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Cracker Barrel's stock has taken a beating since the restaurant chain held an investor call in which its new CEO admitted the Southern country restaurant chain isn't as "relevant" as it once was.
Cracker Barrel has long been known for its combination ... "I want to emphasize that optimizing our price points across the menu doesn't mean just increasing prices," she said.
In recent trading, shares of Cracker Barrel Old Country Store Inc (Symbol: CBRL) have crossed above the average analyst 12-month target price of $72.14, changing hands for $72.67/share.
Cracker Barrel has a fortress balance sheet that can sustain the current payment while it invests in its turnaround efforts. These include optimizing menu and price, remodeling, and improving ...
Cracker Barrel (NASDAQ:CBRL) stock is falling hard on Friday after the restaurant chain announced a major cut to its dividend. Cracker Barrel is cutting its quarterly dividend by 80% to just 25 ...