Cracker Barrel downgraded by BofA Securities with a new price target
$CBRL
Restaurants
Consumer Discretionary
BofA Securities downgraded Cracker Barrel from Neutral to Underperform and set a new price target of $94.00 from $108.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/18/2024 | $52.00 | Hold → Buy | Argus |
| 8/6/2024 | Buy → Hold | Argus | |
| 5/17/2024 | $90.00 | Buy → Neutral | CL King |
| 7/18/2023 | $96.00 | Neutral | Piper Sandler |
| 3/24/2023 | $126.00 | Hold → Buy | Argus |
| 12/20/2022 | $116.00 | Buy | CL King |
| 12/16/2022 | $105.00 | Neutral | UBS |
| 8/2/2022 | $109.00 → $100.00 | Buy → Hold | Deutsche Bank |
4 - CRACKER BARREL OLD COUNTRY STORE, INC (0001067294) (Issuer)
4 - CRACKER BARREL OLD COUNTRY STORE, INC (0001067294) (Issuer)
4 - CRACKER BARREL OLD COUNTRY STORE, INC (0001067294) (Issuer)
DEFA14A - CRACKER BARREL OLD COUNTRY STORE, INC (0001067294) (Filer)
DEFA14A - CRACKER BARREL OLD COUNTRY STORE, INC (0001067294) (Filer)
DEFA14A - CRACKER BARREL OLD COUNTRY STORE, INC (0001067294) (Filer)
Strategic Transformation Plan on Track LEBANON, Tenn., Nov. 14, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its preliminary unaudited financial results for the first quarter of fiscal 2025 ended November 1, 2024 and reaffirmed its fiscal 2025 outlook. The Company plans to report final first quarter fiscal 2025 financial results on December 4, 2024. Preliminary First Quarter Fiscal 2025 Financial Highlights First quarter total revenue is expected to be approximately $845.1 million. Compared to the prior year first quarter, total revenue increased 2.6%.Comparable store restaurant sales increased 2.9%, outperformi
In the news release, Independent Proxy Advisory Firms ISS and Glass Lewis Agree Biglari Capital Has Made Compelling Case for Change at Cracker Barrel, issued 12-Nov-2024 by Biglari Capital Corp. over PR Newswire, we are advised by the company to disregard the original first sentence and the November 11, 2024 date below it. The complete, corrected release follows: Independent Proxy Advisory Firms ISS and Glass Lewis Agree Biglari Capital Has Made Compelling Case for Change at Cracker Barrel Glass Lewis Recommends that Shareholders Vote FOR Two of Biglari Capital's Nominees and ISS Recommends Shareholders Vote FOR One of Biglari Capital's Nominees Incumbent Directors Carl Berquist and Meg C
Glass Lewis Recommends that Shareholders Vote FOR Two of Biglari Capital's Nominees and ISS Recommends Shareholders Vote FOR One of Biglari Capital's Nominees Incumbent Directors Carl Berquist and Meg Crofton Have Overseen Observably Poor Performance and Significant Shareholder Value Destruction ISS and Glass Lewis Both Cite Substantial Analyst Concern Over the Company's Costly Transformation Plan Biglari Capital Urges Shareholders to Vote the GOLD Proxy Card for All Three of Its Director Nominees. San Antonio, TX, Nov. 12, 2024 /PRNewswire/ -- Biglari Capital Corp. today issued the following letter to shareholders of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL). See below for the s
LEBANON, Tenn., Nov. 21, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (NASDAQ:CBRL) today announced that the preliminary vote count from the Company's proxy solicitor indicates that its shareholders have voted to elect all 10 of Cracker Barrel's recommended nominees to the Company's Board of Directors at the 2024 Annual Meeting of Shareholders ("Annual Meeting"): Carl Berquist, Jody Bilney, Meg Crofton, Gilbert Dávila, John Garratt, Michael Goodwin, Cheryl Henry, Julie Masino, Gisel Ruiz, and Darryl "Chip" Wade. Sardar Biglari and Milena Alberti-Perez – who were nominated by entities Mr. Biglari controls and not recommended by the Board – di
San Antonio, TX, Nov. 19, 2024 /PRNewswire/ -- Biglari Capital Corp. today issued the following news release regarding Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) As we quickly approach the 2024 Annual Meeting on Thursday, November 21st, Cracker Barrel continues to mislead investors. Stockholders do not need to read between the lines, they only need to read the Company's actual lines. What Cracker Barrel says about its $700 million plan on the Eve of the Annual Meeting: "Sardar Biglari continues to misrepresent Cracker Barrel's capital spending plan. We are NOT spending $600 - $700 million on store remodels over the next three years as Mr. Biglari falsely claims. Our strategic plan
The Company's Strategic Transformation Plan Is Taking Hold and Showing Results Carl Berquist and Meg Crofton Have Been Change Agents and Bring Valuable Experience and Skillsets to Cracker Barrel's Board Election of Sardar Biglari and Milena Albert-Perez Would Jeopardize the Company's Momentum 2024 Annual Meeting of Shareholders Scheduled for November 21, 2024; For Additional Information on How to Vote Visit CrackerBarrelShareholders.com LEBANON, Tenn., Nov. 18, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (NASDAQ:CBRL) today reminds all shareholders to vote the universal WHITE proxy card "FOR ONLY" Cracker Barrel's 10 Recommended Director
Argus upgraded Cracker Barrel from Hold to Buy and set a new price target of $52.00
Argus downgraded Cracker Barrel from Buy to Hold
CL King downgraded Cracker Barrel from Buy to Neutral and set a new price target of $90.00
SC 13G/A - CRACKER BARREL OLD COUNTRY STORE, INC (0001067294) (Subject)
SC 13D/A - CRACKER BARREL OLD COUNTRY STORE, INC (0001067294) (Subject)
SC 13D/A - CRACKER BARREL OLD COUNTRY STORE, INC (0001067294) (Subject)
In the latest quarter, 8 analysts provided ratings for Cracker Barrel Old (NASDAQ:CBRL), showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 3 3 2 Last 30D 0 0 0 1 0 1M Ago 0 0 0 0 0 2M Ago 0 0 2 0 1 3M Ago 0 0 1 2 1 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $50.5, a high estimate of $62.00, and a low estimate of
B of A Securities analyst Sara Senatore maintains Cracker Barrel Old (NASDAQ:CBRL) with a Underperform and lowers the price target from $48 to $46.
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San Antonio, TX, Oct. 8, 2024 /PRNewswire/ -- Biglari Capital Corp. today issued the following letter to shareholders of Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL). See below for the shareholder letter in its original form. Dear Shareholders of Cracker Barrel Old Country Store Inc.: Through affiliated entities, we have been shareholders of Cracker Barrel since 2011. We currently own 2,069,141 shares. Since 2019, the shareholders of Cracker Barrel have collectively lost over $2.9 billion in market value.1 As 9.3% owners of the stock, we have lost our proportional share. Neither the appointment of Julie Felss Masino as the Company's CEO nor her ne
Skilled brand builder and growth driver has built successful career in hospitality by blending traditional marketing with innovation LEBANON, Tenn., July 18, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store® ("Cracker Barrel" or the "Company") (NASDAQ:CBRL) is pleased to announce the appointment of Sarah Moore as its Chief Marketing Officer, effective Monday, July 22. Moore's nearly 20 years of hospitality experience is a perfect match for the strong hospitality focus of Cracker Barrel. Her strategic experience in marketing, brand building, and guest engagement will be strong assets to Cracker Barrel as it evolves, taking what is beloved and differentiated about the brand and building o
Introducing more ways to enjoy homestyle favorites and shop unique finds at our Old Country Store LEBANON, Tenn., Sept. 20, 2023 /PRNewswire/ -- Now, every visit to Cracker Barrel Old Country Store® can be even more rewarding with new Cracker Barrel Rewards™. Members of the unique program can earn Pegs (like points) through restaurant or retail purchases and redeem them for rewards. Plus, members can enjoy more of what they love from Cracker Barrel with Birthday, Anniversary and Surprise Bonus Rewards, and one-of-a-kind digital experiences just for being a member. Earn Pegs to