Cracker Barrel is exiting its Maple Street Biscuit Company business by selling the brand and assets of 35 locations to Biscuit Belly LLC and closing the remaining 16 restaurants. Additionally, it completed a sale-leaseback deal on 26 company-owned locations, raising about $77 million to reduce debt. These moves aim to sharpen focus on Cracker Barrel's core brand and improve profitability amid ongoing challenges, including backlash from a failed rebranding attempt. Biscuit Belly plans to convert the acquired Maple Street locations into its own restaurants, expanding its footprint significantly over the next few years.
Veeva Systems, a leading cloud software provider for life sciences, is expected to report strong Q3 earnings on August 26, 2026, with analysts projecting revenue of about $905 million and EPS of $2.22, an 11.6% increase year-over-year. The company be...
Okta is set to report its Q2 earnings with analysts expecting an EPS of $0.97 and revenue close to $793 million, reflecting a 9% year-over-year increase. The company benefits from strong demand for its AI products and growing subscription revenue, su...
Citi Trends reported a strong Q2 2026 with a 10.5% rise in comparable-store sales and total sales reaching $211.6 million, prompting management to raise its full-year outlook. Analyst Michael Baker set a new price target of $81, suggesting nearly 15%...
Palantir secured a $2.3 billion Pentagon contract for its Maven Smart System, marking a significant defense milestone. William Blair maintains an Outperform rating on Palantir, reflecting strong Wall Street confidence with 70% of analysts rating it a...
Synopsys, a leader in semiconductor design software, is set to report its quarterly earnings on August 26, 2026, with investor focus on its expanding $2 billion partnership with Nvidia centered on AI chip design. The company has a strong financial tr...
