Cracker Barrel sees slow improvement despite continued traffic slump in Q2

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Cracker Barrel is showing slow signs of improvement despite an ongoing traffic slump in Q2, reporting a 7.1% decline in same-store sales but improved traffic and guest scores in January. The company is focusing on heritage, food, and value perception improvements after abandoning controversial brand modernization plans. Strategies include reintroducing menu favorites, adding more breakfast options, implementing barbell pricing, and undertaking cost-saving measures.

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