Cracker Barrel made the most surprising deal of 2019 when it took a $140 million stake in growth chain Punch Bowl Social. But that investment was tested in March, when the chain said it would not rescue Punch Bowl from foreclosure amid the coronavirus crisis, choosing instead to focus on helping its flagship chain and newly acquired Maple Street Biscuit Co.
Top 500 Year | 2020 |
---|---|
2019 U.S. Sales ($000,000) | $2,482 |
YOY Sales Change | 1.8% |
2019 U.S. Units | 660 |
YOY Unit Change | 0.8% |
Segment | Family Dining |
Menu Category | Family Style |
*Technomic estimate
More on this chain: Cracker Barrel
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