SCHEDULE: FMR LLC Discloses 5.3% Stake in Cracker Barrel

FMR LLC and Abigail P. Johnson have reported a 5.3% beneficial ownership stake in Cracker Barrel Old Country Store, Inc. as of December 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson have filed a Schedule 13G, disclosing their beneficial ownership in Cracker Barrel Old Country Store, Inc. (CBRL).
• As of December 31, 2025, FMR LLC beneficially owns 1,212,288.86 shares of Cracker Barrel common stock.
• This ownership represents 5.3% of the total outstanding common stock of Cracker Barrel Old Country Store, Inc.
• FMR LLC holds sole voting power over 1,186,417.11 shares and sole dispositive power over 1,212,288.86 shares.
• Abigail P. Johnson, as a control person of FMR LLC, is also deemed to beneficially own 1,212,288.86 shares, representing 5.3% of the class, with sole dispositive power over these shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive signal, as a significant institutional stake by a reputable firm like FMR LLC can be interpreted as a vote of confidence in the company's long-term prospects, even if it's a passive investment.

Industry Context

StockSavvy.ai notes that FMR LLC, a major institutional investor, maintaining a significant stake in Cracker Barrel Old Country Store, Inc. suggests continued institutional interest in the casual dining and retail sector, particularly for established brands with a strong regional presence. This type of disclosure indicates a passive investment position rather than an activist one, which is common for large asset managers.

Comparison to Industry Standards

• This Schedule 13G filing primarily concerns beneficial ownership disclosure by an institutional investor and does not provide performance data for comparison to industry standards or specific comparable companies/projects.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by FMR LLC may enhance investor confidence and potentially stabilize the stock price due to a large, passive holder.
• Management: Awareness of a major institutional holder may influence management's strategic decisions, though FMR LLC states its intent is not to influence control.

Key Dates

Recommendation

The filing indicates a significant, passive institutional stake by FMR LLC in Cracker Barrel. While this suggests a vote of confidence from a major investor, a Schedule 13G filing itself does not provide new operational or financial performance data to warrant a strong buy or sell recommendation. It primarily confirms an existing or slightly adjusted ownership position. Therefore, a "hold" recommendation is appropriate, acknowledging the institutional backing without new fundamental catalysts.

Keywords

Cracker Barrel Old Country Store, CBRL, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing