Why Cracker Barrel Stock Dropped Like a Rock Today
The Motley Fool
MAY 17, 2024
Shares of restaurant chain Cracker Barrel Old Country Store (NASDAQ: CBRL) dropped like a rock on Friday after the company provided a business update and slashed its dividend. But the company's earnings per share (EPS) are currently lower than they were 10 years ago, which is a problem. After all, its trailing-12-month revenue of $3.4
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