Country fried steak and pork chops are among the biggest bargains around for buyers seeking deals in the U.S. restaurant industry.
Cracker Barrel Old Country Store Inc., the owner of namesake restaurants and gift shops, trades for 12.9 times free cash flow, less than 89 percent of U.S. peers valued at more than $1 billion, according to data compiled by Bloomberg. The Lebanon, Tennessee-based company’s valuation is lagging behind rivals even after a 38 percent rally since Biglari Holdings Inc. disclosed a stake in 2011 and requested strategy changes.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
