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Cracker Barrel Reinforces Focus on Food and Guest Experience with Leadership and Organizational Structure Changes
Prnewswire· 2025-10-02 21:01
Accessibility StatementSkip Navigation LEBANON, Tenn., Oct. 2, 2025 /PRNewswire/ --Â Cracker Barrel Old Country Store, Inc. ("Cracker Barrel") today announced leadership and organizational structure enhancements as the Company reinforces its focus on delivering outstanding food and experiences guests love."These changes to our organizational structure, along with new leadership appointments and promotions, mark a strategic step forward as we sharpen our focus on consistently craveable food and warm country ...
Cracker Barrel Sees Dip In Key Metrics As CEO Says Not Proceeding 'With These Modern Stores,' Pauses $700 Million CapEx Plan After Backlash - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Cracker Barrel O
Benzinga· 2025-10-01 12:07
Core Insights - Cracker Barrel Old Country Store Inc. has seen a significant decline in its quality ranking, dropping from the 12.24th percentile to the 8.99th percentile, a decrease of 3.25 points in just one week [2][3] - The company's quality ranking now places it in the bottom 10% of all stocks, indicating deteriorating operational efficiency and financial health [3] Financial Performance - The decline in quality ranking is attributed to worsening fundamentals, including declining revenue and management indecision regarding store modernization and capital allocation [5] - Customer foot traffic has decreased by 8%, contributing to the company's operational challenges [6] Strategic Decisions - CEO Julie Masino announced that Cracker Barrel will halt its modernization plans, which were part of a $600–700 million capital investment strategy, due to negative feedback from customers [5] - Future capital expenditures are expected to be significantly lower, projected at only $135–150 million for fiscal 2026 [6] Stock Performance - Cracker Barrel's stock price has declined by 19.77% year-to-date and 6% over the past year, closing at $44.06 per share [7] - The stock experienced a 1.98% drop on Tuesday and was down 1.13% in premarket trading on Wednesday [7]
Cracker Barrel-owned chain Maple Street Biscuit Company shutters 14 locations after earnings fall short
New York Post· 2025-09-26 18:56
Maple Street Biscuit Company, a Cracker Barrel-owned restaurant chain, shuttered more than a dozen locations that fell short of its financial expectations. Cracker Barrel warned in its earnings call last week that 14 locations would be impacted by the closures during fiscal 2026. However, Cracker Barrel told FOX Business that it had already closed the locations.“We appreciate the continued patronage of the many guests who have dined with Maple Street at these 14 locations over recent years and thank our tea ...
Cracker Barrel(CBRL) - 2025 Q4 - Annual Report
2025-09-26 14:35
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended August 01, 2025 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number: 000-25225 Cracker Barrel Old Country Store, Inc. (Exact name of registrant as specified in its charter) Tennessee (State ...
Cracker Barrel-owned chain closes 14 locations
Fox Business· 2025-09-26 14:18
Maple Street Biscuit Company, a Cracker Barrel-owned restaurant chain, shuttered more than a dozen locations that fell short of its financial expectations.  Cracker Barrel warned in its earnings call last week that 14 locations would be impacted by the closures during fiscal 2026. However, Cracker Barrel told FOX Business that it had already closed the locations."We appreciate the continued patronage of the many guests who have dined with Maple Street at these 14 locations over recent years and thank our te ...
Cracker Barrel is closing Maple Street Biscuit Company restaurants. See the full list of doomed locations
Fastcompany· 2025-09-25 19:57
LOGIN SUBSCRIBE | FastCo Works advertisement BY Christopher Zara Julie Masino, the restaurant chain's CEO, addressed the logo controversy in an earnings call on September 17, saying it underscored deeply held feelings and a love for the brand among fans. The company reverted back to its old branding and halted a planned remodeling of some of its restaurants in the wake of intense backlash that followed the logo change. Maple Street Biscuit Company, founded in Jacksonville, Florida, in 2012, largely escape ...
Truist Reduces PT on Cracker Barrel Old Country Store (CBRL) Stock
Yahoo Finance· 2025-09-24 13:54
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) is one of the Best Undervalued Stocks to Invest in According to Reddit. On September 18, Truist reduced the price target on the company’s stock to $58 from $62, while keeping a “Buy” rating. The firm noted Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)’s Q4 2025 earnings miss, but also recommends buying, considering that the core drivers of the brand turnaround remain intact and that sales might start to recover from the rebranding backlash soon, w ...
Cracker Barrel closes 14 Maple Street Biscuit Company locations
Yahoo Finance· 2025-09-23 20:21
Cracker Barrel has closed more than a dozen Maple Street Biscuit Company locations, the company confirmed. Cracker Barrel, which acquired Maple Street Biscuit Company in 2019 for $36 million, closed 14 of the breakfast chain's locations because they "simply didn’t meet our financial expectations," the company said in a statement to USA TODAY. Cracker Barrel initially announced it would be closing Maple Street locations in its latest earnings release on Sept. 17. Maple Street Biscuit Company, which was ...
3 Important Earnings Takeaways from Cracker Barrel
The Motley Fool· 2025-09-23 09:35
Cracker Barrel had a mixed result for its fiscal fourth quarter. Looking ahead, it's tough to see the path for the company.Cracker Barrel (CBRL 0.34%) shares began a decline after the company reported some mixed results for the end of its fiscal year 2025. Cracker Barrel has been going through a bit of an identity crisis, as it attempted to rebrand itself with new logos and store setups. Unfortunately for the company, there was overall backlash against the move, and Cracker Barrel is in the steps of going b ...
Cracker Barrel to shut 14 Maple Street Biscuit Company sites
Yahoo Finance· 2025-09-22 11:47
Cracker Barrel will close 14 Maple Street Biscuit Company locations in fiscal 2026, as reported by TheStreet. Cracker Barrel acquired the fast-casual chain for $36m. in 2019. Maple Street, established in 2012, specialises in Southern-style dishes such as biscuits and fried chicken, and presents a more contemporary interpretation of the country-themed setting associated with Cracker Barrel. At the time of purchase, the chain operated 28 company-owned and five franchised outlets across seven US states. ...