If you follow restaurant company stocks, you’d know that the industry hasn’t been in the best of shape. Even some of the most established players in the business have reported year-over-year declines in same-restaurant sales recently. Even though the performance of the overall restaurant industry has been rather sluggish lately, this company still managed to grow its business...
And that’s why Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) stock deserves your attention. The company runs a rock-solid business, and is still returning a tremendous amount of value to shareholders through its generous dividend policy. Headquartered in Lebanon, Tennessee, Cracker Barrel is a unique player in the restaurant business. Each Cracker Barrel Old Country Store location consists of not only a home-style country food restaurant, but also a gift shop. Right now, the company owns and operates 649 Cracker Barrel Old Country Stores locations in 45 states, and also owns the fast-casual “Holler & Dash” restaurants.
Source: Income Investors
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Posted by D4L | Saturday, April 28, 2018 | ArticleLinks | 0 comments »________________________________________________________________
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