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Cracker Barrel Announces Pricing Of $275 Million Private Offering Of Convertible Senior Notes Due 2026
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Cracker Barrel Old Country Store, Inc (NASDAQ:CBRL) - Cracker Barrel Raised $275M Via Private Convertible Senior Notes Offering To Refinance Debt
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Cracker Barrel, Sage Therapeutics fall; Ocugen, FedEx rise
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Cracker Barrel Announces Proposed Private Offering Of Convertible Senior Notes Due 2026
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Company s 52-week low was at $96.16
Price action over last quarter: Up 3.99%
Company Description
Cracker Barrel Old Country Store Inc operates hundreds of full-service restaurants throughout the United States. Its restaurants are open for breakfast, lunch, and dinner, with menus that offer home-style country food. Cracker Barrel s biggest input costs are beef, dairy, fruits and vegetables, pork, and poultry. The company purchases its food products from a few different vendors on a cost-plus basis. All restaurants are located in freestanding buildings and include gift shops, which contribute roughly one fourth of total company revenue. Apparel and accessories are the company s biggest revenue generators in the retail segment of the business.