Why Cracker Barrel Stock Plunged 16% Last Month

By doing these things, Cracker Barrel believes it can achieve sales of up to $3.9 billion in fiscal 2027. For perspective, it expects roughly $3.5 billion in sales this year. That's only about 11% growth over three years, which isn't terribly inspiring considering how much money it plans to spend. This contributes to why Cracker Barrel stock is down. A bargain buy? Through the first three quarters of its fiscal 2024, Cracker Barrel's earnings per share (EPS) are down 63% year over year. And with profits dow ...