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re: Cracker Barrel (CBRL) 52 week low today, $1.30 dividend, goes EX-Dividend tomorrow
Posted on 5/8/24 at 5:28 am to frogtown
Posted on 5/8/24 at 5:28 am to frogtown
The biggest issue with Cracker Barrel is their core demographic customer Seniors. This is one of the hardest hit groups with inflation. Many cannot afford to eat out anymore because they are on a fixed budget. I do see them cutting Div at the next meeting and this stock not doing much for a while. 50 would be a good spot to get back in.
1
Posted on 5/16/24 at 3:55 pm to FLObserver
quote:
The biggest issue with Cracker Barrel is their core demographic customer Seniors.
Plus, the food just isn't very good anymore. I ate breakfast there last week. The biscuits were small and not at all fluffy and I swear they used medium eggs.
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