The Latest Breaking News from CBRL

Restaurant company Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) saw its shares fall last week on the heels of a company logo rebrand, as upset consumers worried about the appearance of the logo and the interior of restaurants.

Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) has seen its stock plummet 12.5% over the last five days, including a sharp 7.15% drop on Thursday, as the company grapples with fierce public backlash over its recent rebranding.

Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) reported third-quarter FY22 sales growth of 11% year-on-year to $790.2 million, missing the consensus of $795.52 million. Comparable store retail sales increased 9.7%, and comparable store restaurant sales grew 10.9%. General and administrative expenses increased 8% Y/Y to $40.2 million. The operating margin was 3.9%, and…

Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) reported second-quarter FY22 sales growth of 27.3% year-on-year, to $862.26 million, missing the analyst consensus of $870.14 million. Comparable retail sales increased 32.5%, and comparable restaurant sales rose 25.9% versus Q2 FY21. Comparable retail sales increased 13.7%, and comparable restaurant sales rose 1.9% versus Q2 FY19.…

Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) expands its wine offerings and adds several limited-time drinks to its seasonal menu.  Guests can try new wines such as Roscato Moscato and Roscato Sweet Red or try new limited-time alcoholic beverages like Jack Daniel's Country Cocktails Lynchburg Lemonade. Cracker also offers non-alcoholic beverages like Fruit…