Cracker Barrel

Financing

Earnings roundup: Red Robin, Cracker Barrel, J. Alexander’s, Chuy’s, Marriott

Here’s a snapshot of how those operations fared during Q3, along with a look at how they intend to improve their performance.

Food

Beef, breakfast and dessert rule the top 10 LTOs

Consumers are most likely to purchase familiar favorites in 2020.

Activist Sardar Biglari, trying to get a board seat, has criticized the decision. But Cracker Barrel says its investment, and its decision to walk away, were both warranted.

The company, in a proxy battle with its longtime activist, explains its decision to back away from Punch Bowl Social.

Delivery was supposed to be the big gainer of the pandemic. But operators have discovered that an old service coupled with new technology is what they’re seeing as a greater sales opportunity.

RB’s The Bottom Line looks at the investor’s latest claim as he ramps up a proxy campaign against the family dining chain.

The chain will begin tests later this month of grab-and-go service and free-standing catering kitchens.

Management also reported that sales have rebounded to within 28.2% of pre-pandemic levels.

RB’s The Bottom Line looks at the Steak ‘n Shake owner’s fourth attempt for a seat on the Cracker Barrel board.

Two brands take a new direction while others get ready for summer eating.

  • Page 5