Guys, I know each every one of founders of CBRL.
Evans hasn't got a clue as to how to right this
CBRL's may be packed, but food delivery time far exceeds
industry accepted standards. There are not enough 'turns'
during the course of a day to support the expenses
associated with a CBRL physical plant. If the average time
to serve a customer is three times what it should be
(in the door/out the door), then its pretty easy to
understand the long queues.
That's not how you make
money. I would much rather fill that seat with three
different butts in the service time currently allocated for
just one customer.
Even if you cut service time
to 1.5 of what it is now, your gross receipts should
be up 200%. Assuming an appropriate improvement in
server and kitchen efficiencies, you will be putting
more profit on the bottom line. A side benefit of this
, and by the way it cost you nothing, is the
customer is a lot happier.
Since you know all the founders of CBRl I was
wondering what Dan Evins thinks of this evans guy you
mention that is running a ship for him?
I don't know
all of them I guess and Don't know this Evans guy you
speak of at all. Perhaps with your knowlegde of the
founders of cracker Barrel you could enlighten this board
with what this Evans does there.
I have eaten at a dozen Cracker Barrel
restaurants in the past two years - Albany, Dallas, Tenn, OK,
Co ... and I have never been disatisfied with either
the service or the food. And I am not easy to please.
That is why I bought the stock.
think that CBRL needs to do more advertising to better
fill the restaurants. There are only two ways to make
more money in ANY business. 1. Get the current
customers to spend more. 2. Find new customers. CRBL should
focus on both. For the current customers, I would have
more food to go so that those that stop for breakfast
could also pick up a box lunch or snack for the car. I
would also do a good review of the stuff in the front
of the store. To me, it appears that they could put
a lot more stuff that would sell like books and
magazines in place of relish and sasparrilla. Also, I think
they shoul open a web site to allow people who think
the old timey stuff they sell is neat, to order it
from home for gifts etc.
And, as far as new
customers, CRBL should work with Ryder, Uhaul, and Budget
and give any truck rentor a free cuppa Joe for stopen
at CRBL. I own stock in Uhaul (it is actually
Amerco) so I can tell you that they alone facilitate 11
million moves a year. They also need to advertise on
radio stations (so people in cars hear it) for those
restaurants that have soft business.
problem here is revenues, not quality of service. Cracker
Barrel wins awards for the quality of its restaurants
I don't know the founders of CBRL even though I
live in the area of the home office too. What I do
know is, once I am seated at a table ready to be
served, if you want to offend me, try rushing me out of
my seat. Nothing.........and I do mean NOTHING....
makes me any angrier with a resturant or
After waiting to be seated, the last thing I want is
someone trying to make me gulp my meal down or main line
it into my stomach. Get real.............are u short
this stock. If so, I have no problem with that, but
let's be realistic and accurate in teh things u are
It goes a lot deeper than simply avoiding taxes.
It has a lot to do with a person's integrity, sense
of right and wrong, etc. This one item in this
particular director's life is not enough to 'hang him' so to
speak. However, digging just a little further you will
find that this is the norm, not the exception for this
CBRL has a great concept and should be wildly
successful in these opulent times. There are multiple
problems that are preventing this from being
Inept directors, by themselves, do not necessarily mean
a company is going to do poorly. Nor does excessive
levels of middle and upper management, poor concept
execution at the customer level, not listening to the
But if corporation has all of the
above problems at the same time (like CBRL), then it's
pretty easy to see what's happening.
From your postings, it sounds like you are an
expert's expert in the restaurant industry, and very
familiar CBRL management and CBRL's operations. (What was
the source of the restaurant comparison statistics
that you allege to be true?) Have you considered
hiring yourself out to CBRL (for monetary compensation)
to inform them of s-p-e-c-i-f-i-c-s of how to
improve its operations and profits? Have you consider any
formal shareholder proposals, e.g. naming yourself and
other like-minded persons as directors? Have you
considered any affirmative positive act to improve CBRL? If
It is my humble understanding that
one, e.g. a director of CBRL, may engage in legal acts
to lower income taxes. Some persons set up foreign
trusts. Some even take valid deductions for medical
expenses. Are we supposed to become disgusted that a recent
Mexican citizen (per your comments) is allegedly a
Director of CBRL? (Was there some racism hidden in the
If one only considers your comments as to
the ability of CBRL management, one would have to
wonder how CBRL ever expanded to its second
It appears that you have a short position in CBRL
stock and desire additional profits by making
undocumentable negative comments. Otherwise, what is your
incentive to waste your time on this board?
First, either you're a genius or an idiot to have
extrapolated what I posted to the drival you posted in
First rule, read everything associated with a subject
before rendering a comment. Also don't ever accuse
someone of being a racist because he questions a person's
motives for surrendering his US citizenship because of
tax liabilities. That was a very stupid
Next rule, I have considerable documentation that
dates back to the incorportation of CBRL (not what is
now know as the Holding Company). Where is your
documentation that what I have said is wrong? It sounds like
you have a chunk of stock you bought @ $22, saw it go
to $30, thought you would wait, then saw it tank
where it now sits just below $16.
Try a very
common source of information such as Restaurant News and
you'll be amazed at the statistics you may glean. There
are several others with much more detail, but this
one is very common.
Evans has been offered
several proposals and has turned a deaf ear to them all.
You can't force someone to take your help if they
think everything is just fine.
This isn't rocket
science..........just think!!!!!!! You can't go from $30 to $16 dollars
per share then oscillate up and down by 2 bucks each
way for the last few months and not recognize that
there are problems.
a good stock is one that will someday have
thousands of crowded restaurants/gift shops across the US
with a large enough presence (brand name) to cut back
construction costs without fear of competitors impedeing on
its revenues and earnings. Is CBRL that stock?
Damifiknow but this is the same business model that was
wildly popular with investors two or three years ago? Of
course there are hundreds of "better" stocks but this
one has an irresistable low risk factor at this
level. Yea I'd say it's a good stock.
Thanks for your reply. Almost all was inaccurate.
Further comments will be deferred.
wondering what your motivation was for attacks against CBRL
was/is. Does the phrase "Evans has been offered several
proposals and has turned a deaf ear" mean that at least one
of the rejected proposals was offered by you?
First off, get your facts straight. No one was
slandered, I believe the word 'allegedly' was used several
times. Also this information came straight from the CBRL
hometown of Lebanon, TN from several different individuals
who, if you knew them, you would find difficult to
impeach and no, the US State Department will not give out
You're letting emotions get
in the way, not a good idea when dealing with any
stocks. The reason for having discussions on this thread
is to determine what information each of us may or
may not have concerning CBRL. It's not a place for
personal attacks by you or anyone else.
things that you hear 'up the flagpole' for discussion.
Sure, I may inflame you by posting what I have heard,
but I certainly don't do it out of malice, it's out
of concern. You should be far more concerned about
why the rumor mill is generating this material as to
playing shoot the messenger.
And lose he has,
seeing where the stock is now.....so what's your point?
I'm not seeing any indication that this has moved him
or other board members to act.
When someone is accused of trying to avade taxes
in my book that
member dose not make policy, so how can you expect to
see indication from him?? You can be assured that he
is very concerned about ALL stockholders and the
performance of the company to their benefit!!!
I usually don't talk about books, but I found one
in a library recently called "Hide you assets and
disappear. Wow, seems like a lot of rich and worldly people
have been doing things like taking assets out of the
country for a long time. After scanning this book, It
seem to be useless to get all upset about a board
member (or anyone else )going to Mexico or elsewhere
with his own money, if he is not breaking laws. Seems
that this is one of the things that rich people do in
order to stay rich. Never been rich, but it must alter
your thinking and of course enable one to pay creative
accountants and lawyers to help you save your money. For me,
the important thing is, who is managing the store
while the board members are away. We little
stockholders don't want to be left holding an empty bag full
of no biscuits. And I really don't expect that to
happen. I prefer to stick with monatary judgements. I am
not a good enough person to judge others, are you?
(besides I did not think we were supposed to, that is not
I know this doesn't have a thing to do with CBRL
accept my apologies.
Making money is
the easy part ,holding on to it for you and
heirs is another game.
If you don't become adept at
yor assets protecting from a greedy IRS bureaucracy
you will lose a big share of your investments and
savings to an overly aggressive tax code.
This is not
the forum for discussing these matters so I wiil
up now.For more
By the way I own CBRL and purchase thru their