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Cracker Barrel loses $100M in cap value in one day
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CrimsonPhantom Offline
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Post: #241
RE: Cracker Barrel loses $100M in cap value in one day
Hey, Cracker Barrel! Drag Queens Don’t Eat Sausage Biscuits and Grits


Quote:The after-church crowd once flocked to Cracker Barrel for traditional, heart-stopping comfort foods like chicken fried steak, served in a setting filled with rustic, down-home décor. But Cracker Barrel seems to have forgotten who its customer base was.

The company has redesigned its interiors, stripping away much of the nostalgia and replacing it with a brighter, more modern look.

The chain also abandoned its iconic 48-year-old logo featuring a man sitting by a barrel, opting instead for a simplified design that contains neither a cracker nor a barrel. Like other companies that turned their backs on their core customers in the name of being “woke,” Cracker Barrel is learning that alienating longtime patrons doesn’t win over new ones.

The woke crowd isn’t suddenly going to start eating biscuits and gravy at a rebranded Cracker Barrel.

Longtime customer Rachel Love, whose viral TikTok sparked the controversy, said the changes stripped the restaurant of its character. Other loyal customers echoed these frustrations online, saying Cracker Barrel now feels more like a generic diner, and some vowed not to return unless older locations are preserved. Vietnam veteran Joseph Crawford added, “It takes away from heritage. When you’re 81 years old, you kind of remember the way the place started. And this has taken away from it.”

Byron Donalds declared, “No one asked for this woke rebrand” and added, “It’s time to Make Cracker Barrel Great Again,” in posts viewed over 3 million times. Activist Robby Starbuck summed up the sentiment of many critics, saying Americans are “sick of having our culture and heritage stripped from us.”

Cracker Barrel defended its rebrand, insisting that most feedback has been positive and that the remodels were based on guest input, though it acknowledged there is “a vocal minority” opposed to the changes. The company is clearly delusional because none of their original customers are going to like the changes.

The controversy has also reignited scrutiny of Cracker Barrel’s history with the Human Rights Campaign’s Corporate Equality Index (CEI), which measures workplace policies and benefits for LGBTQ+ employees. When the index debuted in 2002, Cracker Barrel received a score of zero. Later that year, the chain added “sexual orientation” to its list of protected characteristics in its employment discrimination policy. Over the next two decades, its score steadily improved, reaching 80 in 2021 after the company took several high-profile pro-LGBT positions.

This long engagement with HRC marked a dramatic shift for a brand once viewed as conservative. Although Cracker Barrel now says it has not participated in the CEI “for several years,” conservative activist Robby Starbuck points to this history as proof that the company has drifted away from the values of its traditional base.

Shares of Cracker Barrel (CBRL) tumbled more than 12% on Thursday, its steepest drop since April, before closing down over 7%. The decline erased more than $90 million in market value and reinforced the “go woke, go broke” narrative.

This easily avoidable demise of an established brand reflects a broader pattern of conservative consumers revolting against companies they see as abandoning traditional values. The most prominent example was Bud Light in 2023, when a promotion featuring transgender influencer Dylan Mulvaney sparked a boycott that wiped out roughly 24% of its sales and toppled it from its position as the nation’s top beer within just two months.

Target also faced boycotts in 2023 for selling LGBTQ-themed merchandise, including items aimed at children. The controversy led to a 5.4% drop in sales, and the company responded by pulling some products.

Disney went woke by pushing LGBTQ+ content in children’s movies, feminizing male characters, promoting anti-marriage messaging, and taking progressive political stands. The result: box office bombs like Lightyear and Strange World lost $300 million, massive boycotts tanked their stock, and they were forced into 7,000 layoffs and CEO changes.

Jaguar had an epic fail in 2024 with an ad campaign that emphasized diversity and inclusivity without showing any cars. Conservative critics mocked it as “Bud Light 2.0” and sales collapsed. European registrations plunged 97.5% in April 2025 compared to the year before. The fallout contributed to 500 management job cuts and the early retirement of Jaguar Land Rover’s CEO.

In 2018, Levi Strauss supported gun control efforts with major philanthropic donations, and in 2023 it launched LGBTQ+ campaigns featuring gender-fluid fashion. CEO Chip Bergh admitted, “It’s inevitable that we’re going to alienate some consumers,” but insisted companies must take stands on issues that matter.

Most critics believe the real question for Cracker Barrel is whether the company can repair its bond with customers who valued its nostalgic, family-oriented identity. But a far more realistic question is whether Cracker Barrel is willing to admit it made a mistake and return to an image that preserves its core customer base. If not, this could mark the end of Cracker Barrel, because drag queens don’t eat sausage biscuits and grits.
08-24-2025 05:42 PM
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TripleA Offline
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Post: #242
RE: Cracker Barrel loses $100M in cap value in one day
^^ Pretty much nailed it.
08-24-2025 05:50 PM
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fsquid Offline
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Post: #243
Cracker Barrel loses $100M in cap value in one day
I know a few that like sausage and biscuits

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08-24-2025 05:50 PM
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TripleA Offline
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Post: #244
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 05:50 PM)fsquid Wrote:  I know a few that like sausage and biscuits

Sent from my Pixel 9 using Tapatalk

Drag queens? I don't know any, myself. lol
08-24-2025 05:52 PM
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fsquid Offline
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Post: #245
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 05:52 PM)TripleA Wrote:  
(08-24-2025 05:50 PM)fsquid Wrote:  I know a few that like sausage and biscuits

Sent from my Pixel 9 using Tapatalk

Drag queens? I don't know any, myself. lol
They throw great parties

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08-24-2025 06:01 PM
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TripleA Offline
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Post: #246
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 06:01 PM)fsquid Wrote:  
(08-24-2025 05:52 PM)TripleA Wrote:  
(08-24-2025 05:50 PM)fsquid Wrote:  I know a few that like sausage and biscuits

Sent from my Pixel 9 using Tapatalk

Drag queens? I don't know any, myself. lol
They throw great parties

Sent from my Pixel 9 using Tapatalk

Well, there's a thing I've never been to before. 03-lmfao
08-24-2025 06:07 PM
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fsquid Offline
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Post: #247
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 06:07 PM)TripleA Wrote:  
(08-24-2025 06:01 PM)fsquid Wrote:  
(08-24-2025 05:52 PM)TripleA Wrote:  
(08-24-2025 05:50 PM)fsquid Wrote:  I know a few that like sausage and biscuits

Sent from my Pixel 9 using Tapatalk

Drag queens? I don't know any, myself. lol
They throw great parties

Sent from my Pixel 9 using Tapatalk

Well, there's a thing I've never been to before. 03-lmfao

at your age, that might be rare!
08-24-2025 06:15 PM
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CrimsonPhantom Offline
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Post: #248
RE: Cracker Barrel loses $100M in cap value in one day
08-24-2025 06:36 PM
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TripleA Offline
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Post: #249
RE: Cracker Barrel loses $100M in cap value in one day
I asked ChatGPT what was going on with Cracker Barrel, and it defended the corporate changes, lol.
08-24-2025 07:07 PM
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450bench Offline
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Post: #250
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 07:07 PM)TripleA Wrote:  I asked ChatGPT what was going on with Cracker Barrel, and it defended the corporate changes, lol.

One of the most woke institutions in the United States thanks to their new CEO was installed a couple of years ago.
Would have never guessed that.
I will say, for the last year or so we’ve commented that a lot of the servers are gay or trans people. In Florida and the ones we stop at along the way between Memphis and Florida.
08-24-2025 07:14 PM
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Tiger1983 Offline
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Post: #251
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 07:07 PM)TripleA Wrote:  I asked ChatGPT what was going on with Cracker Barrel, and it defended the corporate changes, lol.

Grok’s version was balanced (IMO).
08-24-2025 08:37 PM
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shere khan Offline
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Post: #252
RE: Cracker Barrel loses $100M in cap value in one day
Maybe a genius move. Ive heard more about cracker b in the last week than in 20 years.

Rage marketing

Lol
08-24-2025 08:46 PM
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fsquid Offline
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Post: #253
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 08:46 PM)shere khan Wrote:  Maybe a genius move. Ive heard more about cracker b in the last week than in 20 years.

Rage marketing

Lol

guy at church said the same thing this morning. I'd love to be the next CEO, just announce everything is coming back and they'll call you a "hero".
08-24-2025 09:05 PM
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TripleA Offline
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Post: #254
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 08:46 PM)shere khan Wrote:  Maybe a genius move. Ive heard more about cracker b in the last week than in 20 years.

Rage marketing

Lol

I was thinking about that. I think not. It's all negative pub.

The move is going to piss off a decent percentage of regular customers. I'm one. I go for the style of food and because the decor reminds me of my grandparents, who were born in the 1800s.

The food has slowly gotten worse over the years (never was great but was the right kind of things).

Now the menu has changed and the interior decor is mostly gone. And it has white walls. WUT?!!

One reporter today said it now looked like a Denny's.

How many current non-customers do you think it will attract to make up for that loss? I say not many. Maybe zero.
(This post was last modified: 08-24-2025 09:17 PM by TripleA.)
08-24-2025 09:08 PM
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fsquid Offline
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Post: #255
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 09:08 PM)TripleA Wrote:  
(08-24-2025 08:46 PM)shere khan Wrote:  Maybe a genius move. Ive heard more about cracker b in the last week than in 20 years.

Rage marketing

Lol

I was thinking about that. I think not. The move is going to piss off a decent percentage of regular customers. I'm one. I go for the style of food and because the decor reminds me of my grandparents, who were born in the 1800s.

The food has slowly gotten worse over the years (never was great but was the right kind of things)

How many current non-customers do you think it will attract to make up for that loss? I say not many. Maybe zero.

that's the thing though, they are a public company with no revenue growth in 5 years. So the regular customers aren't going to please the board.
08-24-2025 09:10 PM
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bobdizole Offline
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Post: #256
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 09:10 PM)fsquid Wrote:  
(08-24-2025 09:08 PM)TripleA Wrote:  
(08-24-2025 08:46 PM)shere khan Wrote:  Maybe a genius move. Ive heard more about cracker b in the last week than in 20 years.

Rage marketing

Lol

I was thinking about that. I think not. The move is going to piss off a decent percentage of regular customers. I'm one. I go for the style of food and because the decor reminds me of my grandparents, who were born in the 1800s.

The food has slowly gotten worse over the years (never was great but was the right kind of things)

How many current non-customers do you think it will attract to make up for that loss? I say not many. Maybe zero.

that's the thing though, they are a public company with no revenue growth in 5 years. So the regular customers aren't going to please the board.

This. The company was dieing, the current customer base never really came back after covid. They either had to do something drastic to revitalize the brand or limped along until they filed bankruptcy.
08-24-2025 09:20 PM
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shere khan Offline
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Post: #257
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 09:20 PM)bobdizole Wrote:  
(08-24-2025 09:10 PM)fsquid Wrote:  
(08-24-2025 09:08 PM)TripleA Wrote:  
(08-24-2025 08:46 PM)shere khan Wrote:  Maybe a genius move. Ive heard more about cracker b in the last week than in 20 years.

Rage marketing

Lol

I was thinking about that. I think not. The move is going to piss off a decent percentage of regular customers. I'm one. I go for the style of food and because the decor reminds me of my grandparents, who were born in the 1800s.

The food has slowly gotten worse over the years (never was great but was the right kind of things)

How many current non-customers do you think it will attract to make up for that loss? I say not many. Maybe zero.

that's the thing though, they are a public company with no revenue growth in 5 years. So the regular customers aren't going to please the board.

This. The company was dieing, the current customer base never really came back after covid. They either had to do something drastic to revitalize the brand or limped along until they filed bankruptcy.

Dying unless the were doing metal fabrication

Yeah they may have just killed a sick patient
08-24-2025 09:26 PM
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TripleA Offline
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Post: #258
RE: Cracker Barrel loses $100M in cap value in one day
I agree it was going downhill. I said that. Food had gotten worse. And yes, the customer base seemed smaller.

But I guarantee what they did isn't going to help. That was my point. It's going to go ahead and kill it.
(This post was last modified: 08-24-2025 09:31 PM by TripleA.)
08-24-2025 09:28 PM
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fsquid Offline
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Post: #259
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 09:28 PM)TripleA Wrote:  I guarantee what they did isn't going to help.

she had to do something, but I agree this was not it.
08-24-2025 09:29 PM
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TripleA Offline
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Post: #260
RE: Cracker Barrel loses $100M in cap value in one day
(08-24-2025 09:29 PM)fsquid Wrote:  
(08-24-2025 09:28 PM)TripleA Wrote:  I guarantee what they did isn't going to help.

she had to do something, but I agree this was not it.

The food quality went down when customers returned from Covid. And they added things to the menu that had nothing to do with the cuisine the restaurant has always been known for.

That's why they didn't recover. IMO, it's not b/c the base didn't return. It's b/c they made changes that caused the base not to return. Management did this, not the customer base.
08-24-2025 09:36 PM
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