Cracker Barrel Visits Slumped 10% After Logo Change: Can The Damage Be Undone?
1. CBRL faces declining traffic after logo change announced mid-August. 2. Visitor visits fell by double digits in September compared to last year. 3. Q4 revenue increased 4.4%, but first-quarter results look concerning. 4. Traffic declines may influence October performance and future earnings. 5. Stock down 19.30% year-to-date, now trading at $42.70.