One of Cracker Barrel's largest investors sent up a red flag last fall regarding the board of directors' rebranding plan for the company, but it went unheeded. In a two-page critique on Nov. 13, 2024, Sardar Biglari -- who owns approximately 5 percent of the restaurant chain's stock -- wrote...
One of Cracker Barrel’s largest investors sent up a red flag last fall regarding the board of directors’ rebranding plan for the company, but it went unheeded. In a two-page critique on Nov. 13, 2024, Sardar Biglari — who owns approximately 5 percent of the restaurant chain’s stock — wrote…