Cracker Barrel Going Out Of Business 2025. New york cnn — cracker barrel ceo julie felss masino recently gave a devastatingly frank assessment of the brand: Cracker barrel old country store cuts its dividend 81% as it undertakes a “strategic transformation” of the restaurant and novelty store chain.

Cracker barrel is not going out of business as there are 665 cracker barrel restaurants in the united states, claims cracker barrel. Dismal comps, rising costs and traffic woes continue to hurt the company.