Here's Why Investors Should Avoid Cracker Barrel (CBRL) Now

A look at Cracker Barrel's price trend reveals that the stock has witnessed an unimpressive run on the bourses so far this year. Shares of the company have lost 47.7% compared with the industry's decline of 9.1%. This reflects investors' pessimism on the stock, given the uncertain sales environment. Factors Hurting CBRL Performance Despite cost-saving initiatives, higher labor costs due to increased wages and investments in additional labor hours are expected to persistently keep profits under pressure. The ...