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Cracker Barrel Old Country Store, Inc. (CBRL): A Bull Case Theory

We came across a bullish thesis on Cracker Barrel Old Country Store, Inc.  on Value investing subreddit by mrmrmrj. In this article, we will summarize the bulls’ thesis on CBRL. Cracker Barrel Old Country Store, Inc. 's share was trading at $62.33 as of August 27th. CBRL’s trailing and forward P/E were 24.16 and 18.90 respectively according to Yahoo Finance.

Cracker Barrel is at a pivotal juncture following a challenging period for management and investors. The CEO appears to be on thin ice, facing immense pressure after a failed rebrand, with activist investors having long...