Cracker Barrel’s Shareholders Just Rehired the CEO Who Lit the Brand on Fire — And It’s Completely Ridiculous
Cracker Barrel Old Country Store (NASDAQ: CBRL) has had a rough year—and that’s putting it politely. The stock is down 50% year-to-date, revenue growth has stalled, guest traffic is sliding, and same-store sales look like a roller coaster pointed straight downward. But despite all that, shareholders voted to keep the same CEO who triggered the brand’s biggest identity crisis in decades.