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Cracker Barrel stock slips as company cuts outlook after walking back logo update, store remodels

Cracker Barrel (CBRL) stock continued to fall on Thursday after investors were disappointed by the restaurant chain's full-year outlook, which projected a drop in traffic and lower sales in the coming year. The downbeat forecast comes after the company rolled back its logo revamp and plans to remake stores after a public outcry that eventually drew the attention of President Trump last month. Its stock is now down nearly 2%, having slid as much as 10% late Wednesday after Cracker Barrel's results report. ...