Cracker Barrel in MAJOR TROUBLE & No Longer MAKING MONEY
Description
Cracker Barrel released their quarterly numbers this week...which immediately caused Cracker Barrel stock to decline 10 percent. To make matters worse...Cracker Barrel is also reporting significant losses for the quarter...as the brand is no longer profitable.
We discuss the ongoing decline of Cracker Barrel. We react to a report from The Wall Street Journal...highlighting how Cracker Barrel core customers are unsatisfied with the quality of food. We explain why a negative reputation is difficult to overcome in the restaurant industry...and question whether Cracker Barrel will survive.
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