San Antonio, TX, Oct. 8, 2024 /PRNewswire/ -- Biglari Capital Corp. today issued the following letter to shareholders of Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL). See below for the shareholder letter in its original form.
Dear Shareholders of Cracker Barrel Old Country Store Inc.:
Through affiliated entities, we have been shareholders of Cracker Barrel since 2011. We currently own 2,069,141 shares. Since 2019, the shareholders of Cracker Barrel have collectively lost over $2.9 billion in market value.1 As 9.3% owners of the stock, we have lost our proportional share.
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