Best Retirement Stocks: Cracker Barrel Old Country Store (CBRL)
Dividend Yield: 2.9%
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) doesn’t look great if you look at it through a short-term lens. Its total return of roughly 10% over the past 52 weeks, while respectable compared to its restaurant peers, seriously trails the S&P 500.
It’s not even the relative lack of performance versus the index, it’s the volatility — a $45 spread between its 52-week high of $175.04 and $130.15 low — that would give one second thoughts.
However, looking farther back, Cracker Barrel has seriously outperformed both its peers and the index on an annual basis over the past five years. And it has done so while carrying on an ongoing spat with its largest shareholder, Biglari Holdings Inc (NYSE:BH), who has profited greatly under the leadership of Cracker Barrel CEO Sandy Cochran.
One of the more interesting aspects of Cracker Barrel — beside the fact it combines a retail shop with a dining room — is that four of the top executives at the company, including the CEO, are women. That’s a big plus in my mind given there’s significant data showing women CEOs do better for shareholders than their male counterparts.
I’ve liked Cracker Barrel since 2013, and nothing has changed to alter my opinion.
People have to eat.