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Longtime Cracker Barrel foe urges shareholders to vote against ‘worse than mediocre’ CEO after dismal earnings

Fortune•Thursday, September 18, 2025 at 8:03:58 PM
NegativeFinancial Markets
Longtime Cracker Barrel foe urges shareholders to vote against ‘worse than mediocre’ CEO after dismal earnings
In a striking move, the CEO of Steak 'n Shake and Biglari Holdings has called on shareholders to reject the leadership of Cracker Barrel, labeling the current CEO as 'worse than mediocre' following disappointing earnings. This situation highlights the growing dissatisfaction among investors and raises questions about the company's future direction. With Cracker Barrel facing criticism and a tarnished reputation, the outcome of this vote could significantly impact its operational strategies and market position.
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