Thomas Barwick/Stone via Getty Images Overall, the sentiment in the markets has been cheery, with only a few exceptions. Peloton Interactive (NASDAQ:PTON) is a big one. The pandemic market darling has entered into a years-long slump, pummeled by a lack of consumer demand for its core products as well as an inability to yield net…
jetcityimage/iStock Editorial via Getty Images By Valuentum Analysts Cracker Barrel Old Country Store (NASDAQ:CBRL) is a high-dividend paying restaurant that has a concept that is unmatched in the dine-in space, in our view. Not only do customers enjoy a home-away-from-home atmosphere, but guests can shop in their store while they wait–a combination that few, if…
sanfel The Q3 earnings season for the restaurant industry is finally over and we saw mixed results overall. Evidence of this came from another weak report from Dine Brands (DIN) and significant traffic declines at Cracker Barrel (NASDAQ:CBRL), and we haven’t seen much improvement in industry-wide traffic since October. On a positive note, quick-service and…
jetcityimage On September 22nd, we flagged a trade in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL). We set an exit price of $74+ for that trade from the mid $60s. That was a nice near 20% return overall, yet shares are taking a haircut today following the just-reported fiscal Q1 earnings. The restaurant…
TennesseePhotographer While the restaurant industry group has had a rough few months, few names have suffered as badly as Cracker Barrel Old Country Store (NASDAQ:CBRL), which is now down 28% year-to-date and over 60% from its highs reached in 2018. This underperformance can be attributed to lackluster sales performance and continued margin compression, with operating…
bymuratdeniz It has been a trope that oil is going to become an ‘orphan asset’ and that its use would end, and it would become an obsolete energy source. This is because of the gigantic efforts to halt ‘climate change’ caused by human CO2 emissions. The thrust of so much change to get to ‘Net…
Prices of oil in the US hit a 10-month high as oil shortages are expected until the end of the year following Russia and Saudi output cuts. In response to fears of weaker supply, the prices of oil rose on Thursday. The West Texas Intermediate (WTI) crude climbed 1.6% to $90.04 per barrel, its highest…