Cracker Barrel: Strong Inflection In Search Interest
Summary:
Eagle Alpha’s Search Signal for Cracker Barrel is inflecting strongly to the upside. Both the one month and three month signals are up sharply in the quarter. Consumer interest in the brand appears to be robust.
Eagle Alpha Insight:
Search Signals is implying that consumer demand for Cracker Barrel has strengthened and implies upside to same store sales. The signal has moved earlier than sales in the past, so the current trend may get reflected in company guidance.
Cracker Barrel Old Country Store is principally engaged in the operation and development of the Cracker Barrel Old Country Store? concept. The format of the company's stores consists of a trademarked rustic old country-store design providing a restaurant menu that features home-style country food and a variety of items such as rocking chairs, holiday and seasonal gifts, toys, apparel, cookware and foods. The company's restaurants serve breakfast, lunch and dinner daily. Lunch and dinner items include southern fried chicken, chicken and dumplings, chicken fried chicken, meatloaf, country fried steak, pork chops, fish, steak, roast beef, vegetable plates, sandwiches and a variety of salads.
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