[alexander_busek]

Probably was already loosing losing money.

Not according to the excerpt:

Cracker Barrel's sales have flatlined, with revenue for its most recent quarter unchanged at $935.4 [sic!] compared with a year earlier, while its stock has tumbled 40% so far in 2024.

So: Stagnant, but not actually losing money.

Regards,

[Paul R.]

As much as most everything costs, she should be thrilled sales have not tanked. Eating out is particularly expensive, and I always took Dave Ramsey’s advice. My wife, not so much.

In any event, most restaurant food is not that good for you, and I can make better at home (usually)...

[Bernard]

Total revenue in dollars is a number in a vacuum. Same dollar amount revenue this year compared to last year most likely means a reduced number of meals, or a decrease in the average dollars per meal. Total revenue doesn't just happen, unless management is prepared to be surprised each earnings report.

And there is most likely a consideration for meal revenue compared to store revenue (for knickknacks etc.)

I would think the core business is driven by the number of meals, and a mix of dinner compared to lunch compared to breakfast.