Cracker Barrel

Financing

Cracker Barrel changes its approach to menu pricing

The chain will make multiple small adjustments in coming quarters to see how customers react.

Food

Bread rises to new status on menus

Innovation comes to the breadbasket, as restaurants upgrade service, variety and quality.

William Cronnon was injured after he drank a cleaning product called Eco-San, thinking it was ice water, at one of the chain's restaurants in 2014.

It was the investor’s second such fine for violating antitrust laws related to the reporting of stock purchases by large existing shareholders.

The Bottom Line: The controlling shareholder of the company that owns Steak n Shake wants the family dining chain to stop spending on restaurants.

The chain’s same-store sales are back to status quo thanks to better staffing. But the underlying business looks a bit different.

The chain expects its virtual brands and ghost kitchens to generate incremental sales, though it’s still too early to tell just how well they’ll do.

Chains like Cracker Barrel and Chili’s are using small-format kitchens to go places they couldn’t before.

Pommells was formerly CFO of Red Lobster and also spent more than a decade at Darden. He is the permanent replacement for retired CFO Jill Golder.

The Bottom Line: The investor, who has been rebuffed repeatedly in his efforts to join the company’s board, is now tackling executive bonuses and wants more dividends.

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