Leaner Times for Cracker Barrel

Investors sold shares of its parent CBRL Group Tuesday after the chain announced lower monthly sales

Cracker Barrel Old Country Stores has had a tougher time persuading people to come in to its restaurants and fill up on ham, eggs, grits and its other signature dishes. The chain's parent CBRL Group, Inc. (CBRL) on March 27 announced falling sales during the month ended Mar. 23, explaining that storms cast a chill on the business.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.