If You Love Cracker Barrel, Then You’ve Got to See This

Getting rich is the last thing most people think about when they're eating at Cracker Barrel Old Country Store (NASDAQ: CBRL  ) . But sooner or later, that's going to change.

The reason is simple. In addition to serving "honest-to-goodness homestyle meals prepared from scratch," it's making people extremely rich.

Take a look at the chart below. In the three decades since 1985, Cracker Barrel's stock has returned a total of 10,537%. Had you invested a mere $10,000 in the Tennessee-based company's stock in March of that year, it would be worth more than $1 million today!

How did Cracker Barrel accomplish this?

In the first case, the number of Cracker Barrel locations has exploded since Dan Evins opened the original location in Lebanon, TN in 1969. As the company's website tells it, "people liked Cracker Barrel and word got around." Fast forward to today, and there are more than 600 stores in 42 states.

Even more important than explosive growth, however, is the fact that Cracker Barrel has taken great care of shareholders over the years, serving up heaping platefuls of dividends and share buybacks. With only a few exceptions, it's paid dividends every quarter since the mid-1980s. And over the last decade alone, its outstanding share count has been sliced in half.

The net result, as I said at the beginning, is that long-term shareholders in Cracker Barrel have a lot more to be thankful for than simply a generous portion of comfort food. They're rich, and it's all because of Cracker Barrel.

Discover 1 more stock that's making people rich
If so, then you've got to check out our extremely popular free report "The Motley Fool's Top Stock for 2014." To download it instantly, simply click here now.

Read/Post Comments (0) | Recommend This Article (12)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2848025, ~/Articles/ArticleHandler.aspx, 9/3/2015 9:09:32 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

John Maxfield

John is The Motley Fool's senior banking specialist. If you're interested in banking and/or finance, you should follow him on Twitter.

Today's Market

updated 11 hours ago Sponsored by:
DOW 16,351.38 293.03 0.00%
S&P 500 1,948.86 35.01 0.00%
NASD 4,749.98 0.00 0.00%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/2/2015 3:59 PM
CBRL $145.56 Down +0.00 +0.00%
Cracker Barrel Old… CAPS Rating: ****