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Stock impact report

Egan-Jones Proxy Services Issues Withhold Recommendation for Cracker Barrel directors and CEO Masino due to ongoing decline and poor results

Cracker Barrel Old Country Store, Inc. (CBRL) 
Last cracker barrel old country store, inc. earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cbrlgroup.com/investor-relations
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Egan-Jones Proxy Services has announced its recommendation that shareholders of Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) withhold their votes for several members of the company’s board of directors and its Chief Executive Officer at the upcoming November 20 shareholder meeting.Egan-Jones cited continued financial underperformance, declining foot traffic and poor execution of management initiatives as primary concerns. Cracker Barrel’s market capitalization, now approximately $730 million, has fallen to its lowest level since 2009. Total shareholder return (TSR) has declined roughly 70 percent since early 2020, while net income has dropped 82 percent from 2021 to 2025. Rising operating costs, weakening margins, and deteriorating debt-service metrics have compounded these issues.The firm’s report describes how Cracker Barrel has entered a “vicious cycle” common to mature, cash-intensive businesses: declining guest traffic leads to reduced reve Show less Read more
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