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Cracker Barrel stock falls as company reports mixed earnings after rebrand controversy

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Cracker Barrel stock falls as company reports mixed earnings after rebrand controversy


In an aerial view, a Cracker Barrel sign featuring the old logo hangs on a sign outside of a restaurant on Aug. 27, 2025 in Florida City, Florida.

Joe Raedle | Getty Images

Cracker Barrel Old Country Store said Wednesday the restaurant chain is focusing on enhancing its experiences for guests after it faced intense backlash over an attempted rebrand earlier this summer.

The company reported mixed fiscal fourth-quarter earnings Wednesday afternoon, and CEO Julie Masino said the company is “optimistic” about its future as it heads into next year.

The stock sank roughly 10% in after hours trading.

Here’s how the company performed compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

  • Earnings per share: 74 cents vs. 80 cents expected
  • Revenue: $868 million vs. $855 million expected

Masino said Cracker Barrel was grateful for customers voicing their “passion for Cracker Barrel in recent weeks” and that the company is now switching its focus.

“We conducted extensive research to inform our strategic plan, but what cannot be captured in data is how much our guests see themselves and their own story in the Cracker Barrel experience, which is what’s led to such a strong response to these changes,” Masino said on a call with analysts Wednesday.

The company is now focusing on innovating in the kitchen and “areas that enhance the guest experience,” Masino said, with the team aiming to return to a “positive trajectory.”

Still, Cracker Barrel said it expects total revenue for fiscal 2026 of $3.35 billion to $3.45 billion, compared with the $3.52 billion analysts expected, and a same-store traffic decline of 4% to 7%.

The company faced backlash last month after it announced a complete rebrand, including a redesign of its logo and a remodeling of its restaurants.

The new logo scrapped the image of a man sitting on a wooden chair leaning against a barrel, instead moving to a simpler black-and-yellow logo featuring only “Cracker Barrel,” without the “Old Country Store.” It had been the company’s latest move in a “strategic transformation” announced in May 2024 to reenergize the brand.

The restaurants were also scheduled to undergo remodeling to align with the new vision.

But the rebrand came under intense scrutiny. Users on social media called it “soulless” and “generic,” and conservatives took to X to argue that the logo change was an attempt to remove the American identity of the brand to cater to diversity, equity and inclusion efforts. The stock sank in the wake of the changes.

Cracker Barrel’s old and new logo.

Courtesy: Cracker Barrel

Cracker Barrel responded to the criticism, saying that the company could have “done a better job sharing who we are and who we’ll always be.” The chain said the man from the original logo, Uncle Herschel, would still be featured on the menu and part of the Cracker Barrel “family.”

President Donald Trump even weighed in on the situation, saying that Cracker Barrel “should go back to the old logo, admit a mistake based on customer response (the ultimate Poll) and manage the company better than ever before.”

The same day, the company announced a stunning reversal, shutting down the rebrand and retaining its original branding.

“We thank our guests for sharing your voices and love for Cracker Barrel. We said we would listen, and we have. Our new logo is going away and our ‘Old Timer’ will remain,” the company said in a statement.

Masino said on the Wednesday call that four locations with the modern designs are already being reverted to the traditional “Old Timer” signage.

“That’s why our team pivoted quickly to switch back to our ‘Old Timer’ logo and has already begun executing new marketing, advertising and social media initiatives leaning into Uncle Herschel and the nostalgia around the brand with more to come,” Masino said on the Wednesday call.

She added that the company is launching “Front Porch Feedback” on Thursday to build on what Cracker Barrel has received over recent weeks. The new tool will allow reward members to comment directly to team members after every visit, Masino said.

The company also announced it was suspending all of its restaurant remodels.

Shares of the company rose after the reversal, mostly restoring its losses. Since its first announcement, Cracker Barrel lost and regained almost $100 million in market value.

“Cracker Barrel is not just an old country store or a restaurant,” Masino said. “It’s the front porch of America, and we take that very seriously.”



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Car finance: What happened and how much compensation will be paid?

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Car finance: What happened and how much compensation will be paid?



Millions could be entitled to compensation as a result of commission arrangements between lenders and dealers.



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Over 2.5 crore Aadhaar Numbers deactivated by govt due to…

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Over 2.5 crore Aadhaar Numbers deactivated by govt due to…


New Delhi: The Unique Identification Authority of India (UIDAI) has deactivated more than 2.5 crore Aadhaar numbers of deceased persons till date. This is as part of a nationwide clean-up effort to maintain the continued accuracy and integrity of the Aadhaar database, Union Minister of State for Electronics and Information Technology Shri Jitin Prasada in Lok Sabha on Wednesday.

Aadhaar is the world’s largest biometric identity system with approximately 134 crores live Aadhaar holders.

In case of the death of a person, it is essential that his/her Aadhaar number is deactivated to prevent potential identity fraud, or unauthorized usage of such Aadhaar number for availing welfare benefits.

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The State / UT mentioned in the address of an Aadhaar number holder in the Aadhaar database may vary from the State / UT where death was registered.

Measures to prevent potential identity fraud

Government has said that several measures have been taken to reduce the risk of identity fraud and ensure leak-proof delivery of benefits in the country. 

The key measures include: 

Biometric Lock/Unlock feature enables an Aadhaar number holder to “Lock” his biometrics, preventing any unauthorized authentication attempts.

Aadhaar Lock/Unlock feature for an Aadhaar number holder.

Deployment of Face Authentication having ‘Liveness Detection feature’ to prevent spoofing and ensure the physical presence of the beneficiary during transactions.

Offline Verification: Promotion of Aadhaar Secure QR Code, Aadhaar paperless offline e-KYC, e-Aadhaar and Aadhaar verifiable credentials for offline identity verification.

No sharing of Core Biometric information of Aadhaar number holders in any manner by UIDAI.

Secure Data Storage: Mandatory use of Aadhaar Data Vaults by all requesting entities to store Aadhaar numbers in an encrypted format.

Database Sanitization: Regular de-duplication and deactivation of Aadhaar numbers belonging to deceased persons.

Updation of demographic details of an Aadhaar number holder is allowed only as per documents listed by UIDAI.

UIDAI has launched a new Aadhaar app which facilitates sharing of verified credentials by Aadhaar number holder with the Offline Verification Seeking Entities (OVSE) in a secure and seamless manner.

 



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TDS alert! Important February compliance dates you must track– Check Full list

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TDS alert! Important February compliance dates you must track– Check Full list


New Delhi: February 2026 brings a series of important deadlines related to Tax Deducted at Source (TDS) that taxpayers and deductors should not overlook. From issuing TDS certificates to submitting mandatory statutory forms, these compliance dates play a key role in ensuring smooth and accurate tax reporting. Businesses, employers, and government offices must stay alert and complete the required filings on time to avoid penalties or complications under the Income-tax Act. Keeping track of these dates can help ensure hassle-free compliance and prevent last-minute stress.

February 14:

– Deadline for issuing TDS certificate under Section 194-IA for tax deducted on transfer of immovable property in December 2025.

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– Deadline for issuing TDS certificate under Section 194-IB for tax deducted on rent paid by individuals or HUFs in December 2025.

– Deadline for issuing TDS certificate under Section 194M for tax deducted on contractual or professional payments made in December 2025.

– Deadline for issuing TDS certificate under Section 194S for tax deducted on transfer of virtual digital assets by specified persons in December 2025.

February 15:

– Deadline for government offices to furnish Form 24G where TDS/TCS for January 2026 was deposited without generating a challan.

– Deadline for issuing the quarterly TDS certificate for non-salary payments for the quarter ended December 31, 2025.



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