Cracker Barrel (CBRL) Provides Update on Strategic Transformation Plan

Go back to Cracker Barrel (CBRL) Provides Update on Strategic Transformation Plan

CRACKER BARREL PROVIDES UPDATE ON STRATEGIC TRANSFORMATION PLAN AND ANNOUNCES CAPITAL ALLOCATION CHANGES TO DRIVE SUSTAINABLE LONG-TERM VALUE CREATION

May 16, 2024 4:05 PM EDT

Organic growth investments expected to accelerate financial performance in late fiscal 2026 and into fiscal 2027

Company provides update on third and fourth quarter fiscal 2024

LEBANON, Tenn., May 16, 2024 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today provided an update on its strategic transformation plan and announced changes to its capital allocation.

Highlights

The Company's strategic transformation plan is anchored on three overarching business... More