Cracker Barrel Old Country Store, headquartered in Lebanon, Tennessee, operates over 661 restaurant and retail outlets across 45 states, employing 77,000 staff and offering a rustic dining experience with home-style food. The company also runs 59 Maple Street Biscuit Company stores in 10 states.
CBRL has been in the news recently: Truist Securities has upgraded Cracker Barrel Old Country Store to a "buy" rating with a price target of $55, indicating a potential upside of 28.4% due to positive turnaround progress. Meanwhile, major banks like JPMorgan Chase experienced declines amid concerns over a U.S. economic slowdown.
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