaurant's stock for this hour's Trending Ticker.
Video Transcript
RACHELLE AKUFFO: All right. Now let's take a look at one trending ticker that we're watching, Cracker Barrel. Shares are moving higher this morning, up about 3% on the day. That's after the restaurant chain saw comparable restaurant sales rise 2.8% in the fourth quarter, as an 8.7% hike in prices and other cost cuts proved to benefit the brand. Now shares of Cracker Barrel still down nearly 20% so far this year, though. So we'll have to see what happens going forward.
