I can’t stand the new Cracker Barrel look, and I think the CEO is an idiot, but in terms of being broke, I think the company might have some issues before this.
The company has dumped 60% of it stock value in the last five years, and the CEO hasn’t been on board since November 2023.
So something does need to get fixed somewhere, because they are losing market chair and have been for a while now. The thing is what they’ve just done certainly isn’t it
Lotta Cracker Barrels here in Alabama. Every single one will get shunned by pretty much everyone here now. If someone opened a Southern Barrel chain for the entire SE and did it “raght”, I’d go eat there!