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CBRL - Cracker Barrel: Another Quality Restaurant To Fill Your Portfolio
Cracker Barrel Old Country Store Inc.
This week, we’ve identified another restaurant, providing a more home-style experience, positioned to survive the crisis and grow profits during the recovery. Cracker Barrel Old Country Store (CBRL) is this week’s Long Idea.
CBRL’s History of Profit Growth
We first featured CBRL as a Long Idea in March 2017 and closed the position in June 2018. CBRL was recently featured in our June 2019 article “3 Undervalued Stocks in the Restaurant Industry.” Now, with CBRL down 34% year-to-date (YTD), it trades at its cheapest valuation in years, as measured by