Here's How Cracker Barrel Sees Inflation Playing Out Over the Next Year
Cracker Barrel(CBRL) Investopedia·2024-09-19 16:25
Key Takeaways Cracker Barrel said it expects wages to rise faster than commodity prices over the next year. The company on Thursday reported fourth-quarter earnings just below analyst estimates. Comparable dining sales rose year-over-year, but they fell in the company's well-known gift shops. One of America's best-known casual dining chains sees inflation continuing in the year ahead, with wages rising more than commodity prices. Cracker Barrel (CBRL), which has more than 600 restaurants in 44 states, on Th ...