- Zacks
Cracker Barrel Old Country Store (CBRL) Q3 Earnings Surpass Estimates
Cracker Barrel (CBRL) delivered earnings and revenue surprises of 57.14% and 1.14%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
- CNN Business
How Red Lobster’s misguided endless shrimp promotion drove it into bankruptcy
Last summer, Red Lobster made $20 endless shrimp a permanent menu item.
- InvestorPlace
Feeling the Pinch: 7 Restaurant Stocks Most at Risk as Consumers Dine Out Less
Dining out may have gained popularity during the post-lockdown recovery, but based on recent data, the American public may be losing some of its appetite for fast food, fast casual, and other dining establishments. This leaves restaurant stocks at risk of declining in price. Stocks in this sector have already been squeezed by factors like high inflation. During 2022 and 2023, the popularity of dining out stayed strong despite higher prices and smaller portions, but with U.S. economic growth slow
