Remember my Short Uncle Herschel from August? Of course you do. I suggested shorting Cracker Barrel, even though it had already been blasted to pieces. How’d the idea work out? Observe:
The culture wars had briefly turned their attention to CBRL (recall the logo incident) and once the CEO surrendered and put their stupid logo back, the red hats rallied around the place as a victory. Well, it didn’t matter.
This place, like most restaurant companies, has been dying a slow death over a period of years. Check out the descending scallops (not on the menu, but on the chart).
Although it’s hard to imagine being able to resist eating this slop.
