Cracker Barrel Rises as New CEO Masino’s Plans Draw Focus
Cracker Barrel Old Country Store shares surged last week after reporting higher quarterly results. The stock ended at $36.30 on June 9, then climbed to $46.69 by June 12, company data shows. Fox News’ OutKick said Monday the stock “soared nearly 37% last week” as customers returned for old favorites, value meals and the Uncle Herschel’s menu. CEO Julie Felss Masino got some breathing room after earlier criticism over the chain’s rebrand effort.