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CBRL - Cracker Barrel: A Slow Growth Value Play With Room For Multiple Expansion
December, 04 2020 10:00 AM
Cracker Barrel Old Country Store Inc.
Cracker Barrel had a tough 2020 with sharp revenue declines as a result of COVID-19 lockdowns and a total write-off of a $133 million investment. CBRL should see revenues recover in 2021 as COVID-19 vaccines allow normal traffic to return to dine-in restaurants. As revenues recover CBRL should see multiple expansion that the stock returns to peer levels. For further details see:
Cracker Barrel: A Slow Growth Value Play With Room For Multiple Expansion
Stock Information
Company Name:
Cracker Barrel Old Country Store Inc.
Stock Symbol:
CBRL
Market:
NASDAQ
Website:
crackerbarrel.com
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