When the restaurant chain reports earnings on Wednesday, investors will get a fresh look at how the company is faring following a failed summer rebrand.
Trump posted an AI-generated video mocking Cracker Barrel's controversial logo rebranding effort that removed the 'old timer' before the company reversed course.
The rebranding episode highlights Trump's ability to use a cultural touchpoint to his advantage.
Here are some of the major companies whose stocks moved on the week's news.
Steak ‘n Shake, which is owned by activist investor Sardar Biglari, has gone after Cracker Barrel on social media in the group's latest run in with the family-dining chain.
Cracker Barrel released a new logo earlier this month and, to put things lightly, it didn't go over well. The restaurant chain lost nearly $100 million in market value as it faced outrage from across the internet.
Dozens of social media posts called for Julie Felss Masino – who took over the chain in July 2023 and spearheaded the rebranding – to resign.
Cracker Barrel issues statement acknowledging customer concerns over its new logo while defending core values of hard work, family and homestyle food.
Cracker Barrel's (NASDAQ: CBRL) share price rose on Tuesday as investors reacted to a rebranding intervention by President Donald Trump. The move follows backlash against the company's recent rebranding effort.
Cracker Barrel's (CBRL) rebrand, featuring a new logo and modernized interiors, sparked widespread backlash for abandoning its nostalgic Southern charm.
Shares in Cracker Barrel Old Country Store (Nasdaq: CBRL) aren't reacting as much as the company had probably hoped on Tuesday after the beloved country-style restaurant chain apologized over a logo redesign it rolled out last week.
President Donald Trump weighed in on the controversial rebranding of Cracker Barrel Old Country Store. "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," Trump wrote on Truth Social.