Shares of Cracker Barrel Old Country Store Inc. slid more than 9% after hours on Wednesday after the Americana-themed restaurant chain forecast falling traffic in the months ahead, in the wake of a logo change and remodeling plans that turned off consumers.
Cracker Barrel said Wednesday it expects lower sales and weaker customer traffic in the coming year as the controversy over its planned logo change continues to play out.
Fed Meeting Live Updates: Interest Rates and Economic News The New York TimesFed set to announce first rate cut in nine months as Trump continues to push for influence CNNFederal Reserve poised to cut interest rates NBC NewsFed expected to cut rates, update views of Trump economic plan with new projections Reuters