Cracker Barrel Old Country Store, Inc. delivered a Q3 EPS beat, but results were driven by a one-time litigation gain, not operational improvement. Despite raising adjusted EBITDA guidance to $120 million–$125 million for FY26, this uplift is largely due to lower inflation expectations, not structural gains. Core metrics remain weak: comp restaurant sales fell 2.6%, operating income declined 55% YoY, and revenue dropped 3%.