Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) was among the stocks Jim Cramer discussed on Mad Money, along with the recent sell-off in the market.
Cramer highlighted the situation where he would be a buyer, as he remarked: After the close, we hear from two companies with totally divergent paths: Casey’s General Stores and Cracker Barrel… Cracker Barrel’s trying to remake itself
Stock’s up 32% year to date, but it’s way down from where it was a couple of years ago. Stock closed at $33 and change. It was at 71 bucks less than a year ago.
I’d love to be a buyer, but we have to see some earnings growth. Photo by Anna Nekrashevich on Pexels Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) develops and operates a concept that combines full-service restaurants with on-site gift shops. The restaurants provide breakfast, lunch, and dinner through dine-in, pick-up, and delivery, while the gift shops sell a variety of apparel, toys, cookware, foods, and decorative items.