Cracker Barrel Old Country Store - US restaurant chain benefits from recovery in consumer demand!
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Business Drivers : The US restaurant chain Cracker Barrel Old Country Store (CBRL) currently has around 660 locations, where traditional dishes are served in a rustic atmosphere. In recent years, Cracker Barrel has further driven its expansion by opening new locations. With the consumer demand continuing to stabilize, the outlook for Cracker Barrel should brighten in the coming quarters, after a significant EPS decline of -34% was experienced in Q3. On June 13th, Truist Securities confirmed the rating with "Buy" and raised the price target from...
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