Cracker Barrel, Chewy Rise on Guidance, Results

Cracker Barrel is experiencing a stock increase following an upward revision of its full-year revenue guidance, surpassing analyst expectations. This positive outlook is particularly noteworthy given a significant short interest in the company. Meanwhile, Chewy's shares have climbed after reporting first-quarter results that exceeded projections. Although the online pet product retailer adjusted its full-year net sales forecast downward, it maintained its adjusted EBITDA margin guidance, signaling confidence in its operational efficiency and profitability.