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re: Cracker Barrel (CBRL) 52 week low today, $1.30 dividend, goes EX-Dividend tomorrow

Posted on 5/8/24 at 5:28 am to
Posted by FLObserver
Jacksonville
Member since Nov 2005
14506 posts
Posted on 5/8/24 at 5:28 am to
The biggest issue with Cracker Barrel is their core demographic customer Seniors. This is one of the hardest hit groups with inflation. Many cannot afford to eat out anymore because they are on a fixed budget. I do see them cutting Div at the next meeting and this stock not doing much for a while. 50 would be a good spot to get back in.
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