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CBRL - Cracker Barrel: Good Value Ahead Of A Full Recovery
Cracker Barrel Old Country Store Inc.
Q1-21 showed a lot of improvement in terms of a slowdown in revenue compared to the prior period as well as the previous two sequential quarters.
Q1-21 earnings results show a lot of resilience; notwithstanding the cautious nature of the Q2-21 outlook, management maintains a positive view of the crucial quarter.
Management's prudence and acumen in focusing on what works are clearly visible from what was achieved in the first quarter.
CBRL holds significant long-term value at the current price.