Cracker Barrell's stock price dropped 20% after an investor call in which the company's new CEO said the restaurant chain isn't as 'relevant.' ...

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.

If you zoom out for the bigger picture, Cracker Barrel’s stock price has gone up a total of 60 percent in the past seven months, since the first of the year.

The publication added that Cracker Barrel has lost 16% of its customers over the past four years. “We’re just not as relevant as we once were,” Masino said on a call with investors, per The ...

Cracker Barrel's turnaround is evident, with same-store sales up 2.9% YoY in Q1 FY 2025. Read why I upgrade CBRL stock from Buy to Strong Buy.