![]() ![]() seaborne imports associated with Cracker Barrel show that China has maintained its relative position. Yet, Cracker Barrel seems to have stuck with the China-centric sourcing strategy. Those tariffs are set to remain in place given both candidates in the forthcoming presidential election have "tough on China" policies. Comparable store restaurant sales decreased 39.2% in the quarter, improving from down 59% in May to down 28.2% in July, and this improvement has continued into fiscal '21.”Ĭracker Barrel has previously raised concerns about the impact of tariffs on imports from China on its cost base, as discussed in Panjiva's research of Nov. Yet, management has struck an optimistic note, with CEO Sandra Cochran stating: "We were pleased with our sales trend and the sequential monthly improvements we saw in the fourth quarter. ![]() reported revenue that fell in the prior quarter as a result of COVID-19-related closures and changing consumer habits. Restaurant and gift-store operator Cracker Barrel Old Country Store Inc. ![]()
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