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CBRL dividend cut correx May 17, 2024
  + stars: | 2024-05-17 | by ( ) www.cnbc.com   time to read: 1 min
An earlier version misstated the amount of the dividend payment Cracker Barrel made prior to its cut. The restaurant chain previously issued a dividend of $1.30 per share.
Jim Cramer digs into Cracker Barrel's negative outlook
  + stars: | 2024-05-17 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Jim Cramer digs into Cracker Barrel's negative outlook'Mad Money' host Jim Cramer looks at Cracker Barrel's negative outlook and dividend.
Persons: Jim Cramer
Take-Two Interactive Software — Shares of the video game company were down more than 2% after an update about the timing of the new Grand Theft Auto game. Doximity also reported in line revenue guidance for the first quarter. Expected revenue of $585 million to $589 million was weaker than the $590.2 million consensus estimate. The information technology company expects earnings of 55 cents to 60 cents per share in the first quarter, weaker than the FactSet consensus estimate of 76 cents earnings per share. Revenue guidance of $3.1 billion to $3.150 billion was less than the anticipated $3.3 billion.
Persons: Reddit, Doximity, Globant, FactSet, Goldman Sachs, — CNBC's Brian Evans, Michelle Fox, Hakyung Kim, Yun Li, Jesse Pound, Pia Singh Organizations: GameStop, OpenAI, Bloomberg, Globant SA, FactSet, Citigroup, DXC Technology
The sale comes after GameStop shares surged earlier this week in a brief revival of the meme-stock trade. Reddit — The social media stock popped 12% after Reddit announced a partnership with OpenAI. Take-Two Interactive — Shares of the video game publisher were up about 1% after its quarterly report showed stronger-than-expected bookings. Revenue guidance of $3.1 billion to $3.15 billion was also softer than the $3.3 billion expected by Wall Street. JD.com — The Chinese e-commerce stock advanced 2.2% on the heels of a Macquarie upgrade to outperform from neutral.
Persons: Reddit, OpenAI, Doximity, Globant, DXC, Tilray, Coinbase, JD.com, Macquarie, Jefferies, Yun Li, Jesse Pound, Samantha Subin, Hakyung Kim Organizations: GameStop, OpenAI, Reuters, Microsoft, Nvidia, Bloomberg Law, Globant SA, Technology, FactSet, Wall, Bank of America, Macquarie, DuPont de Nemours, Jefferies
Applied Materials : Shares were slightly higher after the semiconductor equipment company reported better-than-expected results. "They're in the right spot, sweet spot," Jim Cramer said. "Too early to buy," Cramer said, noting the company also expects a few weaker quarters ahead. Robinhood Markets , Coinbase : Bank of America analysts double upgraded Robinhood to buy from underperform, citing rising retail engagement. "And Coinbase, they're talking about bitcoin accelerating.
Persons: Jim Cramer's, Jim Cramer, Gary Dickerson, Cramer, BTIG, it's Organizations: CNBC, Club, Darden, Olive Garden, LongHorn, Texas, Robinhood, Coinbase, Bank of America
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFriday’s rapid fire: Applied Materials, Cracker Barrel, Darden Restaurants, Take-Two Interactive and RobinhoodCNBC's Jim Cramer on Friday discussed the latest earnings reports and analyst calls on stocks outside the Investing Club's portfolio.
Persons: CNBC's Jim Cramer Organizations: Darden
CNBC's Jim Cramer on Friday guided investors through next week's market action, telling them to pay attention to a number of earnings reports, including Home Depot , Alibaba and Walmart . He also suggested remarks from Federal Reserve officials will continue to shape the market, saying investors should tune in on Monday to commentary from Loretta Mester, the president of the Federal Reserve Bank of Cleveland. Alibaba also reports that day, and Cramer said if the quarter is good, Wall Street may be more inclined to buy Chinese stocks. Thursday brings earnings from Walmart , Deere and Applied Materials . He added that Applied Materials could have a solid quarter as its peer Taiwan Semiconductor just released a positive sales report.
Persons: CNBC's Jim Cramer, Loretta Mester, Cramer, Alibaba Organizations: Home, Walmart, Federal Reserve, Federal Reserve Bank of Cleveland, Cisco, Deere, Applied, Taiwan Semiconductor, Dow Locations: Alibaba, Nextracker
CNBC's Jim Cramer on Friday analyzed Cracker Barrel 's business over the past few years, telling investors they should wait to buy the stock until the company gives a progress update on its conference call in two weeks. So as the competition raises prices to combat inflation, Cracker Barrel has less room to do so. Cramer also said he wants to know whether the company will cut its dividend. "I want to recommend Cracker Barrel, I really do," Cramer said. Cracker Barrel did not respond immediately to CNBC's request for comment.
Persons: CNBC's Jim Cramer, Cramer, Julie Felss Masino, Masino Organizations: Taco Bell
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: SoundHound is losing money, it's no good for me, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: OneMain Holdings, SoundHound AI, Cracker Barrel, Grupo Financiero, General Motors, and more.
Persons: SoundHound, Jim Cramer Organizations: OneMain Holdings, Financiero, General Motors
Cramer's Lightning Round: General Motors is a buy
  + stars: | 2024-05-02 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon OneMain's year-to-date stock performance. Stock Chart Icon Stock chart icon SoundHound's year-to-date stock performance. Stock Chart Icon Stock chart icon Cracker Barrel's year-to-date stock performance. Stock Chart Icon Stock chart icon General Motors' year-to-date stock performance. Stock Chart Icon Stock chart icon NextEra Energy's year-to-date stock performance.
Persons: It's, it's, we'll, Motors, NextEra Organizations: General Motors, Financial, Heartland Financial, NextEra
The rapid rise and fall of ghost kitchens
  + stars: | 2024-04-14 | by ( Kenneth Niemeyer | ) www.businessinsider.com   time to read: +4 min
Ghost kitchens are restaurants with no storefront and no seating that customers never see and which only do delivery. Several influencers and celebrities have used ghost kitchens to produce their own lines of food, like YouTuber Jimmy Donaldson, known online as Mr. AdvertisementAnd as quality issues and late delivery times worsen, some ghost kitchens are starting to see legal challenges. Cracker Barrel also opened its own virtual restaurant using CloudKitchens, another ghost kitchen group, according to Restaurant Business. The company owns three virtual brands, Banda Burrito, The Meltdown, and Burger Den.
Persons: , Jimmy Donaldson, Burger, Noah Schnapp, It's, TenderFix, Brinker, Kevin Hochman, Donaldson, MrBeast, Travis Kalanick, Kelli Valade Organizations: Service, Business, The New York Times, Kroger, Times, Restaurant Business, Banda, Denny's
Kyle Zajac, a 22-year-old server, earns thousands of tips weekly at an upscale steakhouse. Zajac dropped out of college to focus on a higher-paying server job and doesn't regret his choice. AdvertisementNow, I work as a server at an upscale steakhouse, and I bring home thousands in tips each week. During the year I worked there, I began applying for upscale server jobs. AdvertisementRecently, thanks to a convention, I took home $2,400 in tips in one week, and the week before I earned $1,800.
Persons: Kyle Zajac, Zajac, , I've, I'd, I'm, they've Organizations: Service, US Department of Labor, Ford Locations: Indianapolis, Philippines, Europe
Former President Donald Trump can now add “Bible Salesman” to his resume, after he filmed what amounts to an infomercial for a $59.99 version of the Good Book. "Religion and Christianity are the biggest things missing from this country,” Trump said in a video posted to his Truth Social account this week. “And I truly believe that we need to bring them back, and we have to bring them back fast. “I think it's one of the biggest problems we have,” he said, adding that he has “many” Bibles and that the Bible is his favorite book. Best Cartoons on the Republican Party View All 206 ImagesThe entrepreneurial endeavor comes as Trump’s legal fees are piling sky-high.
Persons: Donald Trump, , ” Trump, James, Lee Greenwood, Trump, E, Jean Carroll, they’ll, it's, Jesus Christ, he’d, , ‘ Let’s Organizations: Trump, United, Constitution, CIC Ventures LLC, Ventures, Washington Post, The New York Times, Republican Party, New, Republicans, Liberty University, House Locations: Independence, New York, cologne, Georgia, U.S
I wanted to explore the US, but I also wanted to see if van life was something I could do full-time. I quickly realized that these small costs — eating out, gas station snacks, souvenirs — are where van life can get expensive. AdvertisementSo finding a lifestyle like van life, which includes adventure and potential savings, sounds too good to be true. Monica Humphries/Business InsiderI experienced ways that living in a van could be cheaper than my lifestyle todayThere are hidden costs that come with van life. I'm not saying van life is necessarily cheaper than city living, but I am convinced it can be if I work at it.
Persons: , ProMaster, I've, Apartments.com, Axios, It's, Brittany Newson, Monica Humphries, it'd, Zach Nelson, Joe's, Joshua, Ram, van, I'd, I'm Organizations: Service, Denver, Mercedes, Benz, Costco, Walmart Locations: Denver , Colorado, Denver, Southwest America, Plenty, San Fransico, Joshua Tree
The concept of van life has intriqued me for years. I've interviewed dozens of nomads who encouraged others to try van life with shorter trips. AdvertisementThose desires could be answered with van life — especially since the version of van life I saw scrolling on Instagram and TikTok seemed to fit my outdoorsy lifestyle. Related storiesI knew two weeks wasn't enough to experience every aspect of van life. Plus, the company's vans were what I dreamed of when I pictured van life.
Persons: I've, , Monica Humphries, Maddy Garrett, Ram Organizations: Service, Valley Music, Arts, Gatorade, Allied Market Research, Business, Subaru, Walmart, Costco Locations: Bryce, United States, RVs, Albuquerque , New Mexico, Denver, New Mexico, Las Vegas
I tried pancakes from IHOP, Denny's, and Cracker Barrel to see which chain had the best version. I loved Cracker Barrel's fluffy, flavorful buttermilk pancakes. AdvertisementI'm not a morning person, but I've always loved pancakes. Lately, I've been curious to find out which restaurant had the best buttermilk pancakes, so I compared stacks at Cracker Barrel, IHOP, and Denny's in the Las Vegas area. Here's how the experience and pancakes at each chain stacked up.
Persons: , I've Organizations: Service Locations: Las Vegas
My son can't digest dairy and we found out when he was 3 months old. My parents still don't know what dairy is and feed him treats with it. AdvertisementMy son was born with an inability to digest dairy, which was diagnosed when he was 3 months old. My parents still don't know what dairy isI'm always glad when my dad asks me before feeding my son. I continued the food love tradition myself at first, but my family's health has changed, and so have our traditions.
Persons: , tummy, he's, it's, I'm, That's Organizations: Service Locations: He's
I ordered Cracker Barrel 's Meatloaf n' Tenders family meal for my party of five. The meal fed my family with leftovers to spare and worked out to around $10 per person. AdvertisementI love to cook dinner for my family, but as a busy mom who works and homeschools my teenagers, it's always nice to get a break from the kitchen during the week. Recently, we tried one from Cracker Barrel. Here's what it was like to order, pick up, and eat a family meal from Cracker Barrel, and why I'd definitely order a to-go dinner from the chain again.
Persons: , it's, I've Organizations: Service
Margie and Ed Imo opened their first tiny pizzeria in 1964 in St. Louis' historic The Hill neighborhood. AdvertisementSt. Louis West is the most quintessential Imo's location, in my opinionThe Imo's location on Hampton Avenue is right by Forest Park in St. Louis. Holly FannI stopped in for a bite at Imo's St. Louis West location on Hampton Avenue because I think it rises above the others in the city. The St. Louis West location has custom iron chairs and fun decor. AdvertisementToasted ravioli is another St. Louis delicacyYou'll find toasted ravioli on menus across St. Louis.
Persons: Louis, Margie, Ed Imo, it's, Louis West, St . Louis, Holly Fann, Holly Organizations: Business, Imo's St Locations: Midwest, Missouri, St, Missouri , Illinois, Kansas, provolone, Hampton, St ., Imo's, Forest, New York
Wall Street returned to its winning ways this week — and Nvidia 's blowout earnings report Wednesday night was a big reason why. Twenty-six of our 32 portfolio stocks have delivered their results this earnings season (we didn't own Abbott Labs at the time of its report). It was a muted week for macroeconomic data, but we did get a slightly better-than-expected January existing home sales report on Thursday. In the week ahead, two more Club names are set to report earnings before a market-moving economic update arrives Thursday morning. The two other reports of note are the January new home sales report on Monday and ISM Manufacturing report on Friday.
Persons: Dow, we'll, bode, We're, Li Auto, Krystal, Arcutis, MARA, Iovance, Goldman Sachs BDC, CRON, BUD, Papa, LEV, Ginkgo, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nvidia, Nasdaq, Dow Jones, Dow, Palo Alto Networks, Bausch Health, Coterra Energy, Abbott, Companies, TJX, Marshalls, TJX Companies, Berkshire Hathaway, Krystal Biotech, Alpha Metallurgical Resources , Inc, Fidelity National Information Services Inc, Animal Health, ELAN, Public Service Enterprise Group, Surgery Partners, BioCryst Pharmaceuticals Inc, Outdoor Holdings, Enlight Renewable Energy Ltd, Kosmos Energy, Playtika, Video Communications, TiRobot Corp, IRB, SBAC Communications Corporation, HEICO Corporation, FS KKR, Archer Aviation Inc, TransMedics, Sterling Construction Company, AES, Cruise Line Holdings, Lowe's Companies, American Electric Power Company, Bank of Nova, APLS Pharmaceuticals, Bank of Montreal, BMO, Devon Energy, Solar Inc, Technologies, Lab, Virgin Galactic Holdings, Splunk Inc, eBay, EBAY, Luminar Technologies, Agilent Technologies, G Foods, Masimo Corp, Baidu, Parts Inc, Icahn Enterprises, Viatris Inc, ACM Research, Golden Ocean Group, EMCOR, Industries, NRG Energy, Dycom, Editas, UWM Holdings Corporation, Vistra Energy, Marathon Digital Holdings, AMC Entertainment Holdings, Paramount Global, IonQ Inc, International, HP, Monster Beverage Corporation, Cronos, Birkenstock Holding, Anheuser, Busch InBev, Body, Brink's Company, Flags Inc, Papa John's, ACI, Hormel, Lion Electric Company, BlackRock TCP, Dole plc, DOLE, Fisker Inc, Dell Technologies, Ginkgo Bioworks Holdings, Autodesk, Green Brick Partners, Hewlett Packard Enterprise, Veeva Systems, INTTEST Corporation, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: New York City, U.S, Salesforce, Maxx, Bank of Nova Scotia, BlackRock, Cayman
On a recent trip, I was able to assemble an entire meal out of the sides there, so I wanted to see if that was possible at IHOP, too. I ordered one of each side dish available on the menu, which was a little different than what I found online. I also ordered a slice of ham, but it got lost in the mix and never arrived. There were so many sides on the table that I didn’t even notice until we were done with our meal. Here's how the 10 side dishes I tried ranked from worst to best.
I tried 28 dips and spreads from Trader Joe's to see which would be the best for a Super Bowl party. As a regular connoisseur of Trader Joe's salsas and spreads, I decided to try some of the chain's most popular dips. AdvertisementThe pimento cheese dip basically was comfort food in a containerTrader Joe's pimento cheese dip was soft and flavorful. VERDICT: I may not be an expert on Southern dips, but Trader Joe's pimento cheese option tasted like a winner. So it was unsurprising that Trader Joe's upgraded version of this familiar favorite turned out to be one of the standout dips I tried.
Persons: Joe's, , Wilson, I'm, I'd, could've, Savanna, pico de gallo, Wilson I'm, jalapeño hummus, hummus, it's, Wilson It's, tzatziki, Wilson I've, Joe's tzatziki, Margherita, I've, pico, gallo, It's, Wilson Chunky, you've Organizations: Super Bowl, Service, Wilson, Joe's Locations: Buffalo, Savanna, Southern, dill, Joe's Buffalo, Monterey Jack, cayenne
Grammy Awards winners list (updating live)
  + stars: | 2024-02-04 | by ( Lisa Respers France | ) edition.cnn.com   time to read: +5 min
CNN —Winners of the 66th Grammy Awards, the music industry’s top prize, are being presented on Sunday. The ceremony is taking place in rainy Los Angeles, where Trevor Noah is hosting the event for a fourth time. The nominees in several top fields can be found below. Winners are indicated in bold and are being updated live throughout the show. The full list of winners in all 94 Grammy categories can be found here.
Persons: Trevor Noah, SZA, Phoebe Bridgers, Billie Eilish, Barbie ”, “ Oppenheimer ”, Taylor Swift, , ” She’s, , Janelle Monáe, Jon Batiste, Lana Del Rey, Miley Cyrus, Olivia Rodrigo, Eilish, Bill ” Taylor Swift, Victoria, Coco Jones Gracie Abrams Fred, Noah Kahan Victoria Monét, Kelly Clarkson, Ed Sheeran, ” Taylor Swift, Brandi Carlile, Miles ” SZA, Karma, Jack Antonoff Dernst, ” Emile II, Daniel Nigro, Edgar Barrera Jessie Jo Dillon Shane McAnally Theron Thomas, Justin Tranter, Mike, “ Michael ”, ” Nas, Travis Scott, Kendrick Lamar, ” Drake, Rich, Osborne, “ Brothers Osborne ” Kelsea, ” Lainey Wilson, Tyler Childers, “ Rustin ’, Zach Bryan, Zach Bryan ”, Brandy Clark, Chris Stapleton, Dolly Parton, Luke Combs, Greta Van, Coco Jones, Emily King, Walker, Chris Brown, Robert Glasper, Alex Isley, Bill ” Victoria, ” PJ Harvey, Amapiano ” Burns, David, Ayra Starr, ” Tyla, “ Barbie, ” Mark Ronson, Andrew Wyatt, ” Ludwig Göransson, ” John Williams, “ Indiana Jones, “ Oppenheimer Organizations: CNN, , Swift, Hit Boy Metro, Drake, Metro Boomin, “ Scientists, Engineers, Queens, Pumas, Foo, Boys Locations: Los Angeles, Dua Lipa
In the name of research, I tried all seven premium sides available at my local Cracker Barrel. Although I liked most of the "loaded" options, the loaded sweet potato was my favorite. My least favorite, the loaded baked potato, was still delicious, it just wasn't quite as fun. Cracker Barrel's list of premium sides changes from time to time. I ordered one of each of the premium sides available: loaded baked potato, loaded baked sweet potato, bacon mac and cheese, hash-brown casserole tots, loaded hash-brown casserole, loaded mashed potatoes, and pancakes.
Persons: , I'm, I've Organizations: Service
Read previewBusiness Insider put the best recipes from celebrity chefs head-to-head to find the most delicious salads, desserts, bread, beverages, and more. AdvertisementRead more about the winning recipe and full battle here: I tried 3 celebrity chefs' recipes for blueberry pancakes, and the best used whipped egg whites. Read more about the winning recipe and full battle here: I made 4 celebrity chefs' recipes for overnight oats, and the best was served in a cantaloupe. This celebrity chef's garlic bread was buttery, spicy, and not at all soggyThe texture of Guy Fieri's garlic bread was spot-on. AdvertisementRead more about the winning recipe and full battle here: I tried 3 celebrity chefs' recipes for white sangria, and the best was also the prettiest.
Persons: , Paige Bennett, Tiffany Leigh, Bennett's, Bennett, Carla Hall's microwaved, Bobby Deen's, Nancy, Nancy Fuller, Ina Garten's, Read, Ree Drummond, Alton Brown, Curtis Stone, Flay's, Paige Bennett Bobby Flay's, Guy, Guy Fieri's, Tiffany Leigh Fieri's, pico de gallo, Leigh, roja, Gordon Ramsay's, Paige Bennett Bennett, Giada De Laurentiis, Trisha Yearwood, Aarón Sánchez, Fieri's, Alex Guarnaschelli's, Alex Guarnaschelli, Rachel Ray, Paula Deen, Carla Hall's cornbread, Alton Brown's, dill, Sunny, Paige Bennett Garten, Anderson's coleslaw, Guy Fieri, Ina Garten, Sunny Anderson, Lucien Formichella, Brown, Bobby Flay, Keller's, Thomas Keller, Daniel Boulud, skillet, Rachael Ray's, Alfredo, Katie Lee Biegel's fettuccine, Chelsea Davis, Ree Drummond's, Giada de, Chelsea Davis Davis, Drummond, De Laurentiis, Laurentiis, Davis, Duff, Bobby Flay's, Gordon, Bobby, Flay, papayas, pecans, caramelized pecans, we've, Sandra, Sandra Lee's boozy, milkshake, minty, Geoffrey Zakarian's margarita, Geoffrey, Rachael Ray's negroni, Ina Garten's mulled, Bobby Flay's Bloody Mary, Geoffrey Zakarian's, Ina, Gina Neely, Rachael Ray, Guarnaschelli, Ray Organizations: Service, Business, Insider Hall, Garten, kiwis, Alton, cranberries Locations: scone, Worcestershire, Garten, mayo, cayenne, Buffalo, Swiss chard, Ree, Moscow
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