Cracker Barrel and Bob Evans Take the Chipotle Challenge

By Rick Munarriz – Jun 11, 2013 at 4:58PM

NASDAQ: CBRL

Cracker Barrel Old Country Store

Market Cap

$1B

Today's Change

(2.08%) $1.24

Current Price

$60.84

Price as of April 23, 2024, 4:00 p.m. ET

Comfort food is a resilient niche in casual dining.

Investors in Cracker Barrel Old Country Stores (CBRL 2.08%) and Bob Evans (BOBE) were rewarded last week with gains of 9% and 4%, respectively, after both casual-dining chains posted better-than-expected quarterly results.

Both stocks hit new highs, posting positive comps along the way. You don't see that very often these days among publicly traded casual-dining chains as the hungry flock to fast-casual establishments led by Chipotle Mexican Grill (CMG 1.07%).

In this video, Fool contributor Rick Munarriz explores how comfort food is holding up well against the rise of Chipotle and its fast-casual peers.

Longtime Fool contributor Rick Munarriz owns shares of Cracker Barrel Old Country Store. The Motley Fool recommends Cracker Barrel Old Country Store. It recommends and owns shares of Chipotle Mexican Grill. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.