Cracker Barrel has struggled to recover post-pandemic, with the CEO recently stating that the company has 'lost some of its shine'.
Cracker Barrel's (CBRL) fiscal third-quarter performance is likely to have been dented by dismal traffic, ongoing inflation and high interest rates.
Cracker Barrel Old Country Store® (NASDAQ: CBRL) today announced that Cheryl Henry, 50, has been elected to the company's Board of Directors, effective immediately. Ms. Henry is replacing director William Moreton, who will step down from the Board for personal reasons effective May 28, 2024. Despite his departure, Mr. Moreton will continue to serve as an advisor to the Board and to management through the end of calendar 2024.