Cracker Barrel gains as investor Biglari Capital seeks board seats

seekingalpha10-08

Cracker Barrel (NASDAQ:CBRL) edged higher by 0.6% as a large investor pushes for board seats. Biglari Capital, which has a 9.3% stake in restaurant chain Cracker Barrel (CBRL). is looking for board ...

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Biglari Capital, which has a 9.3% stake in restaurant chain Cracker Barrel (CBRL). is looking for board ...</p>\n\n<a href=\"https://seekingalpha.com/news/4157009-cracker-barrel-gains-as-investor-biglari-capital-seeks-board-seats\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cracker Barrel gains as investor Biglari Capital seeks board seats</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCracker Barrel gains as investor Biglari Capital seeks board seats\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-08 21:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4157009-cracker-barrel-gains-as-investor-biglari-capital-seeks-board-seats><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cracker Barrel (NASDAQ:CBRL) edged higher by 0.6% as a large investor pushes for board seats. Biglari Capital, which has a 9.3% stake in restaurant chain Cracker Barrel (CBRL). is looking for board ...</p>\n\n<a href=\"https://seekingalpha.com/news/4157009-cracker-barrel-gains-as-investor-biglari-capital-seeks-board-seats\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CBRL","symbol_name":"CB乡村店","start_time":0,"source_url":"https://seekingalpha.com/news/4157009-cracker-barrel-gains-as-investor-biglari-capital-seeks-board-seats","article_id":"2473347564","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/540833198/image_540833198.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2473347564","pubTimestamp":1728394299,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Cracker Barrel  edged higher by 0.6% as a large investor pushes for board seats. Biglari Capital, which has a 9.3% stake in restaurant chain Cracker Barrel . is looking for board seats, according to a letter Sardar Biglari wrote to the board on Tuesday. Biglari Capital is among the top 5 biggest holders.  \"Cracker Barrel is in perilous times,\" Biglari wrote. \"Not only is a change to its Board warranted but we believe it is also mandatory for the sake of the Company's future.\" Biglari is also calling for the company to dives Maple Street Biscuit, halt new store openings, focus on store-level economics and return cash to shareholders through higher dividend payments or share buybacks. 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Biglari Capital is among the top 5 biggest holders.  \"Cracker Barrel is in perilous times,\" Biglari wrote. \"Not only is a change to its Board warranted but we believe it is also mandatory for the sake of the Company's future.\" Biglari is also calling for the company to dives Maple Street Biscuit, halt new store openings, focus on store-level economics and return cash to shareholders through higher dividend payments or share buybacks. 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