Cracker Barrel Is at the Bottom of the Barrel: Time to Buy?
Cracker Barrel(CBRL) MarketBeat·2024-09-20 19:32
After years of struggling with COVID-related disruptions, labor shortages, inflation, and shifting consumer habits, Cracker Barrel NASDAQ: CBRL is turning a corner. The FQ4 and full-year 2024 results are lackluster, and the guidance is tepid, but it could have been worse, much worse, and there is an expectation that improvements will continue gaining traction in F2025. It may take time for the market to build a stronger base and set itself up to sustain a rally, but lower prices are unlikely, and there is a ...