Form PREC14A CRACKER BARREL OLD COUNT Filed by: CRACKER BARREL OLD COUNTRY STORE, INC

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BofA Securities Reiterates Underperform Rating on Cracker Barrel (CBRL)

September 19, 2024 10:33 AM EDT

BofA Securities analyst Sara Senatore reiterated an Underperform rating and $40.00 price target on Cracker Barrel (NASDAQ: CBRL).

The analyst comments "CBRLs 4Q Restaurant comps of 0.4% were in line with consensus (vs BofAE/VA consensus: 0.2%/0.2%) as traffic/mix declines (-4.6 ppt) offset 4.2 ppts... More