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Bob Evans Farms, Inc. Message Board

  • dukeoftralee dukeoftralee Feb 27, 2014 7:38 PM Flag

    Cracker Barrel profits up

    Cracker Barrel Posts Profit, Despite Dip in Fiscal Second-Quarter Revenues

    Cracker Barrel Old Country Store reported a slight drop in second-quarter fiscal 2014 revenues, citing severe winter weather as the culprit, but the company was still able to post a profit of $37.1 million, a 5.4 percent gain over a year ago.

    The second quarter of fiscal 2014 ended January 31, 2014.

    I expect the superior leadership team that has been around for over 6 years at Bob Evans should be more than capable of outperforming the management team at Cracker Barrel, like the Bob Evans management teams of old did on a regular basis. After all, Cracker Barrel is not nearly as forward thinking as the good old boys and girls at BOBE.

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    • I have grown weary of Cracker Barrel over the years. They are not as good (food quality & portions) as they once were; especially before they went public. I remember back around late 80's I guess it was, tried to contact them about investing into one of their restaurants for where I lived in PA then. Received letter back from them saying they were private held and I could not invest in them, and they felt that area of PA was not good place for them anyway....

      I received nice letter from corp then, and a packet of tomoato seeds in an old time envelope. A few years later, they went public, and built restaurant in my area of PA after all...

    • So far the superior leadership team for the past 6 years has underperformed. Able to drive stock price up but not drive top-line growth or the bottom-line.

      Sentiment: Strong Sell

      • 1 Reply to buckeye4me2
      • Driving the stock price up based upon takeover or breakup valuations??? Any of the run up due to growth?? I am tired of the increased dividend story since it is due to the massive use of capital to buy back shares thus the increase in dividend. I would like to see a stock split based on a growth story if one can be successfully implemented resulting in explosive growth creating desire from the street for more shares due to institutional and retail customer demand. There hasn't been a split since 1991 not even a stinking 10% dividend. I guess you have to be a trader on this stock today especially since there are many better dividend opportunities out there.

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