Jim Cramer Believes “Cracker Barrel’s Trying to Remake Itself”

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) was among the stocks Jim Cramer discussed on Mad Money, along with the recent sell-off in the market. Cramer highlighted the situation where he would be a buyer, as he remarked:

After the close, we hear from two companies with totally divergent paths: Casey’s General Stores and Cracker Barrel… Cracker Barrel’s trying to remake itself. Stock’s up 32% year to date, but it’s way down from where it was a couple of years ago. Stock closed at $33 and change. It was at 71 bucks less than a year ago. I’d love to be a buyer, but we have to see some earnings growth.

Photo by Anna Nekrashevich on Pexels

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) develops and operates a concept that combines full-service restaurants with on-site gift shops. The restaurants provide breakfast, lunch, and dinner through dine-in, pick-up, and delivery, while the gift shops sell a variety of apparel, toys, cookware, foods, and decorative items. Cramer discussed the stock during the episode aired on September 12, 2025. He commented:

Wednesday’s got a little stock drama going for it as Cracker Barrel reports… I’m talking about a situation that’s in flux. CEO Julie Masino, we’ve had her on. I think she’s terrific. She had this thing rocking. What a turn. And she decided to redo the logo, get rid of the old man in a barrel. It turned out to be ill-advised as, old timer as he’s known, apparently had lots of fans, including President Trump. Who’ve thunk it? She quickly backtracked, but the stock took a real hit. Good companies can put this kind of stuff behind them fast. Let’s hope that’s what Masino does.

It is worth noting that the stock has declined by over 34% since the comment above was aired.

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