SmarTrend identified an Uptrend for Cracker Barrel (NASDAQ:CBRL) on July 16th, 2020 at $108.66. In approximately 3 weeks, Cracker Barrel has returned 3.40% as of today's recent price of $112.35.
, /PRNewswire/ -- today announced the launch of a new, simplified dinner menu, the latest way the brand is offering guests what they have come to expect from Cracker Barrel – generous portions of...
Although the restaurant industry is grappling with the coronavirus outbreak, few restaurant stocks have surged sharply in the past three months.
, /PRNewswire/ -- Cracker Barrel Old Country Store® (Nasdaq: CBRL) today announced that Gilbert Dàvila has been elected to the company's Board of Directors, effective immediately. Mr. Dàvila is...
Shake Shack (SHAK) sales decline sharply in second-quarter fiscal 2020 due to dismal traffic.
Restaurant Industry Banks on Off-Premise Sales Amid Pandemic
Retail sales in the United States surged 17.7% sequentially in May. This marked the biggest uptick on record in retail sales as the coronavirus-led lockdown eased.
Restaurant Brands' (QSR) Burger King boosts breakfast offerings with new plant-based Impossible Croissan'wich across stores in the United States.
Cracker Barrel (CBRL) is riding on marketing, digital and other sales-building initiatives.
Red Robin Gourmet Burgers (RRGB) witnessing robust off-premise sales due to the coronavirus pandemic. However, high debt remains a concern.
BJ's Restaurants' (BJRI) continues to reopen dining rooms. It is also witnessing higher off-premise sales.
Jack in the Box's (JACK) system same-store sales accelerate in the fiscal third quarter. Results for the quarter are likely to be reported on Aug 5.
Starbucks (SBUX) expects sharp losses in third-quarter fiscal 2020 due to the coronavirus pandemic.
Red Robin Gourmet (RRGB) results in first-quarter fiscal 2020 hurt by dismal comparable restaurant revenues.
Brinker (EAT) is witnessing comparable restaurant sales improvement at Chilli's and company-owned restaurants.
Wendy's (WEN) same-restaurant sales improve in low-single digits during the last week of May.
Solid rehiring in May, pent-up consumer demand and prospect of faster sales recovery in fast casual and quick-service restaurant chains should make these stocks winning bets.
The U.S. jobs report for the month of May reflected the largest one-month job gains.
Cracker Barrel (CBRL) third-quarter fiscal 2020 results were hurt by poor comparable restaurant sales and reduced traffic due to closure of dining rooms.
Cracker Barrel (CBRL) delivered earnings and revenue surprises of -44.28% and -4.43%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?